Project Portfolio Management Market Size

Project Portfolio Management Market size was over USD 5.73 billion in 2024 and is anticipated to reach USD 26.8 billion by the end of 2037, growing at around 12.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of project portfolio management is assessed at USD 6.31 billion.

The market is predicted to experience significant growth due to the increasing adoption of business process automation. More and more businesses are relying on automated processes, such as automated order entry, email automation, batch processing, file transfer, and report generation and distribution. Additionally, approximately 66% of businesses have already automated at least one of their processes.

Moreover, as the business landscape continues to evolve, there is an increasing need for cloud-based software across various industries. In particular, the demand for cloud-based project management solutions is on the rise. This trend may accelerate the adoption of cloud technology for portfolio management solutions as well, leading to more robust revenue growth in the overall market.