Innovation Management Market

Innovation Management Market by Offering (Solution and Services), Function (Product Development, Business Processes), Application (Design Platforms, Marketing Platforms), Vertical (Telecom, BFSI, Retail & eCommerce) and Region - Global Forecast to 2028

Report Code: TC 5264 Sep, 2023, by marketsandmarkets.com

The global Innovation Management Market size is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.8%. Innovation management, with its emphasis on optimizing resource allocation and minimizing operational costs, serves as a strategic catalyst for driving the growth of innovation within organizations. By systematically identifying and prioritizing projects with the highest potential ROI, it ensures that limited resources are channeled toward initiatives that align closely with the organization's overarching goals and market demands. This methodical approach leads to enhanced efficiency, cost-effectiveness, and improved decision-making as it empowers leaders to make informed choices about where to allocate resources for innovation. The reduction in operational costs and efficient allocation of resources achieved through innovation management fosters a culture of sustainable innovation fueling growth of innovation management market.

Innovation Management Market

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Innovation Management Market

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Innovation Management Market Dynamics

Driver: Rapid technological progress helping explore new facets of innovation management

Technological advances act as a catalyst for innovation management, creating novel pathways that reshape industries. Emerging technologies drive new product development, offering innovative solutions beyond imagination. This dynamism enables organizations to respond agilely to market needs and changing expectations. Furthermore, technology optimizes processes, enhancing operational efficiency, reducing costs, and freeing resources for further innovation. This rapid progression empowers groundbreaking product development and operational excellence, propelling organizations to the forefront of their markets.

Restraint: Resource constraints

Resource limitations stand as a significant hurdle within the realm of innovation management, potentially impeding the realization of creative aspirations. The shortage of funding, skilled personnel, and dedicated time can cast a shadow on innovation initiatives, limiting their scope and potential impact. Insufficient financial backing may curtail the ability to invest in research, development, and experimentation, hindering the exploration of novel ideas. Moreover, the absence of skilled professionals capable of translating concepts into tangible innovations further compounds the challenge. The constraint of time compounds these obstacles, as innovation demands dedicated efforts and a willingness to explore uncharted territories. Organizations must adopt resource-efficient strategies, foster cross-functional collaboration, and seek partnerships to overcome these limitations, unlocking pathways for inventive solutions and sustaining their competitive edge in a rapidly evolving landscape.

Opportunity: Shift towards open innovation culture

Embracing the concept of open innovation, organizations unlock a gateway to a dynamic exchange of ideas and expertise. Collaborating with external partners, such as startups, research institutions, and suppliers, injects a breath of fresh perspectives into their innovation ecosystem. This influx of diverse viewpoints and insights enriches problem-solving processes, encouraging innovative solutions that might have remained undiscovered within the confines of internal thinking. Beyond knowledge exchange, open innovation creates a collaborative environment that amplifies collective strengths, fostering a co-creative atmosphere where opportunities for joint ventures, shared resources, and collaborative projects flourish. By blurring the lines between organizational boundaries, open innovation ushers in a new era of creativity and competitiveness, amplifying the potential for breakthrough discoveries and mutually beneficial partnerships.

Challenge: Uncertainty of post innovation outcomes

Market uncertainty presents a constant challenge in innovation management, as organizations strive to align their strategies with ever-evolving market trends and demands. Navigating this unpredictable terrain demands a delicate balance between proactive adaptation and agile responsiveness. Accurate prediction of future market shifts remains elusive, requiring companies to develop strategies that are flexible and adaptable to changing conditions. Advanced data analytics and trend monitoring become essential tools in gaining insights into consumer behavior and preferences. By cultivating a culture of market vigilance and continuous learning, organizations can better position themselves to anticipate shifts, pivot effectively, and capitalize on emerging opportunities, ultimately enhancing their ability to thrive in a landscape characterized by uncertainty.

Innovation Management Market Ecosystem

Innovation Management Market

Innovation Management Market: Key Trends

Prominent companies in this market include well-established, financially stable innovation management solutions, services providers, and regulatory bodies. These companies have been operating in the market for several years and possess a diversified product portfolio and state-of-the-art technologies. Prominent companies in this market include Accenture (Ireland), SAP (US), and Planview (US).

The project management platform to hold the largest market size during the forecast period

R&D projects are complex and the need for precise monitoring of phases and milestones underscores the pivotal role of innovation management tools in driving market growth. By offering organizations the capability to systematically track progress, identify bottlenecks, and enact timely adjustments, these tools not only enhance project efficiency but also significantly reduce the time-to-market for innovative products and solutions. Consequently, businesses increasingly recognize the tangible benefits of accelerated R&D project completion facilitated by innovation management solutions.

Training, support, & maintenance service segment is expected to register the fastest growth rate during the forecast period.

