Cloud Project Portfolio Management Market – Global Industry Analysis and Forecast (2023-2029)

CAGR of the Cloud Project Portfolio Management Market is expected to be 14.3% during the forecast period and the market size is expected to reach nearly US$ 14.76 billion by 2029. The global Cloud Project Portfolio Management market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Cloud Project Portfolio Management report also provides trends by market segments, technology, and investment with a competitive landscape.

Cloud Project Portfolio Management Market Overview :

Applications that automate and optimize the initiating, planning/scheduling, allocation, tracking, and measurement of activities and resources needed to complete projects are known as project and portfolio management (PPM) applications. Certain aspects of IT service management, especially that involving project portfolio management within the IT domain, are also covered by PPM applications.Cloud Project Portfolio Management MarketTo know about the Research Methodology :- Request Free Sample Report Cloud PPM, which combines cloud and PPM and aids in collaborative planning, scheduling, and quicker and more efficient decision-making is rapidly gaining traction.

Cloud Project Portfolio Management Market Dynamics:

The shift toward cloud-based solutions, increased demand for bring your own device (BYOD), and organizations' expectation of achieving a faster return on investment (ROI) are the factors expected to drive the market growth during the forecast period. Furthermore, factors such as enterprise mobility, ease of access, and real-time collaboration of geographically dispersed business units has aided the growth of the BYOD trend. Because mobile accessibility keeps the project team informed of tasks and updates, it is regarded as one of the factors driving the growth of the cloud PPM market. However, cloud PPM security and privacy concerns are expected to impede the market growth. Cloud-based project portfolio management software automates processes to maximize output by managing resources and following up regularly. Furthermore, implementing this software on a large scale in online project management boosts productivity and sales. Several enterprises are currently deploying cloud-based project portfolio management software to provide people with access to documents, data, and reports from multiple devices in multiple locations. With all data accessible centrally by a large number of users, the system's accountability will improve. This will give businesses an instant overview of what everyone is working on.

Segment Analysis:

Based on the type, the Cloud Project Portfolio Management market is segmented into public cloud, private cloud, and hybrid cloud. The public implementation model had the largest market share, and it is expected to continue its dominance over the forecast period. The ease of use and fast deployment of the public cloud are the primary reasons for its widespread adoption. Enterprises benefit from the public cloud application model because of its scalability, stability, availability, and remote access. The cloud is a public service. Enterprises that faceless regulatory barriers and can outsource their storage facilities entirely or partly prefer the public cloud implementation model. Since data protection is a major concern with the public cloud, many businesses are opting for private and hybrid cloud storage solutions.

Regional Insights:

The market in the United States is estimated to be worth the US $1 billion, while China is expected to develop at a 13.2 percent compound annual growth rate (CAGR). In the United States, the cloud project portfolio management market is expected to reach the US $1 billion by 2022. China, the world's second-largest economy, is expected to hit a projected market size of US $1.6 billion by 2029, with a CAGR of 12.2 % between 2022 and 2029. Japan and Canada is two other notable geographic markets, with forecasted growth rates of 10.9 % and 11.3 %, respectively, from 2022 to 2029. Germany is expected to rise at a CAGR of about 10.2 % in Europe. The objective of the report is to present a comprehensive analysis of the Global Cloud Project Portfolio Management Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Cloud Project Portfolio Management Market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players By Application, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.

Cloud Project Portfolio Management Market Scope: Inquire before buying

Global Cloud Project Portfolio Management Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.79 Bn.
Forecast Period 2023 to 2029 CAGR: 14.3% Market Size in 2029: US $ 14.76Bn.
Segments Covered: by Application Portfolio Management Demand Management Project Management Resource Management Financial Management Others
by Deployment Model Public Cloud Private Cloud Hybrid Cloud
by Vertical BFSI Healthcare Telecommunication Manufacturing Government & Public Sectors Retail & Consumer Goods Others

Cloud Project Portfolio Management Market, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Cloud Project Portfolio Management Market Key Players

