The US market dominated the North America Project Portfolio Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.47 billion by 2031. The Canada market is experiencing a CAGR of 13.9% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 13.1% during 2024-2031.
Companies are increasingly focusing on aligning their projects with strategic business goals. PPM solutions help prioritize projects based on alignment with the company’s vision, financial health, and market opportunities. This ensures that the right projects receive attention and resources, improving business outcomes.
PPM offers numerous benefits that help organizations optimize their project delivery. PPM allows managers to track the performance of individual projects within a portfolio. Key performance indicators (KPIs), such as project completion timelines, resource utilization, and return on investment (ROI), are monitored to ensure that projects stay on track and deliver the expected outcomes.
The market in Canada and Mexico is poised for growth, driven by significant developments in the construction and telecommunications sectors. Both countries are witnessing substantial investments and expansions within these industries, creating a need for effective project management solutions to streamline operations, optimize resource allocation, and ensure the successful execution of large-scale initiatives.
List of Key Companies Profiled
- Broadcom, Inc.
- Celoxis Technologies Pvt. Ltd.
- Planview, Inc.
- HP Inc.
- ServiceNow, Inc.
- Oracle Corporation
- Microsoft Corporation
- Oracle Corporation
- Adobe, Inc.
- SAP SE
Market Report Segmentation
By Platform
- Software
- Services
- Support & Consulting
- Integration & Deployment
- Training & Education
By Solution
- Information technology
- New product development
- Other Solution
By Enterprise Size
- Large enterprises
- Small & medium Enterprises
By Deployment
- Cloud
- On-premise
By Application
- IT & Telecom
- BFSI
- Government
- Engineering & Construction
- Healthcare
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- Broadcom, Inc.
- Celoxis Technologies Pvt. Ltd.
- Planview, Inc.
- HP Inc.
- ServiceNow, Inc.
- Oracle Corporation
- Microsoft Corporation
- Oracle Corporation
- Adobe, Inc.
- SAP SE
Methodology
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