Project Portfolio Management (PPM) Market Size 2021-2031 | Drivers
The Project Portfolio Management (PPM) Market is expected to register a CAGR of 13% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The PPM Market report segments the Project Portfolio Management (PPM) Market based on Solution Type, Deployment Mode, Organization Size, and Industry Vertical. It gives a complete regional picture of markets and countries for global view. Market price estimates per region are presented in US dollars (US$), CAGR estimates to display the market development. This report offers a holistic analysis of market conditions, growth trends, and market competition by regions and segments.
Purpose of the ReportThe report Project Portfolio Management (PPM) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Project Portfolio Management (PPM) Market Segmentation
Deployment TypeStrategic Insights
Project Portfolio Management (PPM) Market Growth Drivers- Rising Demand for Better Allocation of Resources: Organizations are also moving to Project Portfolio Management (PPM) solutions for optimizing the use of resources on different projects. PPM solutions also offer insights into resources available and project needs so you can allocate skills and resources efficiently. More than 65% of companies say they are getting more out of projects by managing their resources better with the PPM solution and that is also one of the reasons why market growth is going strong.
- Exploding Level of Complexity of Project Management in Industries: As project management has become more complicated with more simultaneous, distributed projects and geographically distributed teams, PPM tools have increased in importance. PPM solutions automate workflows and improve teamwork — both important in enterprises. More than 70% of companies with several projects at a time consider PPM essential and this results in an increase in market size and adoption.
- Increasing Role for Analytics and Decision Making in Real-Time, In the Field:Analytics in PPM products, which provide real-time data to project managers so that they can make informed decisions in real time. Because PPM software allows you to make decisions in real time, projects are less delayed and are more completed. More than 50% of companies using real-time data also see faster project delivery - this is the power of analytics in propelling PPM market share.
- Combine AI and Machine Learning to make Better Decisions:
AI/ML use cases in PPM systems are also increasing. These tools allow data to be processed, and provide prediction based on which decision-making can be made and risk management is achieved. By 2026, close to 40% of PPM solutions will include AI/ML features, which will play a huge role in the growth of the market as companies are looking to drive better project results. - Shift Toward Cloud-Based PPM Solutions: PPM in the cloud is an advancing option because it’s more flexible, scalable and accessible. These solutions let teams work together in real time from anywhere — perfect for multinational companies. More than 60% of businesses plan to outsource their PPM applications to the cloud in the next 5 years, according to surveys, a radical market shift is taking place.
- Boosted Focus on Agile Project Management: Agile project management is now popular in many industries and PPM systems are also adapting to agile approaches. The pattern is also a response to accelerated project times and iterative planning. Agile-compatible PPM tools are projected to hold a huge share of the market by 2025 as almost half of companies want to use agile practices to be more flexible and responsive to project changes.
- Rising of Small and Medium-scale Industries (SMEs): Small Businesses are using PPM tools more than ever to become more efficient with projects and compete with bigger organizations. With cost effective and flexible SME solutions on the horizon, there’s a lot of room for growth here. These days, nearly 45% of SMEs state they want better project management, and it will grow the PPM market in smaller organizations.
- Growing Demand in Emerging Markets: In fast digitizing markets like Asia-Pacific and Latin America, the demand for PPM solution is also rising. As industrial and IT industries of these areas grow, project management tools that are effective are in increasing demand. A lot of people in India and Brazil will increase their PPM usage as their project-based businesses rise more than 20% in the coming decade.
- Implementation of Cutting Edge Reporting and Analytics Functions: Because companies are now increasingly relying on data-driven decisions, organizations are looking for more sophisticated reporting and visualization features in PPM solutions. The more powerful reports available in a PPM system, the better the opportunities to see where projects are performing and how resources are being used. This feature is a big opportunity for PPM Solution Providers, as more than 55% of organizations say that data visualization is vital to their project management.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Project Portfolio Management (PPM) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Project Portfolio Management (PPM) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Leading players in this market are - Ca Technologies, Hewlett Packard Development Company L.P., Planisware, Changepoint Corporation, Innotas, Oracle Corporation, SAP SE, Celoxis Technologies, Planview
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Key trends in the Project Portfolio Management (PPM) market include AI integration, cloud-based solutions, and data-driven insights, enabling predictive analytics, remote project management, and enhanced collaboration for optimized project outcomes.
The market is expected to grow at a CAGR of 13% by 2031.
The Project Portfolio Management (PPM) market is driven by the need for efficient resource allocation, rising project complexity, and demand for real-time analytics, enabling streamlined processes, improved decision-making, and enhanced project efficiency.
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 The Insight Partners Research Report Guidance
3 Key Takeaways
4 Project Portfolio Management (PPM) Market Landscape
4.1 Overview
4.2 Definitions
4.3 Market Segmentation
4.3.1 By Deployment Type
4.3.2 By End-user
4.3.3 By Regions
4.3.3.1 By Countries
4.4 Value Chain Analysis
5 Project Portfolio Management (PPM) Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
6 Project Portfolio Management (PPM) Market - Five Forces Analysis
6.1 Porters Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Bargaining Power of Buyers
6.1.3 Threat of Substitutes
6.1.4 Threat of New Entrants
6.1.5 Degree of Competition
7 Project Portfolio Management (PPM) Market - Competitive Landscape
7.1 Global Project Portfolio Management (PPM) Market Sales Revenue (US$ Bn), 2014 - 2025
7.2 Project Portfolio Management (PPM) Market - Market Share Analysis of Market Positioning of Key Players, 2015
7.2.1 Global Project Portfolio Management (PPM) Market, Market Share or Market Positioning of Key Players, 2015
7.2.2 Project Portfolio Management (PPM) Market, Key Players by Region
8 Global Project Portfolio Management (PPM) Market Revenue and Forecasts to 2028 - Deployment Type
8.1 Overview
8.1.1 Segment Share (%), 2015 & 2025
8.2 Cloud
8.2.1 Overview
8.2.2 Global Cloud Market Revenue and Forecasts to 2028 (US$ Bn)
8.3 On-Premises
8.3.1 Overview
8.3.2 Global On-Premises Market Revenue and Forecasts to 2028 (US$ Bn)
9 Global Project Portfolio Management (PPM) Market Revenue and Forecasts to 2028 - End-user
9.1 Overview
9.1.1 Segment Share (%), 2015 & 2025
9.2 Small & Medium Enterprises
9.2.1 Overview
9.2.2 Global Small & Medium Enterprises Market Revenue and Forecasts to 2028 (US$ Bn)
9.3 BFSI
9.3.1 Overview
9.3.2 Global BFSI Market Revenue and Forecasts to 2028 (US$ Bn)
9.4 Real Estate
9.4.1 Overview
9.4.2 Global Real Estate Market Revenue and Forecasts to 2028 (US$ Bn)
9.5 Government
9.5.1 Overview
9.5.2 Global Government Market Revenue and Forecasts to 2028 (US$ Bn)
9.6 Retail
9.6.1 Overview
9.6.2 Global Retail Market Revenue and Forecasts to 2028 (US$ Bn)
9.7 Healthcare
9.7.1 Overview
9.7.2 Global Healthcare Market Revenue and Forecasts to 2028 (US$ Bn)
10 Global Project Portfolio Management (PPM) Market Revenue and Forecasts to 2028 - Geographical Analysis
10.1 Overview
10.1.1 Segment Share (%), 2015 & 2025
10.2 North America
10.2.1 Overview
10.2.1.1 Segment Share (%), 2015 & 2025
10.2.2 U.S.
10.2.2.1 U.S. Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.2.3 Canada
10.2.3.1 Canada Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.2.4 Mexico
10.2.4.1 Mexico Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3 Europe
10.3.1 Overview
10.3.1.1 Segment Share (%), 2015 & 2025
10.3.2 France
10.3.2.1 France Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3.3 Germany
10.3.3.1 Germany Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3.4 Italy
10.3.4.1 Italy Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3.5 Spain
10.3.5.1 Spain Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3.6 U.K
10.3.6.1 U.K Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.3.7 Rest of Europe
10.3.7.1 Rest of Europe Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.4 Asia Pacific (APAC)
10.4.1 Overview
10.4.1.1 Segment Share (%), 2015 & 2025
10.4.2 Australia
10.4.2.1 Australia Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.4.3 China
10.4.3.1 China Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.4.4 India
10.4.4.1 India Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.4.5 Japan
10.4.5.1 Japan Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.4.6 Rest of APAC
10.4.6.1 Rest of APAC Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.5 Middle East & Africa (MEA)
10.5.1 Overview
10.5.1.1 Segment Share (%), 2015 & 2025
10.5.2 Saudi Arabia
10.5.2.1 Saudi Arabia Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.5.3 South Africa
10.5.3.1 South Africa Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.5.4 UAE
10.5.4.1 UAE Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.5.5 Rest of MEA
10.5.5.1 Rest of MEA Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.6 South America (SAM)
10.6.1 Overview
10.6.1.1 Segment Share (%), 2015 & 2025
10.6.2 Brazil
10.6.2.1 Brazil Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
10.6.3 Rest of SAM
10.6.3.1 Rest of SAM Project Portfolio Management (PPM) Market Revenue Forecasts to 2028 (US$ Bn)
11 Global Project Portfolio Management (PPM) Market, Key Company Profiles
11.1 Ca Technologies
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 Hewlett-Packard Development Company L.P.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 Planisware
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Changepoint Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 Innotas
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Oracle Corporation
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 SAP SE
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 Celoxis Technologies
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 Planview
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 Workfront, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
11.11 Microsoft Corporation
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Financial Overview
11.11.4 SWOT Analysis
11.11.5 Key Developments
12 Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
12.3 Methodology
12.3.1 Coverage
12.3.2 Secondary Research
12.3.3 Primary Research
12.4 Contact Us
12.5 Disclaimer
- Ca Technologies
- Hewlett-Packard Development Company L.P.
- Planisware
- Changepoint Corporation
- Innotas
- Oracle Corporation
- SAP SE
- Celoxis Technologies
- Planview
- Workfront, Inc.
- Microsoft Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.