Market Share for Project Portfolio Management
The market is fragmented, with the presence of several major players. This is because depending on industry, enterprise type, and project portfolio size, a wide array of PPM solutions is available with small and large IT vendors. Additionally, there is no standardization in the protocols for these solutions, which lowers entry barriers for new, local companies. The growing acceptance of cloud-based software has made market penetration easier for emerging companies and startups. In recent years, the players have been involved in various market strategies, such as client wins, acquisitions, product launches, and product innovations, in order to stay ahead of their competitors.
Key Project Portfolio Management Solution Providers:
- Oracle Corporation
- Planview Inc.
- Broadcom Inc.
- SAP SE
- Microsoft Corporation
- Hexagon AB
- ServiceNow
- Upland Software Inc.
- Open Text Corporation
- Hewlett-Packard Enterprise Development LP
- Atlassian Corporation Plc
- Celoxis Technologies Pvt. Ltd.