logo
  • Login

Adventure

Art

Baby

Beauty

Business

Car

Career

Cat

Celebrity gossip

Craft

Decorating

Design

Diy

Dog

Economics

Education

Entertainment

Fashion

Film

Fitness

Food

Gaming

Green

Health

History

Home decor

Humor

Law

Lifestyle

Makeup

Marketing

Medical

Men's fashion

Mom

Money

Money saving

Movie

Music

Nature

Outdoor

Parenting

Personal finance

Pet

Pet finance

Photography

Political

Real estate

Relationships

Science

Self-help

Sewing

Shopping

Social media

Sports

Technology

Travel

University

Wedding

Wine

Digital marketing

Cryptocurrency

True crime

Justice

Programming

Philosophy

Comics

Women

Basic income

Addiction

Masculinity

Style

Psychology

Space

Privacy

Fiction

Data science

Blockchain

World

Visual design

Spirituality

Family

Work

Math

Media

Books

Tv

Poetry

Environment

Podcasts

Cities

Mental health

Productivity

Language

Machine

Learning

Lbgtqia

Politics

Self

Internet culture

Accessibility

Sexuality

Culture

Future

Magazine

Writing

Economy

Creativity

Religion

Gadgets

Startups

News

Psychedelics

Neuroscience

Ios dev

Artificial intelligence

Self-driving

Software engineering

Android dev

Wellness

Freelancing

Gun control

Cyber security

Disability

Ux

Leadership

Javascript

Transportation

Equality

Engineering

Motivational quotes

Mehndi design

  • Career

Top Industries with High Demand for Project Management Professionals

Looking for certifications in IT programs other than PMP?

  •  May 29, 2019
  •  Ravi Ranjan Kumar(Founder at CodexFly Technology)
  •  0 comments

Project management skills have been in high demand in this techno-industrial age.  Market research is undertaken every now and then to forecast the requirements for Project Managers in the industry.  According to PMI, which conducts the Project Management Professional examination, there is a growing demand for individuals in the Project Management Domain. PMI’s 2014 report reveals the high demand for practitioners of project management. 

Not only in developed countries, but the demand for Project Management professionals is also increasing in developing economies like India and China, especially in IT and Manufacturing sectors. This post enlists how your career prospects can improve with an advanced PMP certification.

Which Industries have High demand for Project Management Professionals

Listed below are the industries that projected a higher than ever demand in PMP:

Energy Industry

The high need for non-renewable energy today has led to a large number of projects being undertaken in areas of solar energy, wind energy & geothermal energy. Thus there is a huge demand for the project professionals in these areas.

Healthcare Industry

Healthcare companies in US are now innovating in order to win customers. Cutting down costs, increasing efficiencies and enhancing customer experience is primarily focused by private insurers in the immediate future. Project managers with strong IT skills will find opportunities in healthcare projects are thus needed to unify service across multiple channels. 

By 2017 Mobile Healthcare is expected to generate revenue of USD 23 billion and projects that capture healthcare data and use it to improve healthcare delivery with lower operational costs are going to be undertaken.  This trend is soon to be followed in both developed economies as well as developing economies such as South Asia, Africa and Southern America where the middle class is demanding better access to healthcare facilities.

Construction Industry

Construction industry also projects more than 70 percent increase in demand for Project management professionals by 2025, and it will be concentrated in three countries: China, the United States and India.

India has a shortage of PM professionals and the demand will go up to 3 million professionals by 2022. The country needs approximately 1 million skilled project managers to fill gaps in large construction projects that require high degrees of independence and complex regulatory compliance.

Information Technology

IT remains a powerful job engine & shows no signs of slowing. In the United States, technology outpaces all other industries in employment growth by three to one. Multinational IT corporations based in the United States are rapidly taking over smaller IT companies and expanding into emerging markets in Asia, the Middle East and Africa.

Thus there appears a strong need for project managers with a standardized set of skills to undertake system reorganization. The countries look for proficient IT project managers who are:

  • Good at understanding the political culture and principles of the organization they work for
  • Have the ability to think and act strategically
  • Have experience in architecture led Project Management

Countries with growing demand for Project Management Professionals

India: India’s largest-ever infrastructure project of US$100 billion is currently in process for Delhi-Mumbai. It’s the largest corridor development project in India ever. Apart from that, nearly 9 million new project management roles are projected to be needed by 2020. High demand for Project Management professionals is thus expected to be seen in coming time.

Canada: 582,366 new project management roles are projected to be needed by 2020.

Germany: The country needs more than 1.6 million new project management roles by 2020.  

 Brazil: The country’s 10-year energy plan will attract US$133 billion in investments. More than 1.3 million new project management roles are expected to be needed by 2020.

Australia: Australia has three operating liquefied natural gas projects and seven more under construction, representing an investment of more than AU$200 billion. A corresponding labor shortage in Australia translates to higher salaries for Project Managers there. More than 375,000 new project management roles are projected to be needed by 2020.

China: China boasts the world’s largest high-speed rail system: 10,463 kilometers (6,501 miles) of tracks. With an annual investment of US$100 billion, the country plans to complete 18,000 kilometers (11,185 miles) of track by 2015 and 120,000 kilometers (74,565 miles) of high-speed rail by 2020. Nearly 25 million project management roles are projected to be created by 2020.

 Japan: According to PMI’s Project Management Talent Gap Report, 2.6 million new project management roles are expected to be created by 2020.

Conclusion

There is no doubt that PMP Certification brings you great career opportunities in various sectors. To acquire advanced PMP skills, you must get a PMP Certification through a reliable institute. 

Learnoa is one such popular online education providers that have been offering training programs aligned to the official certifications. This online education platform is committed to delivering progressive education via various IT training programs. You will get to learn PMP skills through certified instructors (recorded live) with proficient experience in the project management industry. With this training program, you will get lifetime access to recorded classes and 24X7 support.

Looking for certifications in IT programs other than PMP? Learnoa has other IT certification programs like Microsoft.Net, Android App Development, Big Data Hadoop, Python & Django, DevOps and many more Certification programs you can seek enroll into. 

  • Project management skills
  • Learnoa
  •    0
  •  0
Ravi Ranjan Kumar
Founder at CodexFly Technology
0 Comments

Related Blogs
68 BEST POSITIVE AND MOTIVATIONAL QUOTES FOR CAREER
2378 views
10 Great Tips for Achieving Success in Your Job
2013 views
How Helpful a Short Term Course can be in Fashion & Lifestyle Blogging
1897 views
5 Sweet and Delicious Reasons to Become an Android Developer
1700 views
Why Choose a Career in Digital Marketing?
1681 views
Three Effective Ways To Lead A Stress-Free Student’s Life
1593 views
5 things you can do after completing your graduation in engineering
1333 views
Top Industries with High Demand for Project Management Professionals
1322 views
Simple Strategies for Real world English Conversation Practice
1247 views
Consulting careers that will bring your great success
1164 views
Follow Us
logo
Quick Menu
  • Profiles
  • Events
  • Campaigns
  • Business
  • Forum
Hot Links
  • Privacy Policy
  • About Us
  • Meet the team
  • Writing Guidelines
  • Report an issue
​
Manjeet R. Chauhan
Post Graduate with MCA. Working in IT Software Company.