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GCC Project Portfolio Management Software Market

ID: MRFR/ICT/59523-HCR
200 Pages
Aarti Dhapte
October 2025

GCC Project Portfolio Management Software Market Research Report By Deployment Model (Cloud-based, On-premises, Hybrid), By Application (IT Project Management, Construction Project Management, Product Development, Research and Development, Event Management), By Industry (Information Technology, Manufacturing, Healthcare, Construction, Finance) and By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises)- Forecast to 2035

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GCC Project Portfolio Management Software Market Summary

As per MRFR analysis, the GCC project portfolio management software market size was estimated at 182.54 USD Million in 2024. The GCC project portfolio-management-software market is projected to grow from 197.12 USD Million in 2025 to 425.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 7.99% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The GCC project portfolio-management-software market is experiencing a transformative shift towards enhanced integration and user-centric solutions.

  • The largest segment in the GCC market is the IT and software development sector, which drives substantial demand for project portfolio management solutions.
  • The fastest-growing segment is the construction and engineering sector, reflecting a surge in project complexity and resource management needs.
  • There is an increasing demand for integration capabilities, as organizations seek to streamline workflows and enhance collaboration across platforms.
  • Key market drivers include the rising adoption of agile methodologies and the growing focus on resource optimization, which are reshaping project management practices.

Market Size & Forecast

2024 Market Size 182.54 (USD Million)
2035 Market Size 425.0 (USD Million)

Major Players

Microsoft (US), Oracle (US), SAP (DE), Atlassian (AU), Planview (US), Smartsheet (US), Wrike (US), Monday.com (IL), Clarizen (US)

GCC Project Portfolio Management Software Market Trends

The project portfolio-management-software market is currently experiencing a notable evolution, driven by the increasing need for organizations to optimize their project selection and resource allocation. In the GCC region, businesses are increasingly recognizing the value of integrating advanced software solutions to enhance decision-making processes. This trend is likely influenced by the growing complexity of projects and the necessity for real-time data analysis. As organizations strive for efficiency, the demand for software that can provide comprehensive insights into project performance and resource utilization appears to be on the rise. Moreover, the competitive landscape within the GCC is fostering innovation among software providers. Companies are focusing on developing user-friendly interfaces and customizable features to cater to diverse industry needs. This adaptability may enhance user engagement and satisfaction, potentially leading to higher adoption rates. As the market matures, it seems that collaboration tools and integration capabilities with existing systems are becoming essential features. Overall, the project portfolio-management-software market is poised for growth, reflecting the region's commitment to leveraging technology for improved project outcomes.

Increased Demand for Integration Capabilities

Organizations are increasingly seeking project portfolio-management-software that can seamlessly integrate with existing tools and systems. This trend indicates a preference for solutions that enhance interoperability, allowing for smoother workflows and improved data sharing across departments.

Focus on User Experience and Customization

There is a growing emphasis on user experience within the project portfolio-management-software market. Software providers are prioritizing intuitive designs and customizable features, which may lead to enhanced user satisfaction and increased adoption rates among diverse industries.

Emphasis on Data-Driven Decision Making

The project portfolio-management-software market is witnessing a shift towards data-driven decision making. Organizations are leveraging advanced analytics and reporting features to gain insights into project performance, which could facilitate more informed strategic planning and resource allocation.

GCC Project Portfolio Management Software Market Drivers

Emergence of Cloud-Based Solutions

The shift towards cloud-based solutions is reshaping the project portfolio-management-software market in the GCC. Organizations are increasingly adopting cloud technologies to enhance collaboration, scalability, and accessibility. Recent statistics indicate that cloud adoption in the region has grown by over 40% in the last two years, driven by the need for remote work capabilities and real-time project tracking. Cloud-based project portfolio-management software offers numerous advantages, including reduced IT infrastructure costs and improved data security. As businesses continue to embrace digital transformation, the demand for cloud-enabled project management solutions is expected to rise. This trend not only facilitates better project visibility but also supports the growing need for agile and responsive project management practices, thereby propelling growth in the project portfolio-management-software market.

Growing Focus on Resource Optimization

Resource optimization has emerged as a critical driver in the project portfolio-management-software market, particularly in the GCC. Organizations are increasingly seeking ways to maximize the efficiency of their resources, including human capital and financial investments. Recent studies indicate that companies utilizing project portfolio-management software have reported up to a 25% improvement in resource allocation efficiency. This trend is largely driven by the need to reduce operational costs while maintaining project quality. As businesses face tighter budgets and increased competition, the demand for software solutions that provide real-time insights into resource utilization is likely to rise. This focus on optimization not only enhances project delivery but also contributes to overall organizational performance, thereby propelling growth in the project portfolio-management-software market.

