Global Project Portfolio Management and Analytics Market 2016-2020

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

• Americas
• APAC
• EMEA