Cloud-Based Project Portfolio: North America to Occupy 40% Market Share| Evolving Opportunities with Atlassian Corp. Plc &Broadcom Inc.| Technavio – QNT Press Release

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NEW YORK, June 14, 2022 /PRNewswire/ — The cloud-based project portfolio management market size is expected to grow by USD 4.83 billion from 2020 to 2025 at a CAGR of 18.26% as per the latest market report by Technavio. 40% of the market’s growth will originate from North America during the forecast period. The US is the key market for cloud-based project portfolio management market in North America. Market growth in this region will be faster than the growth of the market in Europe and South America. The strong existence and penetration of the top vendors will facilitate the cloud-based project portfolio management market growth in North America over the forecast period.

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Read the 120-page report with TOC on “Cloud-based Project Portfolio Management Market Analysis Report by End User (manufacturing, ICT, healthcare, BFSI, and others) and Geography (North America, EuropeAPAC, MEA, and South America), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/cloud-based-project-portfolio-management-market-industry-analysis

Get ready to achieve excellent business outcomes from this exclusive Cloud-based Project Portfolio Management Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?|
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Cloud-based Project Portfolio Management Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share , etc. Don’t wait, Make a strategic approach & boost your business goals with our Cloud-based Project Portfolio Management Market Forecast Report – Buy Now!

Cloud-based Project Portfolio Management Market: Drivers, Trends & Challenges

The cloud-based project portfolio management market is driven by the increasing requirements for large-scale project portfolio management. In addition, the interlinking of software with project portfolio managementment is anticipated to boost the growth of the Cloud-based Project Portfolio Management Market. However, the factors such as challenges from open-source platforms may impede the market growth.

Cloud-based Project Portfolio Management Market: Vendor Offerings

The cloud-based project portfolio management market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.

  • Atlassian Corp. Plc – The company offers products like JIRA for team planning and project management.
  • Broadcom Inc. – The company offers Clarity which is a full-feature enterprise-grade PPM platform that fulfills large complexity use cases. The data model is deep across demand management, project management, custom investment management, resource management, financial management, program, and portfolio capabilities.
  • Mavenlink Inc. – The project management solution of the company is specifically designed for professional service organizations. It allows to assess the entire project portfolio at once or drill down to the task level.
  • Micro Focus International Plc – The project portfolio management (PPM) software of the company combines workflows and data, aligning corporate investments with business strategy.
  • Microsoft Corp. – The project portfolio management (PPM) software of the company has capabilities to effectively plan, prioritize, and manage project and portfolio investments.
  • To know about all major vendor offerings –Download a sample now!

Cloud-based Project Portfolio Management Market: Segmentation Analysis

End-User Outlook (Revenue, USD bn, 2020-2025)

  • manufacturing – size and forecast 2020-2025
  • ICT – size and forecast 2020-2025
  • healthcare – size and forecast 2020-2025
  • BFSI – size and forecast 2020-2025
  • others – size and forecast 2020-2025
Full story available on Benzinga.com

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