Rising Adoption of Agile Methodologies

The project portfolio-management-software market is experiencing a notable shift towards agile methodologies, particularly within the GCC region. Organizations are increasingly recognizing the need for flexibility and responsiveness in project management. This trend is evidenced by a reported 30% increase in the adoption of agile practices among firms in the GCC over the past year. Agile methodologies facilitate iterative development and continuous feedback, which are essential for managing complex projects effectively. As businesses strive to enhance their project outcomes, the demand for software that supports agile frameworks is likely to grow. Consequently, this shift is expected to drive innovation and competition within the project portfolio-management-software market, as vendors enhance their offerings to meet the evolving needs of agile teams.

Integration of Advanced Analytics and AI

The integration of advanced analytics and artificial intelligence (AI) is becoming a pivotal driver in the project portfolio-management-software market. Organizations in the GCC are increasingly leveraging data analytics to enhance decision-making processes and project outcomes. Recent findings suggest that companies utilizing AI-driven project management tools have experienced a 15% increase in project success rates. This trend reflects a broader movement towards data-driven strategies, where predictive analytics and machine learning algorithms are employed to optimize project planning and execution. As the demand for intelligent project management solutions grows, software providers are likely to invest in developing advanced analytics capabilities. This integration not only improves project forecasting but also enables organizations to identify potential risks and opportunities, thereby fostering growth in the project portfolio-management-software market.

Increased Regulatory Compliance Requirements

The project portfolio-management-software market is significantly influenced by the rising regulatory compliance requirements across various sectors in the GCC. As governments and regulatory bodies impose stricter guidelines, organizations are compelled to adopt software solutions that ensure compliance with industry standards. This trend is particularly evident in sectors such as construction and finance, where compliance failures can result in substantial penalties. Recent data suggests that compliance-related software investments have surged by approximately 20% in the past year. Consequently, project portfolio-management software that incorporates compliance tracking features is becoming increasingly essential. This growing need for regulatory adherence is likely to drive demand for sophisticated project management solutions that can seamlessly integrate compliance functionalities, thereby enhancing the overall value proposition of the project portfolio-management-software market.

Market Segment Insights

GCC Project Portfolio Management Software Market Segment Insights

GCC Project Portfolio Management Software Market Segment Insights

Project Portfolio Management Software Market Deployment Model Insights

Project Portfolio Management Software Market Deployment Model Insights

The Deployment Model segment of the GCC Project Portfolio Management Software Market is notable for its distinct classifications, which include Cloud-based, On-premises, and Hybrid solutions. In recent years, the region has observed a marked shift in preference towards Cloud-based solutions, primarily driven by their inherent advantages such as scalability, cost-effectiveness, and ease of access. Cloud solutions have been embraced by organizations across various sectors within the GCC as they facilitate real-time collaboration and remote project management, which has become increasingly vital given the dynamic work environments spurred by recent global events.

On-premises solutions, while still relevant, offer an alternative that appeals to organizations requiring heightened data security and control over their software environments. This model is often favored by large enterprises in sectors such as government and finance that necessitate compliance with stringent regulations. Hybrid models are gaining traction as they provide organizations the flexibility to balance between Cloud and on-premises strategies, allowing them to transition gradually while addressing specific operational needs.

The rise in remote work trends and digitization initiatives among GCC nations has fueled the adoption of varied Deployment Models, ensuring organizations can choose solutions that align with their strategic objectives.

Moreover, with the expansion of high-speed internet access and government-backed digital transformation initiatives, such as the UAE Vision 2021 and Saudi Arabia's Vision 2030, the Deployment Model segment is poised for sustained growth. Companies in the region are increasingly leveraging these technologies to improve efficiency and resource allocation, thereby enhancing their project management capabilities.

Project Portfolio Management Software Market Application Insights

Project Portfolio Management Software Market Application Insights

The Application segment of the GCC Project Portfolio Management Software Market is marked by diverse focus areas that cater to various industry needs. IT Project Management plays a crucial role, as businesses increasingly adopt digital solutions to enhance operational efficiency and streamline project execution. Construction Project Management holds significant importance due to the Gulf Cooperation Council's ongoing infrastructure projects, demonstrating a robust demand for software that can manage intricate workflows and resources effectively.Additionally, Product Development areas benefit from agile methodologies, promoting faster time-to-market and innovation, while Research and Development emphasizes the need for collaboration and data management in the region. 

Event Management also sees growth, driven by the rising number of corporate events and exhibitions in cities like Dubai and Riyadh. The overall GCC Project Portfolio Management Software Market data reflects a trend towards the integration of advanced technologies such as Artificial Intelligence and Cloud Solutions across these applications, focusing on scalability and cost efficiency.The challenges lie in ensuring data security and customization. Still, the opportunities for software that can adapt to regional regulations and distinct project requirements are substantial, pushing forward growth in this dynamic market.