The inherent complexity of innovation management solutions, characterized by their diverse array of features and functionalities, underscores the critical role of training services in driving market growth. As organizations recognize the necessity of empowering their teams to harness these tools to their fullest capacity, the demand for comprehensive training solutions escalates. This growing need not only fuels the expansion of the innovation management market but also underscores the market's capacity to provide specialized training services tailored to the unique requirements of diverse industries and businesses, thereby fostering a robust ecosystem that promotes effective innovation practices and market growth.

North America is expected to hold the largest market size during the forecast period

The presence of world-class universities, research institutions, and technology hubs fosters collaboration between academia and industry. This synergy results in cutting-edge research, technology transfer, and the development of skilled talent pools. Moreover, this seamless collaboration between academia and industry not only accelerates the development of groundbreaking technologies but also facilitates the commercialization of research findings. It empowers North American businesses with a continuous influx of fresh ideas and a well-trained workforce, strengthening their competitive edge and ultimately driving the growth of innovation management in the region.

Innovation Management Market Size, and Share

Market Players:

The major players in the innovation management market are Accenture (Ireland), Planview (US), Questel (France), insightsoftware (US), SAP (Germany), KPMG (Netherlands), EY (UK), Salesforce (US), Medallia (US), Deloitte (UK), Boston Consulting Group (US), Miro (US), Sopheon (US), Qmarkets (Israel), Brightidea (US), HYPE Innovation(Germany), Planbox (Canada), IdeaScale (US), InnovationCast (Portugal), Nosco (Denmark), Wazoku (UK), inno360  (US), ITONICS (Germany), Rever (US), Induct (Norway), Sideways 6 (UK), Yambla (US), Ideawake (US), LoopedIn (UK). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and enhancements, and acquisitions to expand their footprint in the innovation management market.

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Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD) Billion

Segments covered

Offering, Function, Innovation Management Tools, Vertical, and Region

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Companies covered

Accenture  (Ireland), Planview  (US), Questel (France), insightsoftware (US), SAP (Germany), KPMG (Netherlands), EY (UK), Salesforce (US), Medallia (US), Deloitte (UK), Boston Consulting Group (US), Miro (US), Sopheon  (US), Qmarkets  (Israel), Brightidea  (US), HYPE Innovation (Germany), Planbox (Canada), IdeaScale (US), InnovationCast (Portugal), Nosco (Denmark), Wazoku (UK), inno360 (US), ITONICS (Germany), Rever (US), Induct (Norway), Sideways 6 (UK), Yambla (US), Ideawake (US), LoopedIn (UK).

This research report categorizes the innovation management market to forecast revenues and analyze trends in each of the following submarkets:

Based on Offering:
  • Solutions
  • Services
    • Professional Services
      • Consulting
      • System Integration
      • Training, Support, & Maintenance
    • Managed Services
Based on Function:
  • Product Development
  • Business Processes
Based on Innovation Management Tools:
  • Project Management Platforms
  • Marketing Platforms
  • Design Platforms
  • Idea Management Platforms
  • Collective Intelligence & Prediction Platforms
  • Human Resources Platforms
  • Other Tools
Based on Vertical:
  • IT & ITeS
  • Telecom
  • Banking, Financial Services, & Insurance (BFSI)
  • Healthcare & Life Sciences
  • Aerospace & Defense
  • Retail & eCommerce
  • Energy & Utilities
  • Manufacturing
  • Transportation & Logistics
  • Other Verticals
By Region:
  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • France
    • Italy
    • Spain
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East
      • KSA
      • UAE
      • Israel
      • Rest of Middle East
    • Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In November 2023, Accenture acquired Founders Intelligence, an innovation strategy consulting firm that helps large corporations to create growth by using tools, techniques and insights from technology entrepreneurs and investors.
  • In July 2023, KPMG and Microsoft partnered for multi-year cloud and AI alliance to supercharge the employee experience and accelerate innovation for clients across Audit, Tax and Advisory.
  • In May 2023, Salesforce and Accenture collaborated to accelerate the deployment of generative AI for CRM

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 45)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
                    FIGURE 1 INNOVATION MANAGEMENT MARKET: MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 INCLUSIONS AND EXCLUSIONS
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2020–2022
    1.5 STAKEHOLDERS 
    1.6 IMPACT OF RECESSION 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 50)
    2.1 RESEARCH DATA 
           FIGURE 2 INNOVATION MANAGEMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Breakdown of primary profiles
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Key insights from industry experts
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 4 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH
           2.2.2 INNOVATION MANAGEMENT MARKET ESTIMATION: SUPPLY-SIDE ANALYSIS
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – BOTTOM-UP APPROACH (SUPPLY SIDE): COLLECTIVE REVENUE OF INNOVATION MANAGEMENT VENDORS
           2.2.3 TOP-DOWN APPROACH
                    FIGURE 7 TOP-DOWN APPROACH
           2.2.4 MARKET ESTIMATION: DEMAND-SIDE ANALYSIS
                    FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
    2.3 DATA TRIANGULATION 
           FIGURE 9 MARKET BREAKUP AND DATA TRIANGULATION
    2.4 MARKET FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 RESEARCH ASSUMPTIONS 
           TABLE 3 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS 
    2.7 RECESSION IMPACT ANALYSIS 
 