1. CA Technologies 2. HPE 3. Changepoint Corporation 4. Clarizen, Inc. 5. SAP SE 6. Upland Software 7. Workfront, Inc. 8. Microsoft Corporation 9. Mavenlink 10. Oracle Corporation 11. Planisware 12. ServiceNow, Inc. 13. Onepoint Projects GmbH 14. Infosys Limited 15. Cognizant 16. Wipro Limited 17. Broadcom 18. Hewlett Packard Enterprise Development LP 19. Planview, Inc. 20. Celoxis Technologies Pvt. Ltd. 21. Amazon Web Services, Inc. 22. IBM 23. Workfront Frequently Asked Questions: 1. Which region has the largest share in Global Cloud Project Portfolio Management Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Cloud Project Portfolio Management Market? Ans: The Global market is growing at a CAGR of 14.3% during forecasting period 2023-2029. 3. What is scope of the Global Cloud Project Portfolio Management market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global market are – Changepoint Corporation, Clarizen, Inc., SAP SE, Upland Software, Workfront, Inc., Microsoft Corporation, Mavenlink, Oracle Corporation, Planisware, ServiceNow, Inc., Onepoint Projects GmbH, Infosys Limited, Cognizant, Wipro Limited, Broadcom, Hewlett Packard Enterprise Development LP, Planview, Inc., Celoxis Technologies Pvt. Ltd., Amazon Web Services, Inc., IBM, and Workfront 5. What is the study period of this market? Ans: The Global market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Cloud Project Portfolio Management Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Cloud Project Portfolio Management Market 3.4. Geographical Snapshot of the Cloud Project Portfolio Management Market, By Manufacturer share 4. Global Cloud Project Portfolio Management Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Cloud Project Portfolio Management Market 5. Supply Side and Demand Side Indicators 6. Global Cloud Project Portfolio Management Market Analysis and Forecast, 2022-2029 6.1. Global Cloud Project Portfolio Management Market Size & Y-o-Y Growth Analysis. 7. Global Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.1.1. Portfolio Management 7.1.2. Demand Management 7.1.3. Project Management 7.1.4. Resource Management 7.1.5. Financial Management 7.1.6. Others 7.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 7.2.1. Public Cloud 7.2.2. Private Cloud 7.2.3. Hybrid Cloud 7.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 7.3.1. BFSI 7.3.2. Healthcare 7.3.3. Telecommunication 7.3.4. Manufacturing 7.3.5. Government & Public Sectors 7.3.6. Retail & Consumer Goods 7.3.7. Others 8. Global Cloud Project Portfolio Management Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.1.1. Portfolio Management 9.1.2. Demand Management 9.1.3. Project Management 9.1.4. Resource Management 9.1.5. Financial Management 9.1.6. Others 9.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 9.2.1. Public Cloud 9.2.2. Private Cloud 9.2.3. Hybrid Cloud 9.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 9.3.1. BFSI 9.3.2. Healthcare 9.3.3. Telecommunication 9.3.4. Manufacturing 9.3.5. Government & Public Sectors 9.3.6. Retail & Consumer Goods 9.3.7. Others 10. North America Cloud Project Portfolio Management Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 12. Canada Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 13. Mexico Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 14. Europe Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 15. Europe Cloud Project Portfolio Management Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 17. France Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 18. Germany Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 19. Italy Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 20. Spain Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 21. Sweden Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 22. CIS Countries Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 23. Rest of Europe Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 24. Asia Pacific Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 25. Asia Pacific Cloud Project Portfolio Management Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 27. India Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 28. Japan Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 29. South Korea Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 30. Australia Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 31. ASEAN Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 32. Rest of Asia Pacific Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 33. Middle East Africa Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 34. Middle East Africa Cloud Project Portfolio Management Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 36. GCC Countries Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 37. Egypt Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 38. Nigeria Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 39. Rest of ME&A Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 40. South America Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 41. South America Cloud Project Portfolio Management Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 43. Argentina Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 44. Rest of South America Cloud Project Portfolio Management Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Deployment Model, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Vertical, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Cloud Project Portfolio Management Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. CA Technologies 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. HPE 45.3.3. Changepoint Corporation 45.3.4. Clarizen, Inc. 45.3.5. SAP SE 45.3.6. Upland Software 45.3.7. Workfront, Inc. 45.3.8. Microsoft Corporation 45.3.9. Mavenlink 45.3.10. Oracle Corporation 45.3.11. Planisware 45.3.12. ServiceNow, Inc. 45.3.13. Onepoint Projects GmbH 45.3.14. Infosys Limited 45.3.15. Cognizant 45.3.16. Wipro Limited 45.3.17. Broadcom 45.3.18. Hewlett Packard Enterprise Development LP 45.3.19. Planview, Inc. 45.3.20. Celoxis Technologies Pvt. Ltd. 45.3.21. Amazon Web Services, Inc. 45.3.22. IBM 45.3.23. Workfront 46. Primary Key Insights
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