Project Portfolio Management Software Market Industry Insights

Project Portfolio Management Software Market Industry Insights

The GCC Project Portfolio Management Software Market has seen a significant rise due to the evolving nature of the Industry segment, which plays a pivotal role in the market dynamics. Information Technology has emerged as a major driver, with organizations seeking advanced solutions to manage complex projects and ensure effective resource allocation. Similarly, the Manufacturing sector thrives on optimizing outputs and managing supply chains, relying heavily on project management tools for seamless operations. In Healthcare, compliance and efficiency are critical, necessitating robust project management systems to streamline processes and improve patient care delivery.

Construction continues to dominate the landscape, with the need for precise planning and execution fueling demand for these software solutions in a region known for its ongoing infrastructure projects. Lastly, the Finance industry pursues transparency and accountability, further increasing the necessity of effective project management systems to handle various portfolios. This diverse range of sectors within the Industry segment significantly contributes to the overall expansion and innovation within the GCC Project Portfolio Management Software Market, creating ample opportunities for stakeholders to enhance operational efficiencies and drive growth.

Project Portfolio Management Software Market Organization Size Insights

Project Portfolio Management Software Market Organization Size Insights

The Organization Size segment within the GCC Project Portfolio Management Software Market plays a crucial role in shaping the industry's landscape. This segment broadly includes Small Enterprises, Medium Enterprises, and Large Enterprises, each contributing uniquely to market dynamics. Small Enterprises often seek cost-effective, scalable solutions to manage their projects effectively, driving demand for user-friendly software with essential features. Medium Enterprises represent a significant portion of the market, as they tend to adopt more sophisticated project management tools that can integrate with their growing operational needs.

This class is often characterized by its transitional nature, evolving from simpler systems to more complex solutions as they grow. In contrast, Large Enterprises dominate the market, driven by their substantial budgets and need for advanced functionalities, offering an edge in project visibility and resource allocation. With the GCC region experiencing rapid infrastructural and technological advancements, companies across all organization sizes are increasingly investing in Project Portfolio Management Software to enhance efficiency, align strategic goals, and drive sustainable growth, making this segment particularly vital for overall market success.

Get more detailed insights about GCC Project Portfolio Management Software Market

Key Players and Competitive Insights

The project portfolio-management-software market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for efficient project management solutions across various sectors. Key players such as Microsoft (US), Oracle (US), and Atlassian (AU) are strategically positioned to leverage their technological advancements and extensive market reach. Microsoft (US) focuses on integrating AI capabilities into its project management tools, enhancing user experience and operational efficiency. Oracle (US), on the other hand, emphasizes cloud-based solutions, aiming to provide scalable and flexible project management options. Atlassian (AU) continues to innovate with its collaborative tools, fostering teamwork and productivity, which collectively shapes a competitive environment that prioritizes technological integration and user-centric solutions.

In terms of business tactics, companies are increasingly localizing their offerings to cater to regional needs, optimizing supply chains to enhance service delivery. The market appears moderately fragmented, with several players vying for market share, yet the influence of major companies remains substantial. This competitive structure allows for a diverse range of solutions, catering to various project management needs while fostering innovation through competition.

In October 2025, Microsoft (US) announced the launch of its new AI-driven project management tool, which aims to streamline project workflows and enhance decision-making processes. This strategic move is significant as it positions Microsoft (US) at the forefront of technological innovation in project management, potentially attracting a broader customer base seeking advanced solutions. The integration of AI is likely to redefine user expectations and set new standards within the market.

In September 2025, Oracle (US) expanded its cloud services by acquiring a leading project management software company, enhancing its portfolio and capabilities. This acquisition is indicative of Oracle's (US) commitment to strengthening its market position through strategic mergers, allowing it to offer more comprehensive solutions that meet the evolving demands of businesses. Such actions may lead to increased market consolidation, further intensifying competition.

In August 2025, Atlassian (AU) launched a new partnership with a prominent cloud service provider, aiming to enhance its software's integration capabilities. This collaboration is crucial as it enables Atlassian (AU) to offer more robust solutions that cater to the growing need for seamless interoperability among various project management tools. The partnership reflects a trend towards collaborative ecosystems, which are becoming increasingly vital in the competitive landscape.

As of November 2025, current trends in the project portfolio-management-software market include a strong emphasis on digitalization, sustainability, and AI integration. Strategic alliances are shaping the landscape, fostering innovation and enhancing service offerings. The competitive differentiation appears to be shifting from price-based competition to a focus on technological innovation, reliability, and supply chain efficiency. Companies that can effectively leverage these trends are likely to gain a competitive edge, positioning themselves as leaders in a rapidly evolving market.