3 EXECUTIVE SUMMARY (Page No. - 60)
    FIGURE 10 INNOVATION MANAGEMENT MARKET, 2023–2028 (USD MILLION) 
    FIGURE 11 MARKET, BY REGION, 2023 
 
4 PREMIUM INSIGHTS (Page No. - 63)
    4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN INNOVATION MANAGEMENT MARKET 
           FIGURE 12 INCREASING DEMAND FOR IDEA MANAGEMENT PLATFORMS AMONG ENTERPRISES TO DRIVE MARKET
    4.2 MARKET: TOP GROWING SEGMENTS 
           FIGURE 13 TOP GROWING SEGMENTS IN MARKET IN 2023
    4.3 MARKET, BY PROFESSIONAL SERVICE 
           FIGURE 14 CONSULTING SERVICES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
    4.4 MARKET, BY FUNCTION 
           FIGURE 15 BUSINESS PROCESSES SEGMENT TO WITNESS HIGHER GROWTH RATE IN 2023
    4.5 MARKET, BY OFFERING 
           FIGURE 16 SERVICES SEGMENT TO HOLD LARGER MARKET SHARE IN 2023
    4.6 MARKET, BY INNOVATION MANAGEMENT TOOL 
           FIGURE 17 PROJECT MANAGEMENT PLATFORMS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
    4.7 MARKET, BY VERTICAL 
           FIGURE 18 IT & ITES SEGMENT TO LEAD MARKET IN 2023
    4.8 MARKET IN NORTH AMERICA, BY KEY VERTICAL AND COUNTRY 
           FIGURE 19 IT & ITES SEGMENT AND US TO HOLD LARGEST MARKET SHARES IN 2023
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 67)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: INNOVATION MANAGEMENT MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing focus on developing new, innovative, and personalized products
                    5.2.1.2 Rapid technological progress to accelerate innovation management
                    5.2.1.3 Interconnectedness of markets through globalization to aid in cross-cultural innovation
                    5.2.1.4 Increasing adoption of cloud-based innovation management solutions
           5.2.2 RESTRAINTS
                    5.2.2.1 Resource constraints
                    5.2.2.2 Inefficiency of enterprises to track reliable RoI
                    5.2.2.3 Mindset of leaders toward traditional approaches
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Innovation empowerment through strategic integration of technologies
                    5.2.3.2 Emerging potential markets to provide high-growth opportunities
                    5.2.3.3 Rising adoption of innovation management solutions by SMEs
                    5.2.3.4 Innovation beyond traditional boundaries
           5.2.4 CHALLENGES
                    5.2.4.1 Security and privacy concerns over enterprise information
                    5.2.4.2 Uncertainty of post-innovation implementation outcomes
    5.3 INDUSTRY TRENDS 
           5.3.1 BRIEF HISTORY OF INNOVATION MANAGEMENT
                    FIGURE 21 BRIEF HISTORY OF INNOVATION MANAGEMENT
                    5.3.1.1 1900–1940
                    5.3.1.2 1940–1970
                    5.3.1.3 1970–2000
                    5.3.1.4 2000–2010
           5.3.2 CASE STUDY ANALYSIS
                    5.3.2.1 Case study 1: Brightidea helped Merck cultivate ideas and enhance internal communities at scale
                    5.3.2.2 Case study 2: Brightidea delivered Nielsen flexible, customizable, and user-friendly platform
                    5.3.2.3 Case study 3: Viima facilitated Nihon L’Oréal’s feedback collection and transformation of tacit knowledge
                    5.3.2.4 Case study 4: Planview’s Ideate Innovation Program helped Polaris access diverse ideas, break down bureaucracies, and manage innovation effectively
           5.3.3 ECOSYSTEM ANALYSIS
                    FIGURE 22 INNOVATION MANAGEMENT: ECOSYSTEM
                    TABLE 4 INNOVATION MANAGEMENT MARKET: ECOSYSTEM
                    5.3.3.1 Solution providers
                    5.3.3.2 Technology providers
                    5.3.3.3 Service providers
           5.3.4 VALUE CHAIN ANALYSIS
                    FIGURE 23 MARKET: VALUE CHAIN ANALYSIS
                    5.3.4.1 Ideation
                    5.3.4.2 Development and prototyping
                    5.3.4.3 Testing
