North America Project Portfolio Management Market Size, Share & Trends Analysis Report By Platform (Software, and Services), By Solution, By Enterprise Size, By Deployment (Cloud, and On-premise), By Application, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The North America Project Portfolio Management Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Project Portfolio Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,476.9 million by 2031. The Canada market is experiencing a CAGR of 13.9% during (2024 - 2031). Additionally, The Mexico market would 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.

Free Valuable Insights: The Project Portfolio Management Market is Predict to reach USD 12.59 Billion by 2031, at a CAGR of 12.1%

Based on Platform, the market is segmented into Software, and Services (Support & Consulting, Integration & Deployment, and Training & Education). Based on Solution, the market is segmented into Information technology, New product development, and Other Solution. Based on Enterprise Size, the market is segmented into Large enterprises, and Small & medium Enterprises. Based on Deployment, the market is segmented into Cloud, and On-premise. Based on Application, the market is segmented into IT & Telecom, BFSI, Government, Engineering & Construction, Healthcare, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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

North America Project Portfolio Management 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