““Rising Bring Your Own Device (BYOD) trend among businesses to drive the PPM market”
The Project Portfolio Management (PPM) market size is expected to grow from USD 2.52 billion in 2015 to USD 4.63 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 12.9%.
Increasing complexities in projects, increasing BYOD trends at work, and growing popularity of cloud-based PPM solutions are some of the factors driving this market. The other factor driving the growth of the PPM market is the increase in business optimization needs. Furthermore, the market is expected to be driven by opportunities such as social media integration with PPM and the growing demand for a more agile project management.
“Large enterprises segment is estimated to hold the largest market share during the forecast period”
PPM solutions are highly adopted by large enterprises and this segment is expected to witness huge growth potential due to increasing project handling needs and proliferation of PPM mobile applications. Clarizen, Oracle, Planview, NetSuite Ope Air, Daptiv LLC, EPM Live, and others are active providers of PPM solutions to large businesses.
“North America will continue to hold the largest market share during the forecast period”
In terms of regions, the PPM market is segmented into five major regional segments, namely, North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA). Out of the five major regions, APAC is likely to lead the market in terms of market growth, followed by MEA. North America constitutes the largest market for PPM software in terms of market size, owing to the fact that this software solution has already penetrated this region. Countries such as the U.S., Canada, and Mexico are the major contributors of growth in this region. Companies in this market are open to various partnerships, collaborations, mergers, and acquisitions to enrich their product line.
Breakdown of Primaries:
Distribution of primary interviews is as follows:
By Company: Tier 1- 55%, Tier2-20%, and Tier 3-25%
By Designation: C-Level-60%, Director Level-25%, and Others*-15%
By Region: North America-10%, Europe-20%, Asia-Pacific-40%, and RoW-30%
Note: *Others include sales managers, marketing managers, and product managers
The tier of the companies is defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 =
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 14
1.3.1 MARKET COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.3.1 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE PPM MARKET 30
4.2 PPM MARKET: TECHNOLOGICAL SHIFT 30
4.3 PPM MARKET, BY INDUSTRY VERTICAL AND BY REGION 31
4.4 GLOBAL PPM MARKET SIZE, BY END USER, 2020 31
4.5 LIFECYCLE ANALYSIS, BY REGION, 2015 32
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 34
5.2 MARKET SEGMENTATION 34
5.2.1 BY PLATFORM TYPE 34
5.2.2 BY DEPLOYMENT TYPE 35
5.2.3 BY END USER 35
5.2.4 BY BUSINESS SOLUTION 35
5.2.5 BY INDUSTRY VERTICAL 36
5.2.6 BY REGION 36
5.3 MARKET DYNAMICS 37
5.3.1 DRIVERS 38
5.3.1.1 Escalating BYOD trend among businesses 38
5.3.1.2 Increasing business optimization needs 38
5.3.1.3 Growing shift toward cloud-based software solutions 38