                    5.3.4.4 Implementation and commercialization
           5.3.5 REGULATORY LANDSCAPE
                    5.3.5.1 Regulatory bodies, government agencies, and other organizations
                               TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 8 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    5.3.5.2 North America
                               5.3.5.2.1 US
                               5.3.5.2.2 Canada
                    5.3.5.3 Europe
                               5.3.5.3.1 UK
                               5.3.5.3.2 Germany
                    5.3.5.4 Asia Pacific
                               5.3.5.4.1 China
                               5.3.5.4.2 India
                               5.3.5.4.3 Japan
                    5.3.5.5 Middle East & Africa
                               5.3.5.5.1 UAE
                               5.3.5.5.2 South Africa
                    5.3.5.6 Latin America
                               5.3.5.6.1 Brazil
           5.3.6 KEY CONFERENCES & EVENTS, 2023–2024
                    TABLE 9 DETAILED LIST OF CONFERENCES & EVENTS, 2023–2024
           5.3.7 PRICING ANALYSIS
                    5.3.7.1 Average selling price of key players
                               TABLE 10 AVERAGE SELLING PRICE OF SUBSCRIPTION-BASED INNOVATION MANAGEMENT SERVICES
                    5.3.7.2 Average selling price trend
           5.3.8 PORTER’S FIVE FORCES MODEL
                    TABLE 11 IMPACT OF EACH FORCE ON INNOVATION MANAGEMENT MARKET
                    5.3.8.1 Threat of new entrants
                    5.3.8.2 Threat of substitutes
                    5.3.8.3 Bargaining power of buyers
                    5.3.8.4 Bargaining power of suppliers
                    5.3.8.5 Intensity of competitive rivalry
           5.3.9 TECHNOLOGY ANALYSIS
                    5.3.9.1 AI
                    5.3.9.2 ML
                    5.3.9.3 RPA
                    5.3.9.4 Blockchain
           5.3.10 PATENT ANALYSIS
                    5.3.10.1 Methodology
                    5.3.10.2 Document type
                               TABLE 12 PATENTS FILED, 2021–2023
                    5.3.10.3 Innovation and patent applications
                               FIGURE 24 NUMBER OF PATENTS GRANTED ANNUALLY, 2021–2023
                               5.3.10.3.1 Top applicants
                               FIGURE 25 TOP TEN PATENT APPLICANTS WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2021–2023
                               TABLE 13 PATENTS GRANTED IN INNOVATION MANAGEMENT MARKET, 2021–2023
                               FIGURE 26 TRENDS AND DISRUPTIONS IMPACTING BUYERS/CLIENT’S BUSINESSES
           5.3.11 KEY STAKEHOLDERS AND BUYING CRITERIA
                    5.3.11.1 Key stakeholders in buying process
                               FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
                               TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
                    5.3.11.2 Buying criteria
                               FIGURE 28 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
                               TABLE 15 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
           5.3.12 BEST PRACTICES OF INNOVATION MANAGEMENT MARKET
           5.3.13 CURRENT AND EMERGING BUSINESS MODELS
                    5.3.13.1 Subscription-based model
                    5.3.13.2 Consulting services model
                    5.3.13.3 Outcome-based model
                    5.3.13.4 Open innovation model
           5.3.14 INNOVATION MANAGEMENT TOOLS, FRAMEWORKS, AND TECHNIQUES
           5.3.15 FUTURE LANDSCAPE OF MARKET
                    5.3.15.1 Innovation management technology roadmap till 2030
                               5.3.15.1.1 Short-term roadmap (2023–2025)
                               5.3.15.1.2 Mid-term roadmap (2026–2028)
                               5.3.15.1.3 Long-term roadmap (2029–2030)
 
