Project management systems (world market)
In 2010-2012 the world market of project management systems showed healthy growth: though implementation of PPM remains a prerogative of mature business, from year to year the number of customers of such systems increases. At the moment the lion share of implementations of the project management systems is the share of North America and Western Europe. The directory of project management systems is available on TAdviser
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2012
The world market of project management systems and portfolio (PPM) reached of $1.65 mdrd in 2012 that for 11% it is higher than 2011 when it equaled $1.48 billion, according to Gartner Gartner Says Project and Portfolio Management Software Market Grew 11 Percent in 2012 analytical company[1] of May, 2013.
Laurie Wurster, the research director of Gartner, noted that the market of PPM systems shows growth the third year in a row despite global economic difficulties, decrease in IT of budgets and other problems affecting the market of ICT in general.
In the world market of PPM systems in 2012 the high activity of vendors in respect of establishment of partnership and also absorption, gains of offers and development of delivery patterns was noted, first of all SaaS, besides, took place a set of releases of new products.
As for the strongest suppliers, in 2012 nearly 50% of the market of PPM systems in terms of money were the share of the first five of vendors, on the first place the Oracle company with revenue in $381 million was fixed, the positions the vendor strengthened purchase in November, 2012 Instantis developer. On the second place the Microsoft corporation, whose revenue in the market of PPM grew by 10% to $252 million, on the third place of CA Technologies whose revenue grew by 7% to $157 million. Close top five of Planview and HP.
Top-5 vendors in the world market of PPM on total revenue, $ one million
Vendor | Revenue of 2012 | Market share 2012, % | Revenue of 2011 | Growth 2011-2012, % | |
1 | 381,2 | 23 | 345,5 | 10 | |
2 | 252,3 | 15 | 229,6 | 10 | |
3 | 157,5 | 10 | 147,4 | 7 | |
4 | 90,4 | 6 | 84,9 | 7 | |
5 | 73,4 | 4 | 64,4 | 14 | |
Others | 696,2 | 42 | 613,7 | 13,4 | |
In total | 1651 | 100 | 1485,9 | 11 |
Gartner, 2013
Gartner notes that shifts in the first three of vendors are possible only if someone from them purchases a significant asset. On the organic growth of players which could lead to change of market shares from 6 to 10 years can be required. The greatest dynamics of business is noted at the same time in group of vendors of PPM systems with an annual income from $30 million to $60 million. Accurate strategy, participation in affiliate programs and distribution of influence outside North America and Western Europe are for them key factors of success.
The markets of North America and Western Europe at the same time are the main consumers of project management systems: 90% of turnover of all world vendors of PPM are the share of them. Though growth of the market in 2012 was 10% and 6.3% respectively here, the profitable base is rather high here. The two-digit growth rate shows the market of Eastern Europe
See Also
Questions of project and process management