Key Companies in the GCC Project Portfolio Management Software Market market include

Industry Developments

The GCC Project Portfolio Management Software Market has witnessed significant developments recently, particularly with companies like SAP, Smartsheet, and Microsoft at the forefront. In September 2023, SAP announced enhancements to its Cloud Portfolio Management solutions tailored for regional clients seeking improved project visibility and collaboration. Similarly, Smartsheet’s platform updates have been well-received within GCC countries, focusing on automating workflows and enhancing user experience. In March 2025,inSaudi Arabia, Olayan Financing Company formed a partnership with IBM Consulting to introduce the next-generation SAP digital solutions. 

This initiative involved the deployment of SAP S/4HANA, Ariba, and incorporated PPM functionalities, which enabled the oversight of asset and project portfolios across 41 legal entities. The program implemented IBM's SAP transformation methodologies to optimize project execution and governance throughout Olayan's real estate and asset portfolio. In 2025, the global digital divide is being closed as the GCC countries, including Saudi Arabia and the UAE, swiftly advance their digital transformation agendas, according to a report by the International Monetary Fund.

These initiatives are expediting the adoption of enterprise-grade project management and PPM tools to facilitate the implementation of large-scale government and infrastructure programs in accordance with the UAE's digital strategies and Vision 2030.

 

Future Outlook

GCC Project Portfolio Management Software Market Future Outlook

The project portfolio-management-software market is projected to grow at 7.99% CAGR from 2024 to 2035, driven by digital transformation, increased project complexity, and demand for resource optimization.

New opportunities lie in:

  • Integration of AI-driven analytics for enhanced decision-making
  • Development of mobile applications for real-time project tracking
  • Expansion into emerging markets with tailored solutions

By 2035, the market is expected to achieve substantial growth, reflecting evolving business needs.

Market Segmentation

GCC Project Portfolio Management Software Market Industry Outlook

  • Information Technology
  • Manufacturing
  • Healthcare
  • Construction
  • Finance

GCC Project Portfolio Management Software Market Application Outlook

  • IT Project Management
  • Construction Project Management
  • Product Development
  • Research and Development
  • Event Management

GCC Project Portfolio Management Software Market Deployment Model Outlook

  • Cloud-based
  • On-premises
  • Hybrid

GCC Project Portfolio Management Software Market Organization Size Outlook

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Report Scope

MARKET SIZE 2024 182.54(USD Million)
MARKET SIZE 2025 197.12(USD Million)
MARKET SIZE 2035 425.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.99% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled ["Microsoft (US)", "Oracle (US)", "SAP (DE)", "Atlassian (AU)", "Planview (US)", "Smartsheet (US)", "Wrike (US)", "Monday.com (IL)", "Clarizen (US)"]
Segments Covered Deployment Model, Application, Industry, Organization Size
Key Market Opportunities Integration of artificial intelligence enhances decision-making in the project portfolio-management-software market.
Key Market Dynamics Rising demand for integrated solutions drives competition in the project portfolio-management-software market across the GCC region.
Countries Covered GCC

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FAQs

What is the expected market size of the GCC Project Portfolio Management Software Market in 2024?

The GCC Project Portfolio Management Software Market is expected to be valued at 161.69 USD Million in 2024.

What is the projected market value for the GCC Project Portfolio Management Software Market by 2035?

By 2035, the market is projected to grow to 388.21 USD Million.

What is the expected CAGR for the GCC Project Portfolio Management Software Market from 2025 to 2035?

The expected CAGR for the GCC Project Portfolio Management Software Market from 2025 to 2035 is 8.288%.

Which deployment model is expected to dominate the market in 2024?

The Cloud-based deployment model is expected to dominate the market with a valuation of 70.84 USD Million in 2024.

What is the market value for On-premises deployment in 2024?

The On-premises deployment model is valued at 60.46 USD Million in 2024.

What is the projected value for the Hybrid deployment model by 2035?

The Hybrid deployment model is projected to reach a value of 79.86 USD Million by 2035.

Who are the key players in the GCC Project Portfolio Management Software Market?

Key players in the market include SAP, Smartsheet, Atlassian, Trello, and Microsoft among others.

What are the primary growth drivers for the GCC Project Portfolio Management Software Market?

Key growth drivers include increasing demand for efficiency in project management and rising adoption of cloud-based solutions.

What are the emerging trends in the GCC Project Portfolio Management Software Market?

Emerging trends include the growing preference for hybrid deployment models and integration of AI technology for enhanced analytics.

How is the current global scenario impacting the GCC Project Portfolio Management Software Market?

The current global scenario has not significantly altered the growth outlook of the GCC Project Portfolio Management Software Market.

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