Market Forecast By Organization Size (SMEs , Large Enterprises), By Vertical (Energy & Utilities, Government & Defense, IT & Telecom, Banking, Financial Services and Insurance, Manufacturing, Healthcare & Lifesciences, Consumer Goods & Retail, Others), By Component (Solution, Services), By Deployment Mode (On-premises, Cloud) And Competitive Landscape
Product Code: ETC4405119 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Turkey Project Portfolio Management Market |
Forecast period | 2025-2031 |
CAGR | 10.5% |
Growing Sector | Construction sector |
This report on the Turkey Project Portfolio Management Market thoroughly covers the market by Organization Size, by Vertical, by Component, and by Deployment Mode. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Turkey Project Portfolio Management Market is expected to experience substantial growth due to the rising demand for effective portfolio management solutions across different organization sizes and verticals. The market is set to thrive driven by trends such as the growing need for strategic prioritization of projects, the increase in cloud-based solutions, and advancements in project management technologies. Furthermore, evolving business requirements and advancements in AI and machine learning are expected to propel the market forward.
According to 6Wresearch, the Turkey Project Portfolio Management Market is expected to grow at a significant CAGR Of 10.5% during 2025-2031. The Project Portfolio Management Market in Turkey is observing active growth, stimulated by innovative applications of project portfolio management solutions in various organization sizes and verticals. High-quality project portfolio management solutions play a critical role in organizational efficiency and profitability, creating increased demand. With new project portfolio management methods and a heightened focus on project efficiency, the demand for Project Portfolio Management in Turkey is expected to spur further. Additionally, the rising need for effective project prioritization and improved project execution techniques are also expected to contribute to market growth.
Despite the promising growth prospects for the Turkey Project Portfolio Management Market, some challenges may hinder its progress. One of the major challenges is the concern related to the implementation complexity and data security, which can influence industry regulations and usage. This can lead to a slower adoption rate in certain organizations. However, with the growing emphasis on data security and advancements in technology, these challenges are expected to be overcome in the upcoming years.
In Turkey's Project Portfolio Management (PPM) industry, key players include prominent global firms such as Microsoft, Oracle, and SAP, which offer comprehensive PPM solutions tailored to diverse business needs. These companies are complemented by local firms like PeakUp and Detaysoft, which provide specialized services and localized expertise. Additionally, international consultancy and technology firms such as Accenture and IBM play significant roles, leveraging their global experience to serve Turkish enterprises. These leading players collectively drive innovation and efficiency in the PPM landscape in Turkey, catering to a wide array of industries including construction, finance, and technology.
The Project Portfolio Management (PPM) market in Turkey is influenced by several government regulations aimed at ensuring transparency, efficiency, and accountability in project execution. Key regulations include compliance with the Public Procurement Law (No. 4734), which governs the procurement processes for public sector projects, and adherence to the strategic plans outlined by the Ministry of Development. Additionally, data protection and privacy laws, such as the Personal Data Protection Law (KVKK), impact how PPM solutions manage and store project-related data. These regulations collectively aim to enhance the quality and oversight of both public and private sector projects in Turkey.
The future of the Project Portfolio Management (PPM) market in Turkey looks promising, driven by increasing digital transformation initiatives and the adoption of advanced technologies like artificial intelligence, machine learning, and cloud computing. As Turkish businesses and government entities seek greater efficiency and competitive advantage, the demand for robust PPM solutions is expected to grow. Additionally, ongoing infrastructure development projects and strategic investments in various sectors such as energy, transportation, and healthcare will further boost the PPM market. The focus on data analytics and real-time decision-making capabilities will also play a crucial role in shaping the future landscape, enabling more informed and agile project management practices.
According to Ravi Bhandari, Research Head, 6Wresearch, SMEs organization size is projected to grow at a higher rate in the Turkey Project Portfolio Management Market due to the increasing adoption of project portfolio management solutions in these organizations to manage their limited resources effectively.
The IT & Telecom vertical is dominating the Project Portfolio Management market in Turkey and is expected to continue its growth trend. This is attributed to the extensive use of project portfolio management solutions in managing complex IT projects.
The solutions component held the majority share in the Project Portfolio Management market in Turkey, thanks to the high demand for software solutions that enable effective project management.
The Cloud deployment mode is expected to witness significant growth in the Turkey Project Portfolio Management Market, driven by its benefits such as scalability, flexibility, and cost-effectiveness.
The report offers a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey Project Portfolio Management Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Project Portfolio Management Market Revenues & Volume, 2021 & 2031F |
3.3 Turkey Project Portfolio Management Market - Industry Life Cycle |
3.4 Turkey Project Portfolio Management Market - Porter's Five Forces |
3.5 Turkey Project Portfolio Management Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.6 Turkey Project Portfolio Management Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Turkey Project Portfolio Management Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Turkey Project Portfolio Management Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
4 Turkey Project Portfolio Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Project Portfolio Management Market Trends |
6 Turkey Project Portfolio Management Market, By Types |
6.1 Turkey Project Portfolio Management Market, By Organization Size |
6.1.1 Overview and Analysis |
6.1.2 Turkey Project Portfolio Management Market Revenues & Volume, By Organization Size , 2021-2031F |
6.1.3 Turkey Project Portfolio Management Market Revenues & Volume, By SMEs , 2021-2031F |
6.1.4 Turkey Project Portfolio Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.2 Turkey Project Portfolio Management Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Turkey Project Portfolio Management Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.3 Turkey Project Portfolio Management Market Revenues & Volume, By Government & Defense, 2021-2031F |
6.2.4 Turkey Project Portfolio Management Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.2.5 Turkey Project Portfolio Management Market Revenues & Volume, By Banking, Financial Services and Insurance, 2021-2031F |
6.2.6 Turkey Project Portfolio Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.7 Turkey Project Portfolio Management Market Revenues & Volume, By Healthcare & Lifesciences, 2021-2031F |
6.2.8 Turkey Project Portfolio Management Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Turkey Project Portfolio Management Market Revenues & Volume, By Others, 2021-2031F |
6.3 Turkey Project Portfolio Management Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Turkey Project Portfolio Management Market Revenues & Volume, By Solution, 2021-2031F |
6.3.3 Turkey Project Portfolio Management Market Revenues & Volume, By Services, 2021-2031F |
6.4 Turkey Project Portfolio Management Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 Turkey Project Portfolio Management Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 Turkey Project Portfolio Management Market Revenues & Volume, By Cloud, 2021-2031F |
7 Turkey Project Portfolio Management Market Import-Export Trade Statistics |
7.1 Turkey Project Portfolio Management Market Export to Major Countries |
7.2 Turkey Project Portfolio Management Market Imports from Major Countries |
8 Turkey Project Portfolio Management Market Key Performance Indicators |
9 Turkey Project Portfolio Management Market - Opportunity Assessment |
9.1 Turkey Project Portfolio Management Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.2 Turkey Project Portfolio Management Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Turkey Project Portfolio Management Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Turkey Project Portfolio Management Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
10 Turkey Project Portfolio Management Market - Competitive Landscape |
10.1 Turkey Project Portfolio Management Market Revenue Share, By Companies, 2024 |
10.2 Turkey Project Portfolio Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |