The global Project Portfolio Management Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period, to Reach USD 5.74 Billion by 2027, from USD 2.49 Billion in 2019

Fortune Business Insightspublished the latest research report on the “Project Management Market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, theProject Management Marketstudy demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.

Report Details:

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Driving Factor:

Increasing Adoption of Artificial Intelligence in Business Processes to Aid Growth

The increasing adoption of artificial intelligence by the companies is propelling the demand for automation in project management processes. This is enabling the businesses to speed up their delivery process and reduce operational costs drastically. Additionally, the companies are developing advanced project portfolio management (PPM) software enabled with AI technology. For instance, in 2019, Planisware S.A.S announced the launch of AI-enabled PPM solution to provide effective project management services. The surging adoption of agile business practices is further expected to favor the adoption of PPM solutions that is expected to bode well for the growth of the global PPM market in the forthcoming years.

Report Coverage

We provide reports which are conducted with an all-inclusive examination approach that majorly emphasizes delivering precise material. Our scholars have applied a data triangulation method which further assists us in offering trustworthy estimations and testing the general market dynamics accurately.

Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

This Report Answers the Following Questions:

• What are the Project Management Market growth drivers, hindrances, and dynamics?
• Which Project Management Market companies would lead the market by generating the largest revenue?
• How will the companies surge the processes adoption amid the COVID-19 pandemic?
• Which region and segment would dominate theProject Management Market in the coming years?

Major companies in Project Management Market Report are:

• Planview, Inc. (Texas, United States)
• Integrated Project Management Company, Inc (Illinois, United States)
• Changepoint Corporation (Washington, United States)
• Wrike, Inc (California, United States)
• Hexagon AB (Sweden)
• Logic Software Inc (Toronto, Canada)
• ProductDossier Solution (India) Pvt. Ltd (Maharashtra, India)
• ServiceNow, Inc (California, United States)
• UMT 360 LLC (Washington, United States)
• Microsoft Corporation (Washington, United States)
• Micro Focus International plc (Newbury, United Kingdom)
• SAP SE (Walldorf, Germany)
• com, Inc (Texas, United States)
• MAVENLINK, INC (Irvine, United States)
• ProjectObjects s.r.l. (Monza (MB); Italy)
• Triskell Software LLC (Florida, United States)
• Planisware S.A.S. (California, United States)
• Oracle Corporation (California, United States)

Pre-Post COVID-19 Impact on Global Project Management Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Project Management Market, since end-user industries were still not operating at their full capacity.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Project Management Market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Project Management Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

KEY QUESTIONS ANSWERED:

• What is the Project Management Marketsize and growth rate of the global and regional market by various segments?
• What is the Project Management Market size and growth rate of the market for selective countries?
• Which region or sub-segment is expected to drive the market in the forecast period?
• What Factors are estimated to drive and restrain the Project Management Market growth?
• What are the key technological and market trends shaping the market?
• What are the key opportunities in the market?
• What are the key companies operating in the market?
• Which company accounted for the highest Project Management Market share?

Key Questions Answered in this Report

1) What were the pre and post-business impacts of COVID-19 on the Project Management Market?

2) What is the market size, share?

3) Who are the top key players in the market?

4) What will be the future market of the Project Management Market?

Key Offerings:

• Project Management Market Size and Forecast by Revenue | 2022−2029

• Project Management Market Dynamics Leading trends, growth drivers, restraints, and investment opportunities

• Market Segmentation A detailed analysis by product, by types, end-user, applications, segments, and geography

• Competitive Landscape Top key vendors and other prominent vendors

Table of Contents with Major Points:

1.Executive Summary

1.1. Market Snapshot

1.2. Global and Segmental Market Estimates and Forecasts, 2018-2029 (USD Billion)

1.2.1. Project Management Market, by Region, 2018-2029 (USD Billion)

1.2.2. Project Management Market, by Type, 2018-2029 (USD Billion)

1.2.3. Project Management Market, by Application, 2018-2029 (USD Billion)

1.2.4. Project Management Market, by Verticles, 2018-2029 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

2.Global Project Management Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition and Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

3.Global Project Management Market Dynamics

3.1. Project Management Market Impact Analysis (2018-2029)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

4.Global Project Management Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2029)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation and Conclusion

5.Global Project Management Market, by Type

5.1. Market Snapshot

5.2. Global Project Management Market by Type, Performance Potential Analysis

5.3. Global Project Management Market Estimates and Forecasts by Type 2018-2029 (USD Billion)

5.4. Project Management Market, Sub Segment Analysis

6.Global Project Management Market, by Application

6.1. Market Snapshot

6.2. Global Project Management Market by Application, Performance Potential Analysis

6.3. Global Project Management Market Estimates and Forecasts by Application 2018-2029 (USD Billion)

6.4. Project Management Market, Sub Segment Analysis

6.4.1. Others

7.Global Project Management Market, by Verticles

7.1. Market Snapshot

7.2. Global Project Management Market by Verticles, Performance Potential Analysis

7.3. Global Project Management Market Estimates and Forecasts by Verticles 2018-2029 (USD Billion)

7.4. Project Management Market, Sub Segment Analysis

8.Global Project Management Market, Regional Analysis

8.1. Project Management Market, Regional Market Snapshot

8.2. North America Project Management Market

8.3. Europe Project Management Market Snapshot

8.4. Asia-Pacific Project Management Market Snapshot

8.5. Latin America Project Management Market Snapshot

8.6. Rest of The World Project Management Market

9.Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Keyplayer1

9.2.1.1. Key InDurationation

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

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Press Release Distributed by The Express Wire

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