6 INNOVATION MANAGEMENT MARKET, BY OFFERING (Page No. - 95)
    6.1 INTRODUCTION 
           FIGURE 29 SOLUTIONS SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           6.1.1 OFFERING: MARKET DRIVERS
                    TABLE 16 MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 17 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 SOLUTION 
           6.2.1 INNOVATION MANAGEMENT SOLUTIONS TO MAKE STRATEGIC AND TACTICAL DECISIONS TO STREAMLINE PRODUCT DEVELOPMENT
                    TABLE 18 SOLUTION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 19 SOLUTION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.3 SERVICES 
           FIGURE 30 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 20 SERVICES: MARKET, BY TYPE, 2017–2022 (USD MILLION)
           TABLE 21 SERVICES: MARKET, BY TYPE, 2023–2028 (USD MILLION)
           TABLE 22 SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 23 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.1 PROFESSIONAL SERVICES
                    TABLE 24 PROFESSIONAL SERVICES: INNOVATION MANAGEMENT MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 25 PROFESSIONAL SERVICES: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 26 PROFESSIONAL SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 27 PROFESSIONAL SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.2 CONSULTING
                    6.3.2.1 Consulting services to maximize information availability, increase business flexibility, and extract valuable insights from business data
                               TABLE 28 CONSULTING: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 29 CONSULTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.3 SYSTEM INTEGRATION
                    6.3.3.1 System integration services to implement and integrate innovation management solutions with existing IT infrastructure systems
                               TABLE 30 SYSTEM INTEGRATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 31 SYSTEM INTEGRATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.4 TRAINING, SUPPORT & MAINTENANCE
                    6.3.4.1 Training services to comprehend operation and implementation of innovation management solutions
                               TABLE 32 TRAINING, SUPPORT & MAINTENANCE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 33 TRAINING, SUPPORT & MAINTENANCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.5 MANAGED SERVICES
                    6.3.5.1 Managed services to enhance and optimize outsourced functions to drive efficiency and cost-effectiveness
                               TABLE 34 MANAGED SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 35 MANAGED SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
7 INNOVATION MANAGEMENT MARKET, BY FUNCTION (Page No. - 106)
    7.1 INTRODUCTION 
           FIGURE 31 BUSINESS PROCESSES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           7.1.1 FUNCTION: MARKET DRIVERS
           TABLE 36 MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
           TABLE 37 MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
    7.2 PRODUCT DEVELOPMENT 
           7.2.1 GROWING NEED FOR NEW AND INNOVATIVE PRODUCTS WORLDWIDE TO FUEL DEMAND FOR PRODUCT DEVELOPMENT
                    TABLE 38 PRODUCT DEVELOPMENT: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 39 PRODUCT DEVELOPMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 BUSINESS PROCESSES 
           7.3.1 NEED TO STANDARDIZE AND IMPROVE PROCESSES AND REDUCE BOTH CAPITAL AND OPERATIONAL EXPENDITURE TO DRIVE MARKET
                    TABLE 40 BUSINESS PROCESSES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 41 BUSINESS PROCESSES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 INNOVATION MANAGEMENT MARKET, BY INNOVATION MANAGEMENT TOOL (Page No. - 111)
    8.1 INTRODUCTION 
           FIGURE 32 PROJECT MANAGEMENT PLATFORMS SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
           8.1.1 INNOVATION MANAGEMENT TOOL: MARKET DRIVERS
                    TABLE 42 MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                    TABLE 43 MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
    8.2 PROJECT MANAGEMENT PLATFORMS 
           8.2.1 PROJECT MANAGEMENT PLATFORMS TO HELP IN PROJECT SELECTION AND RESOURCE ALLOCATION
                    TABLE 44 PROJECT MANAGEMENT PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 45 PROJECT MANAGEMENT PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 MARKETING PLATFORMS 
           8.3.1 MARKETING PLATFORMS TO HELP IN MARKET RESEARCH, ANALYZE TRENDS, AND INTEGRATE SALES CHANNELS
                    TABLE 46 MARKETING PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 47 MARKETING PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.4 DESIGN PLATFORMS 
           8.4.1 DESIGN PLATFORMS TO GENERATE AND SOURCE IDEAS AND HELP IN PRIORITIZATION AND SELECTION
                    TABLE 48 DESIGN PLATFORMS: INNOVATION MANAGEMENT MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 49 DESIGN PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.5 IDEA MANAGEMENT PLATFORMS 
           8.5.1 IDEA MANAGEMENT TECHNOLOGY TO COLLECT, EVALUATE, AND IMPLEMENT INNOVATIVE IDEAS
                    TABLE 50 IDEA MANAGEMENT PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 51 IDEA MANAGEMENT PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.6 COLLECTIVE INTELLIGENCE & PREDICTION PLATFORMS 
           8.6.1 COLLECTIVE INTELLIGENCE & PREDICTION PLATFORMS TO HELP GATHER CROWDSOURCED IDEAS FROM VARIOUS SOURCES
                    TABLE 52 COLLECTIVE INTELLIGENCE & PREDICTION PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 53 COLLECTIVE INTELLIGENCE & PREDICTION PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.7 HUMAN RESOURCE PLATFORMS 
           8.7.1 HUMAN RESOURCES PLATFORMS TO NURTURE INNOVATIVE THINKING AND FACILITATE CONTINUOUS IMPROVEMENT
                    TABLE 54 HUMAN RESOURCE PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 55 HUMAN RESOURCE PLATFORMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.8 OTHER TOOLS 
           TABLE 56 OTHER TOOLS: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 57 OTHER TOOLS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 INNOVATION MANAGEMENT MARKET, BY VERTICAL (Page No. - 121)
    9.1 INTRODUCTION 
           FIGURE 33 HEALTHCARE & LIFE SCIENCES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           9.1.1 VERTICAL: MARKET DRIVERS
                    TABLE 58 MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 59 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    9.2 IT & ITES 
           9.2.1 INNOVATION MANAGEMENT TO DETECT THREAT AND OFFER INCIDENT RESPONSE IDEAS
           9.2.2 USE CASES
                    9.2.2.1 Cybersecurity
                    9.2.2.2 Remote work solutions
