The global PPM and IT governance market is forecast to grow at a CAGR of 11.44% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One of the key trends for market growth will be emergence of augmented reality. Information management is one of the key aspects of project management. Project managers often have to collect and analyze lot of information about ongoing projects for their scheduled completion.
Virtual reality solutions, such as augmented reality, are gradually finding their way in project management systems. At present, augmented reality technologies have been used in construction-related projects to visualize the projects status in a real time environment. Augmented reality devices and applications provide real time information in the form of text and 3D or 4D images about on-going real-estate projects. Augmented reality solutions can also be used for information management of a portfolio of various projects.
According to the report, increased adoption of risk management practices will be a key driver for market growth. Risk management practices identify possible threats that may hamper the successful completion of projects.
The use of risk management planning techniques helps organizations control negative outcomes in the entire development life cycle of projects. Some of the common risks during the project development phase include high opportunity costs, lack of project visibility, unexpected project delays, and sub-par leadership and governance.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- CA Technologies
- EPM Live
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by IT deployment model
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/phvbgx/global_ppm_and_it
Related Topics: IT Security
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