Market Share of United States Project Portfolio Management Industry
The United States Project Portfolio Management Market is moderately competitive and consists of several major players such as Oracle Corporation, ServiceNow Inc., Microsoft Corporation, Atlassian Corporation PLC, Asana Inc., SAP SE, Monday.com, etc. In terms of market share, few major players currently dominate the market. However, with innovations and technological advancements, many companies are increasing their market presence through organic and inorganic growth strategies and tapping new markets. Some of the recent developments in the market are:
- April 2022, Proggio received an investment of USD 7 million in series A funding led by a US-based 2.0 Ventures. Management and its existing investor Mangrove Capital Partners participated in the series A funding to help the company accelerate its expansion and operation in the United States.
- February 2022, Teleo Capital Management, a Boise , Idhao based private equity firm, acquired Western Principles, a canada based project portfolio management software consultancy. Western Principles work with public and private sector client for the implementation of Microsft's PPM solution and also implementes UMT360 strategic portfolio managment software.
US Project Portfolio Management Market Leaders
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Oracle Corporation
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ServiceNow Inc.
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Microsoft Corporation
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Atlassian Corporation PLC
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SAP SE
*Disclaimer: Major Players sorted in no particular order
