The Project Portfolio Management Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for project portfolio management has significantly increased over recent years. It is expected to expand from $5.86 billion in 2024 to $6.26 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 6.9%.
The project portfolio management market is anticipated to expand significantly over the coming years, reaching a size of $9.66 billion in 2029. This growth represents a compound annual growth rate (CAGR) of 11.5%.
Download Your Free Sample of the 2025 Project Portfolio Management Market Report and Uncover Key Trends Now!The key drivers in the project portfolio management market are:
• Rise of hybrid work models fueling the need for project management tools
• Rising stakeholder expectations increasing the demand for efficient project portfolio management
• Growing cybersecurity concerns escalating the need for secure project management solutions
• Evolving regulatory landscape and focus on portfolio visibility also driving market growth.
The project portfolio management market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment: On Premises, Cloud
3) By Organization Size: Large Enterprises, SMEs
4) By Application: Project Management, Portfolio Management, Demand Management, Resource Management, Financial Management, Other Applications
5) By Vertical: Energy And Utilities, Government And Defense, IT And Telecom, Banking, Financial Services And Insurance, Manufacturing, Healthcare And Lifesciences, Consumer Goods And Retail, Other Verticals
The key trends in the project portfolio management market are:
• The shift towards cloud-based Project Portfolio Management (PPM) solutions is an emerging trend.
• Agile and hybrid project management approaches are increasingly shaping the PPM market.
• AI-driven predictive analytics is becoming a key trend in the field.
• There is a growing trend of integration with collaboration platforms in PPM.
Major companies in the project portfolio management market are:
• Broadcom Inc.
• Celoxis Technologies Pvt. Ltd.
• Wrike Inc.
• HP Development Company L.P.
• ServiceNow Inc.
• Planview Inc.
• Planisware S.A.S.
• Microsoft Corporation
• Oracle Corporation
• Workfront Inc.
• SAP SE
• Logic Software Inc
• ProductDossier Solution
• Sopheon Corporation.
• Cerri.com AG.
• Keyedin Inc.
• Atlassian Corporation PLC
• Upland Software Inc.
• Clarizen Inc.
• Sciforma Corporation
• Changepoint Corporation
• Mavenlink Inc.
• Project Objects Solutions Limited
• Innotas a Planview company
• Genius Project
• Deltek Inc.
• One2Team
• ProSymmetry Inc.
• Project Insight Inc.
• Meisterplan Inc.
North America was the largest region in the project portfolio management market share in 2024