Global Cloud project portfolio management Market research report likewise covers significant advancements utilized and services provided by driving organizations of the worldwide Global Cloud project portfolio management Market. It gives insights regarding most recent industry patterns seen in various market sections. By giving business sector figures of each portion regarding volume and income, the report empowers market players to concentrate on high-development territories of the worldwide Global Cloud project portfolio management Market. The report likewise enables you to concentrate on topographies that hold the possibility to make worthwhile prospects soon.
Market Analysis: Global Cloud project portfolio management Market
Global Cloud Project Portfolio Management Market is expected to rise from its initial estimated value of USD 3.46 billion in 2018 to an estimated value of USD 9.89 billion by 2026, registering a CAGR of 14.00% in the forecast period of 2019-2026.
This rise in market value can be attributed to the rise in security and privacy concerns among various enterprises
Major Market Competitors/Players: Global Cloud project portfolio management Market
Few of the major competitors currently working in the cloud project portfolio management market are- Broadcom (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Changepoint Corporation (Ontario), Clarizen . (U.S.), Microsoft (U.S.), MAVENLINK, INC. (U.S.), Oracle U.S.), Planisware (U.S.), ServiceNow, Inc. (U.S.), SAP SE (Germany), Upland Software, Inc (U.S.), Workfront, Inc. (U.S.), Planisware. (US). Clarizen INC. (US); Microsoft Corporation (US); InnotasInc. (us) Onepoint Projects GmbH (Austria), Celoxis Technologies Pvt. Ltd (India), amazon.com, Inc. (US).
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Market Definition: Global Cloud project portfolio management Market
The cloud project portfolio management is a complete and integrated solution which dramatically improves the way project-driven organizations work, enabling efficient and effective project management while ensuring smarter business decisions based on a single source of project truth. It is useful in various applications such as project financial management offering, project execution management offering among others. The high adoption of cloud analytics, improved business efficiencies for the SMEs among others are some of the factors boosting the growth of this market.
Segmentation: Global Cloud project portfolio management Market
- Project Management
- Portfolio Management
- Demand Management
- Resource Management
- Financial Management
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
- Banking, Financial Services, and Insurance
- Healthcare and Life Sciences
- Telecommunication and Ites
- Government and Public Sector
- Retail and Consumer Goods
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
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Key Developments in the Market:
- In October 2018, IBM Acquired Red Hat. Red Hat, Inc. which is an American multinational software company providing open-source software products, this acquisition IBM will become the leader in hybrid cloud providers.
- In January 2019, Cloudera Merged with Hortonworks. Cloudera delivers an enterprise data cloud for data. With this merger cloudera will raise the bar on innovation in the big data space, especially in supporting an end-to-end big data strategy in a hybrid and multi-cloud environment.
Competitive Analysis: Global Cloud project portfolio management Market
Global cloud project portfolio management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cloud project portfolio management market for Global, Europe, North America, Asia-Pacific and South America.
- There is increase in use of boyd and mobile devices drives the demand for cloud ppm that is expected to drive the market growth.
- Rice in adoption of cloud analytics is also to drive the market growth.
- There is increase for ROI in process manufacturing industries security is expected to drive the market growth.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
The Focus of the report:
- The study provides an in-depth analysis of the Market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast to Market on the basis of type, function and application.
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