Market outlook of the project portfolio management and analytics market
Technavio’s research analyst predicts the project portfolio management and analytics market to grow steadily at a CAGR of 13% during the forecast period. The need for business optimization in organizations is a key driver for the growth of this market. PPM and analytics software enhance an organization’s processes by improving quality and resource control, improving overall productivity and efficiency of the firm. The growing requirement for scalable IT systems is encouraging enterprises to seek business solutions that can accelerate an organization's growth.
The implementation of risk management practices is expected to aid the market growth during the forecast period. The software solutions that are integrated with enterprise systems quickly provide insights about the impact of a project delay or a project failure on the business cycle. Many organizations are using predictive analytics as an important analytical tool to identify and align several projects and applications. Enterprise project portfolio management solutions are adopted by organizations to lower the risk and minimize the project cost.
Geographical segmentation and analysis of the project portfolio management and analytics market
The Americas accounted for 58% of the market share during 2015 and is expected to grow at a CAGR of 13% during the forecast period. Firms in this region are willing to invest in advanced analytics and automation systems for project management to support their numerous projects with cutting-edge technologies.
Competitive landscape and key vendors
Vendors in this market are facing stiff competition from several smaller companies that specialize in specific aspects of the highly fragmented software industry. The competition has further intensified due to pertaining economic uncertainties wherein customers are tightening their budgets on new technology spend.
The leading vendors in the market are -
- CA Technologies
- HP
- Microsoft
- Oracle
The other prominent vendors in the market include AtTask, Clarizen, Changepoint, Daptiv, EPM Live, GenSight, InLoox, INNOTAS, Leankit, Planisware, Planview, SAP, and Sciforma.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the project portfolio management and analytics market?
- What are the key market trends impacting the growth of the project portfolio management and analytics market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global project portfolio management and analytics market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global project portfolio management and analytics market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Five forces analysis
PART 06: Geographical segmentation
- Global PPM and analytics market by geography
- Americas
- EMEA
- APAC
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 13: Key vendor analysis
- CA Technologies
- HP
- Microsoft
- Oracle
PART 14: Appendix
PART 15: Explore Technavio