PPM and IT Governance Market size is estimated to be USD 6.5 Billion in 2024 and is expected to reach USD 12.1 Billion by 2033 at a CAGR of 7.5% from 2026 to 2033.
The global Project Portfolio Management (PPM) and IT Governance market was valued at approximately USD 8.47 billion in 2022, with a projected compound annual growth rate (CAGR) of 12.8% from 2023 to 2030. North America dominated the market, holding the largest share of over 40% in 2022, driven by the increasing adoption of digital transformation initiatives, robust IT infrastructure, and the presence of major technology vendors. The European market followed closely behind, contributing around 25% of the global market share. Rapid developments in IT governance frameworks, as well as an emphasis on regulatory compliance, are expected to drive demand for PPM and IT governance solutions in the region. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, with a CAGR of 15.2%, as organizations in emerging markets are focusing on improving project management processes and IT governance to support expanding business operations and digital innovations.
In terms of opportunities, the rising trend of cloud based PPM and IT governance solutions is expected to propel market growth, particularly in developing economies. The increasing need for enterprises to streamline project execution and manage risk effectively presents an attractive opportunity for market players. Latin America and the Middle East & Africa are expected to emerge as profitable regions, with significant investments in IT infrastructure and a growing focus on optimizing operational efficiency through advanced governance frameworks. The market is also set to benefit from the increasing regulatory requirements in various industries, pushing organizations to adopt stronger governance practices, leading to increased demand for PPM and IT governance solutions across multiple regions.
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CA Technologies
HPE
Microsoft
Oracle
Planview
AtTask
Clarizen
Changepoint
Daptiv
EPM Live
GenSight
InLoox
INNOTAS
Leankit
Planisware
SAP
Sciforma
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PPM and IT Governance Market
Project Management Software
Project Portfolio Management (PPM) Services
Project Portfolio Management (PPM) Solutions
Cloud-based PPM Solutions
On-Premise PPM Solutions
Cloud-based Deployment
On-Premise Deployment
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
IT and Telecommunications
Construction
Healthcare
Energy and Utilities
Manufacturing
Banking, Financial Services, and Insurance (BFSI)
Retail
Government and Public Sector
Education
IT Governance, Risk, and Compliance (GRC) Solutions
IT Governance Frameworks
IT Governance Services
Risk Management and Compliance
Cybersecurity Governance
Data Privacy and Protection Solutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PPM and IT Governance Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PPM and IT Governance Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PPM and IT Governance Market, By Type
6. Global PPM and IT Governance Market, By Application
7. Global PPM and IT Governance Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global PPM and IT Governance Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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