The Global Project Portfolio Management Market report covers the present scenario and the growth prospects of the Project Portfolio Management for 2015-2019. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors. The market research analysts predict the global PPM market to grow at a CAGR of close to 12% from 2015 to 2019. Factors such as increased need for business optimization and the need to manage costs accelerate the growth of this market.
PPM software solutions are used in BFSI, government, real estate, healthcare, and the retail sector to provide better visibility and management of projects. During the forecast period, the market will witness increased adoption of cloud-based solutions. Currently, PPM software largely offered through a three-year contract with a license that is subject to renewal post the contract period. In contrast, the SaaS-based model allows companies to choose their desired duration. It extends the flexibility to decide on whether to go ahead with the same requirements or purchase more services. Growing popularity of the SaaS model will drive this market over the next four years.
Browse more detail information about Project Portfolio Management Market Report at: http://www.absolutereports.com/global-project-portfolio-management-market-2015-2019-10336420
PPM software is a tool that is extensively used for analyzing and collectively managing multiple projects. It constitutes a significant part of enterprise risk management and allows enterprises to obtain and view information about all available projects. PPM enables organizations to prioritize and sort each project based on various parameters such as the impact on resources and strategic value. It helps project management teams to add or remove items from the project execution process based on cost, benefits, and long-term effects.
The Project Portfolio Management is divided into the following segments based on geography:
Get a PDF Sample of Project Portfolio Management Market Research Report at: http://www.absolutereports.com/enquiry/request-sample/10336420
Project Portfolio Management Market Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
The Americas accounted for the majority share of the global PPM market in 2014. However, it is predicted to witness a decline in its growth rate over the next four years. The EMEA is predicted to witness a rapid growth rate during the same period due to high adoption of SaaS-PPM.
Top players in Project Portfolio Management Industry
• CA Technologies
Market vendors are focused on resolving the various complexities involving deployment of PPM software. Many organizations that have implemented PPM software often face issues regarding the relevance and use of the software post deployment. At times, organizations do not clearly define their business problems and fail to communicate to PPM vendors. The market is also facing a crunch of skilled manpower who can train users and educate them about the correct usage of PPM software.
As per the market forecast, many industry verticals other than IT are expected to adopt agile project management methods over the next four years. This trend is catching up rapidly, and it will pose an attractive opportunity for market vendors during the forecast period.
In the end, the report makes some important proposals for a new project of Project Portfolio Management Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2015-2019 global Project Portfolio Management industry covering all important parameters.
Have any query? Ask our expert @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10336420
Key questions answered in this Project Portfolio Management report
• What are the key factors driving the global PPM market?
• What are the key market trends impacting the growth of the global PPM market?
• What are the various opportunities and threats faced by the vendors in the global PPM market?
• Trending factors influencing the market shares for EMEA, APAC, and Americas?
• Key outcome of the five forces analysis on the global PPM market?
• Growth forecast of the global PPM market until 2019?
Get Discount on Project Portfolio Management Market Research Report at: http://www.absolutereports.com/enquiry/request-discount/10336420