5.3.1.4 Rising complexities within projects 38
5.3.2 RESTRAINTS 39
5.3.2.1 Prevalent concerns about deployment and usage 39
5.3.2.2 Predominant security concerns related to SaaS-based PPM solutions 40
5.3.3 OPPORTUNITIES 40
5.3.3.1 Social media integration with PPM 40
5.3.3.2 Growing demand for more agile project management 41
5.3.4 CHALLENGES 41
5.3.4.1 Proper blending of traditional and agile methodologies 41
6 INDUSTRY TRENDS 42
6.1 INTRODUCTION 42
6.2 VALUE CHAIN ANALYSIS 42
6.3 PORTER’S FIVE FORCES ANALYSIS 44
6.3.1 THREAT OF NEW ENTRANTS 44
6.3.2 THREAT OF SUBSTITUTES 45
6.3.3 BARGAINING POWER OF SUPPLIERS 45
6.3.4 BARGAINING POWER OF BUYERS 45
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 46
7 PROJECT PORTFOLIO MANAGEMENT MARKET ANALYSIS, BY PLATFORM TYPE 47
7.1 INTRODUCTION 48
7.2 SOFTWARE 49
7.3 SERVICES 50
7.3.1 INTEGRATION AND DEPLOYMENT 51
7.3.2 SUPPORT AND CONSULTING 52
7.3.3 TRAINING AND EDUCATION 53
8 PPM MARKET ANALYSIS, BY DEPLOYMENT TYPE 54
8.1 INTRODUCTION 55
8.2 CLOUD 56
8.3 ON-PREMISES 57
9 PPM MARKET ANALYSIS, BY END USER 59
9.1 INTRODUCTION 60
9.2 SMALL AND MEDIUM SIZE ENTERPRISE (SME) 61
9.3 LARGE ENTERPRISE 62
10 PPM MARKET ANALYSIS, BY BUSINESS SOLUTION 63
10.1 INTRODUCTION 64
10.2 INFORMATION TECHNOLOGY (IT) SOLUTION 65
10.3 NEW PRODUCT DEVELOPMENT (NPD) SOLUTION 66
10.4 PROFESSIONAL SERVICES 67
10.5 OTHERS 68
11 PPM MARKET ANALYSIS, BY INDUSTRY VERTICAL 69
11.1 INTRODUCTION 70
11.2 GOVERNMENT AND UTILITIES 71
11.3 BFSI 72
11.4 HEALTHCARE AND PHARMACEUTICAL 72
11.5 ENGINEERING AND CONSTRUCTION 73
11.6 ENERGY AND POWER 74
11.7 IT AND TELECOM 75
11.8 RETAIL 76
11.9 MANUFACTURING 77
11.10 OTHERS 78
12 GEOGRAPHIC ANALYSIS 79
12.1 INTRODUCTION 80
12.2 NORTH AMERICA 82
12.3 EUROPE 86
12.4 ASIA-PACIFIC (APAC) 89
12.5 MIDDLE EAST AND AFRICA (MEA) 92
12.6 LATIN AMERICA 95
13 COMPETITIVE LANDSCAPE 98
13.1 OVERVIEW 98
13.2 COMPETITIVE SITUATION AND TRENDS 99
13.2.1 NEW PRODUCT LAUNCHES 101
13.2.2 PARTNERSHIPS 102
13.2.3 MERGERS AND ACQUISITIONS 103
14 COMPANY PROFILES 104
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
14.1 INTRODUCTION 104
14.2 CA TECHNOLOGIES 105
14.3 HEWLETT-PACKARD (HP) 109
14.4 MICROSOFT CORPORATION 112
14.5 ORACLE CORPORATION 115
14.6 SAP SE 119
14.7 WORKFRONT, INC. 122
14.8 PLANVIEW 125
14.9 CHANGEPOINT CORPORATION 128
14.10 INNOTAS 129
14.11 PLANISWARE 132
14.12 CELOXIS TECHNOLOGIES 134
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
15 APPENDIX 138
15.1 OTHER RECENT DEVELOPMENTS 138
15.2 INSIGHTS OF INDUSTRY EXPERTS 139
15.3 DISCUSSION GUIDE 140
15.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 143
15.5 AVAILABLE CUSTOMIZATIONS 145
15.6 RELATED REPORTS 146
“
“LIST OF FIGURES
FIGURE 1 GLOBAL PPM MARKET: RESEARCH DESIGN 17
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
AND REGION 21
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 5 MARKET BREAKDOWN DATA TRIANGULATION APPROACH 24
FIGURE 6 PPM MARKET: ASSUMPTIONS 25
FIGURE 7 INTEGRATION AND DEPLOYMENT EXPECTED TO HAVE THE LARGEST SIZE IN THE PPM MARKET IN 2015 27
FIGURE 8 IT PPM SHOWS LUCRATIVE GROWTH OPPORTUNITIES DURING THE FORECAST PERIOD 28
