According to IMARC Group’s latest report, titled “Project Portfolio Management Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the market to reach register a CAGR of around 6% during 2020-2025.Project portfolio management (PPM) is a management process that helps organize various projects into a single portfolio to meet organizational goals.

It enables the project managers and project management organizations (PMO) to predict potential problems, manage budgets and address stakeholders’ concerns through various heuristic models, score visual or mapping techniques, and maximize the company’s investments.Request for a free sample copy of this report: https://www.imarcgroup.com/project-portfolio-management-market/requestsampleMarket TrendsThe global PPM market is primarily driven by the growing adoption of cloud-based PPM services, which helps organizations in collaborative planning, scheduling, faster and effective decision-making, as well as remote monitoring of assignments and projects.

Apart from this, there has been widespread utilization of the software in the healthcare sector as PPM solutions aid healthcare providers in managing and evaluating a large number of projects by grouping them into strategic portfolios and streamlining their operations for enhanced efficiencies.

Furthermore, the increasing need for automation and bring your own device (BYOD), rising trend of digitalization, and extensive research and development (R) activities in the field of information technology (IT) are some of the other factors expected to create a positive outlook for the market in the upcoming years.

Project Portfolio Management Market 2020-2025 Analysis and Segmentation: Some of these key players include:Broadcom Inc.Celoxis Technologies Pvt.

Ltd.Changepoint CorporationClarizen, Inc.HP Development CompanyInnotasKeyedn Solutions LLCMicrosoft CorporationOracle CorporationPlaniswarePlanview Inc.SAP SEWorkfront Inc.The report has segmented the market on the basis of component, solution type, deployment type, organization size, vertical and regionBreakup by Component:SoftwareServices Breakup by Solution Type:Information Technology SolutionsNew Product Development SolutionsOthers Breakup by Deployment Type:On-premisesCloud-based Breakup by Organization Size:Large EnterprisesSmall and Medium EnterprisesExplore full report with table of contents: https://www.imarcgroup.com/project-portfolio-management-market Breakup by Vertical:Energy and UtilitiesGovernment and DefenseIT and TelecomBanking, Financial and Insurance ServicesManufacturingHealthcare and Life ScienceConsumer Goods and RetailOthers Breakup by Region:North AmericaAsia PacificEuropeLatin AmericaMiddle East and Africa Browse Related Report:https://www.imarcgroup.com/business-jet-markethttps://www.imarcgroup.com/e-commerce-marketAbout UsIMARC Group is a leading market research company that offers management strategy and market research worldwide.