                               TABLE 60 IT & ITES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 61 IT & ITES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 TELECOM 
           9.3.1 INNOVATION MANAGEMENT SOLUTIONS TO DRIVE IOT NETWORK EXPANSION FOR SEAMLESS CONNECTIVITY AND EFFICIENT DATA HANDLING
           9.3.2 USE CASES
                    9.3.2.1 IoT expansion
                    9.3.2.2 5G optimization
                               TABLE 62 TELECOM: INNOVATION MANAGEMENT MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 63 TELECOM: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 BFSI 
           9.4.1 INNOVATION MANAGEMENT TO DESIGN INNOVATIVE INSURANCE PRODUCTS AND HELP IDENTIFY EMERGING RISKS AND FRAUD PATTERNS
           9.4.2 USE CASES
                    9.4.2.1 Insurance management
                    9.4.2.2 Fraud detection
                               TABLE 64 BFSI: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 65 BFSI: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.5 HEALTHCARE & LIFE SCIENCES 
           9.5.1 INNOVATION MANAGEMENT SOLUTIONS TO EXPEDITE DRUG DISCOVERY BY GATHERING INSIGHTS FROM RESEARCH TEAMS
           9.5.2 USE CASES
                    9.5.2.1 Drug discovery and development
                    9.5.2.2 Patient-centric care solutions
                               TABLE 66 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 67 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.6 AEROSPACE & DEFENSE 
           9.6.1 INNOVATION MANAGEMENT TO ENHANCE AIRCRAFT DESIGN PROCESS AND COLLECT INSIGHTS FROM EXPERTS
           9.6.2 USE CASES
                    9.6.2.1 Aircraft design and development
                    9.6.2.2 Defense technology developments
                               TABLE 68 AEROSPACE & DEFENSE: INNOVATION MANAGEMENT MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 69 AEROSPACE & DEFENSE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.7 RETAIL & ECOMMERCE 
           9.7.1 INNOVATION MANAGEMENT TO HELP IN PAYMENT PROCESSING AND ENABLE RETAILERS TO EXPLORE FRESH SALES CHANNELS
           9.7.2 USE CASES
                    9.7.2.1 Payment solutions
                    9.7.2.2 Alternative sales channels
                               TABLE 70 RETAIL & ECOMMERCE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 71 RETAIL & ECOMMERCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.8 ENERGY & UTILITIES 
           9.8.1 INNOVATION MANAGEMENT TO HELP SMOOTHLY INTEGRATE RENEWABLE ENERGY SOURCES INTO CURRENT ENERGY INFRASTRUCTURE
           9.8.2 USE CASES
                    9.8.2.1 Renewable energy integration
                    9.8.2.2 Advanced metering infrastructure
                               TABLE 72 ENERGY & UTILITIES: INNOVATION MANAGEMENT MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 73 ENERGY & UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.9 MANUFACTURING 
           9.9.1 INNOVATION MANAGEMENT TO ENHANCE QUALITY CONTROL PROCESSES AND PRODUCT DESIGN & DEVELOPMENT
           9.9.2 USE CASES
                    9.9.2.1 Quality control
                    9.9.2.2 Product design & development
                               TABLE 74 MANUFACTURING: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 75 MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.10 TRANSPORTATION & LOGISTICS 
           9.10.1 INNOVATION MANAGEMENT TO FACILITATE DELIVERY SOLUTIONS AND ROUTE OPTIMIZATION
           9.10.2 USE CASES
                    9.10.2.1 Delivery solutions
                    9.10.2.2 Route optimization
                               TABLE 76 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 77 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.11 OTHER VERTICALS 
           9.11.1 USE CASES
                    9.11.1.1 eLearning platform enhancements
                 10 INNOVATION MANAGEMENT MARKET, BY REGION (Page No. - 138)   9.11.1.2 VR and AR experience
                    9.11.1.3 Crisis response and pandemic management
                               TABLE 78 OTHER VERTICALS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 79 OTHER VERTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
     10.1 INTRODUCTION 
               TABLE 80 MARKET, BY REGION, 2017–2022 (USD MILLION)
               TABLE 81 MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.2 NORTH AMERICA 
             10.2.1 NORTH AMERICA: MARKET DRIVERS
             10.2.2 NORTH AMERICA: RECESSION IMPACT
                       FIGURE 34 NORTH AMERICA: INNOVATION MANAGEMENT MARKET SNAPSHOT
                       TABLE 82 NORTH AMERICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 83 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 84 NORTH AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 85 NORTH AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 86 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 87 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 88 NORTH AMERICA: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 89 NORTH AMERICA: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 90 NORTH AMERICA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 91 NORTH AMERICA: MARKET, BY INNOVATION MANAGEMENT TOOLS, 2023–2028 (USD MILLION)
                       TABLE 92 NORTH AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 93 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 94 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 95 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.2.3 US
                       10.2.3.1 Strong focus on technology and cross-industry innovation and presence of dynamic startup ecosystems to drive market
                                   TABLE 96 US: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 97 US: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 98 US: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 99 US: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 100 US: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 101 US: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 102 US: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 103 US: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 104 US: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 105 US: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 106 US: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 107 US: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             10.2.4 CANADA
                       10.2.4.1 Presence of dynamic tech and research ecosystem and government initiatives to support startups to propel market