FIGURE 9 ASIA-PACIFIC REGION HAS HUGE POTENTIAL TO GROW SUBSTANTIALLY DURING THE FORECAST PERIOD 28
FIGURE 10 HIGH GROWTH IS EXPECTED IN THE PPM MARKET DUE TO INCREASING COMPLEXITIES IN PROJECTS AND TREND OF WORKFORCE MOBILITY AT WORKPLACE 30
FIGURE 11 SIGNIFICANT SHIFT FROM ON-PREMISES TO CLOUD SOLUTIONS IS EXPECTED DURING THE FORECAST PERIOD 30
FIGURE 12 BFSI WILL DOMINATE THE PPM MARKET, 2015 31
FIGURE 13 THE PPM MARKET IS QUITE PROMISING FOR SMALL AND MEDIUM SIZE ENTERPRISES IN THE NEXT 5 YEARS 31
FIGURE 14 ASIA-PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 32
FIGURE 15 PPM MARKET SEGMENTATION: BY PLATFORM TYPE 34
FIGURE 16 PPM MARKET SEGMENTATION: BY DEPLOYMENT TYPE 35
FIGURE 17 PPM MARKET SEGMENTATION: BY END USER 35
FIGURE 18 PPM MARKET SEGMENTATION: BY BUSINESS SOLUTION 35
FIGURE 19 PPM MARKET SEGMENTATION: BY INDUSTRY VERTICAL 36
FIGURE 20 PPM MARKET SEGMENTATION: BY REGION 36
FIGURE 21 PPM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 37
FIGURE 22 VALUE CHAIN ANALYSIS (2015): MAJOR ROLE PLAYED BY PPM SOFTWARE PROVIDERS 42
FIGURE 23 PORTER’S FIVE FORCES ANALYSIS (2015) 44
FIGURE 24 SERVICE SEGMENT IS EXPECTED TO GAIN SIGNIFICANT TRACTION DURING THE FORECAST PERIOD 48
FIGURE 25 INTEGRATION AND DEPLOYMENT SERVICES ARE EXPECTED TO DOMINATE THE PPM MARKET DURING THE FORECAST PERIOD 50
FIGURE 26 CLOUD DEPLOYMENT IS EXPECTED TO GROW MORE THAN TWO-FOLD BY 2020 55
FIGURE 27 LARGE ENTERPRISES EXPECTED TO HAVE THE LARGEST MARKET SIZE IN THE PPM MARKET DURING THE FORECAST PERIOD 60
FIGURE 28 PPM MARKET SIZE, BY BUSINESS SOLUTION (2015 VS 2020): IT SOLUTION IS EXPECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 64
FIGURE 29 PPM MARKET SIZE, BY INDUSTRY VERTICAL (2015 VS 2020): BFSI IS EXPECTED TO LEAD THE MARKET BY 2020 70
FIGURE 30 NORTH AMERICA EXPECTED TO HAVE THE LARGEST MARKET SIZE IN THE PPM MARKET DURING THE FORECAST PERIOD 80
FIGURE 31 GEOGRAPHIC SNAPSHOT: ASIA-PACIFIC IS EMERGING AS A NEW HOTSPOT IN THE PPM MARKET 81
FIGURE 32 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET IN THE PPM MARKET,
BY END USER 82
FIGURE 33 NORTH AMERICA MARKET SNAPSHOT: INCREASED TRACTION AMONG END USERS EXPECTED TO DRIVE THE MARKET 83
FIGURE 34 ASIA-PACIFIC MARKET SNAPSHOT: INCREASED TRACTION AMONG GROWING ECONOMIES IS EXPECTED TO DRIVE THE MARKET 89
FIGURE 35 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY BETWEEN 2013 AND 2015 98
FIGURE 36 MARKET EVALUATION FRAMEWORK 99
FIGURE 37 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES AND PARTNERSHIPS WERE THE KEY STRATEGIES 100
FIGURE 38 GEOGRAPHIC REVENUE MIX OF TOP 4 MARKET PLAYERS 104
FIGURE 39 CA TECHNOLOGIES: COMPANY SNAPSHOT 105
FIGURE 40 CA TECHNOLOGIES: SWOT ANALYSIS 108
FIGURE 41 HEWLETT-PACKARD: COMPANY SNAPSHOT 109
FIGURE 42 HEWLETT-PACKARD: SWOT ANALYSIS 111
FIGURE 43 MICROSOFT CORPORATION: COMPANY SNAPSHOT 112
FIGURE 44 MICROSOFT CORPORATION: SWOT ANALYSIS 114
FIGURE 45 ORACLE CORPORATION: COMPANY SNAPSHOT 115
FIGURE 46 ORACLE CORPORATION: SWOT ANALYSIS 118
FIGURE 47 SAP SE: COMPANY SNAPSHOT 119
FIGURE 48 SAP SE: SWOT ANALYSIS 121
FIGURE 49 CELOXIS TECHNOLOGIES: COMPANY SNAPSHOT 134
“
