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Cloud Project Portfolio Management Market Focus on Value-Added Medicines / Supergenerics, 2021-2030

Kenneth Research, in its repository of market research reports, have recently added a report on Cloud Project Portfolio Management Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021 2025. The Cloud Project Portfolio Management Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2025.

The global cloud project portfolio management market was valued at USD 2.90 billion in 2016 and is projected to reach USD 9.58 billion by 2025, growing at a CAGR of 14.20% from 2017 to 2025.

Market Definition:
Project Portfolio Management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices to analyze and collectively manage current or proposed projects based on numerous key characteristics. The objectives of Cloud PPM are to determine the optimal resource mix for delivery and to schedule activities to achieve an organization’s operational and financial goals, and provide all the facilities of cloud to the project portfolio management.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Growing BYOD trend among enterprises
1.2 Demand for cloud-based analytics

2. Market Restraints
2.1 Security threats involved in cloud-based platforms

Market Segmentation:
The global cloud project portfolio management market is segmented on the basis of platform, deployment model, verticals, organization size, application and region.
1. By Platform:
1.1 Software
1.2 Services
1.2.1 Training and Education
1.2.2 Integration and Deployment
1.2.3 Support and Consulting

2. By Deployment Model:
2.1 Private Cloud
2.2 Public Cloud
2.3 Hybrid Cloud

3. By Vertical:
3.1 Healthcare and life sciences
3.2 Manufacturing
3.3 Retail and consumer goods
3.4 Banking, Financial Services, and Insurance
3.5 Telecommunication and ITES
3.6 Government and public sector
3.7 Others

4. By Organization Size:
4.1 Large Companies
4.2 Mid-sized Companies
4.3 Small Companies

5. By Application:
5.1 Portfolio management
5.2 Demand management
5.3 Project management
5.4 Resource management
5.5 Financial management
5.6 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Rest of the World

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Competitive Landscape:
The major players in the market are as follows:
1. Oracle
2. Hewlett Packard Enterprise
3. SAP SE
4. Changepoint Corporation
5. Upland Software Inc.
6. Clarizen Inc.
7. Workfront Inc.
8. Microsoft Corporation
9. Plainview
10. Mavenlink
11. Servicenow Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the cloud project portfolio management market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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