                                   TABLE 108 CANADA: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 109 CANADA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 110 CANADA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 111 CANADA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 112 CANADA: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 113 CANADA: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 114 CANADA: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 115 CANADA: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 116 CANADA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 117 CANADA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 118 CANADA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 119 CANADA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     10.3 EUROPE 
             10.3.1 EUROPE: MARKET DRIVERS
             10.3.2 EUROPE: RECESSION IMPACT
                       TABLE 120 EUROPE: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 121 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 122 EUROPE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 123 EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 124 EUROPE: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 125 EUROPE: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 126 EUROPE: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 127 EUROPE: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 128 EUROPE: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 129 EUROPE: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                       TABLE 130 EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 131 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 132 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 133 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.3.3 GERMANY
                       10.3.3.1 Rising opportunities in business analytics space and technological advancement to drive market
                                   TABLE 134 GERMANY: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 135 GERMANY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 136 GERMANY: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 137 GERMANY: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 138 GERMANY: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 139 GERMANY: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 140 GERMANY: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 141 GERMANY: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 142 GERMANY: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 143 GERMANY: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 144 GERMANY: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 145 GERMANY: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             10.3.4 UK
                       10.3.4.1 Need to create innovative products and improve business processes to drive market in UK
             10.3.5 FRANCE
                       10.3.5.1 France’s industrial sector to present extensive growth opportunities for innovation management
             10.3.6 ITALY
                       10.3.6.1 Emergence of vibrant startup ecosystem and focus on R&D to fuel demand for innovation management
             10.3.7 SPAIN
                       10.3.7.1 Rising adoption of innovative technologies to improve processes, customer experiences, and competitiveness to drive market
             10.3.8 NORDICS
                       10.3.8.1 Nordic Smart Mobility and Connectivity initiative to explore advanced solutions for eco-friendly transportation
             10.3.9 REST OF EUROPE
     10.4 ASIA PACIFIC 
             10.4.1 ASIA PACIFIC: MARKET DRIVERS
             10.4.2 ASIA PACIFIC: RECESSION IMPACT
                       FIGURE 35 ASIA PACIFIC: INNOVATION MANAGEMENT MARKET SNAPSHOT
                       TABLE 146 ASIA PACIFIC: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 147 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 148 ASIA PACIFIC: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 149 ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 150 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 151 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 152 ASIA PACIFIC: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 153 ASIA PACIFIC: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 154 ASIA PACIFIC: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 155 ASIA PACIFIC: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                       TABLE 156 ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 157 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 158 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 159 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.4.3 CHINA
                       10.4.3.1 Rapid adoption of and investment in latest technologies to boost demand for innovation management in China
                                   TABLE 160 CHINA: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 161 CHINA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 162 CHINA: INNOVATION MANAGEMENT, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 163 CHINA: INNOVATION MANAGEMENT, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 164 CHINA: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 165 CHINA: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 166 CHINA: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 167 CHINA: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 168 CHINA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 169 CHINA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 170 CHINA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 171 CHINA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             10.4.4 INDIA
                       10.4.4.1 Rising startup ecosystem, focus on digital transformation, and adoption of innovative technologies to propel market
             10.4.5 JAPAN
                       10.4.5.1 METI to support innovation through ASCA TechLab initiative to accelerate technological progress
             10.4.6 AUSTRALIA & NEW ZEALAND
                       10.4.6.1 Government initiatives to adopt innovation management solutions to drive market
             10.4.7 SOUTH KOREA
                       10.4.7.1 Presence of technical giants and expertise in mobile technology, electronics, and internet connectivity to propel market
             10.4.8 SOUTHEAST ASIA
                       10.4.8.1 Rising use of mobile technology, internet connectivity, and eCommerce to drive market
             10.4.9 REST OF ASIA PACIFIC
     10.5 MIDDLE EAST & AFRICA 
             10.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
             10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
                       TABLE 172 MIDDLE EAST & AFRICA: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 173 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 174 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 175 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 176 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 177 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 178 MIDDLE EAST & AFRICA: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 179 MIDDLE EAST & AFRICA: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 180 MIDDLE EAST & AFRICA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 181 MIDDLE EAST & AFRICA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                       TABLE 182 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 183 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 184 MIDDLE EAST & AFRICA: MARKET, BY SUBREGION, 2017–2022 (USD MILLION)
                       TABLE 185 MIDDLE EAST & AFRICA: MARKET, BY SUBREGION, 2023–2028 (USD MILLION)
             10.5.3 MIDDLE EAST
                       TABLE 186 MIDDLE EAST: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 187 MIDDLE EAST: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 188 MIDDLE EAST: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 189 MIDDLE EAST: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 190 MIDDLE EAST: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 191 MIDDLE EAST: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 192 MIDDLE EAST: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 193 MIDDLE EAST: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 194 MIDDLE EAST: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 195 MIDDLE EAST: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                       TABLE 196 MIDDLE EAST: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 197 MIDDLE EAST: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 198 MIDDLE EAST: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 199 MIDDLE EAST: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                       10.5.3.1 UAE
                                   10.5.3.1.1 Government initiatives to promote innovation and programs for supporting startups and entrepreneurs to drive market
                                   TABLE 200 UAE: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 201 UAE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 202 UAE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 203 UAE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 204 UAE: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 205 UAE: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 206 UAE: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 207 UAE: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 208 UAE: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 209 UAE: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 210 UAE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 211 UAE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       10.5.3.2 KSA
                                   10.5.3.2.1 Implementation of innovation centers and collaborations to fuel demand for innovation management
                       10.5.3.3 Israel
                                   10.5.3.3.1 Rising adoption of data-driven technologies to boost demand for innovation management solutions
                       10.5.3.4 Rest of Middle East
             10.5.4 AFRICA
                       10.5.4.1 QSTP to provide technology-based startup funding, mentoring, and top-notch facilities
     10.6 LATIN AMERICA 
             10.6.1 LATIN AMERICA: MARKET DRIVERS
             10.6.2 LATIN AMERICA: RECESSION IMPACT
                       TABLE 212 LATIN AMERICA: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 213 LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 214 LATIN AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 215 LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 216 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                       TABLE 217 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                       TABLE 218 LATIN AMERICA: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                       TABLE 219 LATIN AMERICA: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                       TABLE 220 LATIN AMERICA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                       TABLE 221 LATIN AMERICA: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                       TABLE 222 LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 223 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 224 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 225 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.6.3 BRAZIL
                       10.6.3.1 Increasing IT spending and investment in innovation management solutions to drive market
                                   TABLE 226 BRAZIL: INNOVATION MANAGEMENT MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 227 BRAZIL: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 228 BRAZIL: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 229 BRAZIL: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 230 BRAZIL: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 231 BRAZIL: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 232 BRAZIL: MARKET, BY FUNCTION, 2017–2022 (USD MILLION)
                                   TABLE 233 BRAZIL: MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
                                   TABLE 234 BRAZIL: MARKET, BY INNOVATION MANAGEMENT TOOL, 2017–2022 (USD MILLION)
                                   TABLE 235 BRAZIL: MARKET, BY INNOVATION MANAGEMENT TOOL, 2023–2028 (USD MILLION)
                                   TABLE 236 BRAZIL: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 237 BRAZIL: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             10.6.4 MEXICO
                       10.6.4.1 National Innovation Strategy to transform different sectors in Mexico leading to innovation revolution
             10.6.5 REST OF LATIN AMERICA
 
11 COMPETITIVE LANDSCAPE (Page No. - 206)
     11.1 INTRODUCTION 
     11.2 STRATEGIES ADOPTED BY KEY PLAYERS 
               TABLE 238 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
     11.3 HISTORICAL REVENUE ANALYSIS 
               FIGURE 36 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD MILLION)
     11.4 MARKET SHARE ANALYSIS 
               TABLE 239 INNOVATION MANAGEMENT MARKET: INTENSITY OF COMPETITIVE RIVALRY
     11.5 COMPANY EVALUATION MATRIX FOR KEY PLAYERS 
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANTS
                       FIGURE 37 GLOBAL MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023
     11.6 COMPANY FOOTPRINT 
               TABLE 240 COMPANY OVERALL FOOTPRINT
     11.7 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES 
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                       FIGURE 38 GLOBAL MARKET: COMPANY EVALUATION MATRIX STARTUPS/SMES, 2023
     11.8 COMPETITIVE BENCHMARKING 
               TABLE 241 DETAILED LIST OF STARTUPS/SMES
               TABLE 242 COMPETITIVE BENCHMARKING OF STARTUPS/SMES
               TABLE 243 COMPETITIVE BENCHMARKING OF KEY PLAYERS
     11.9 COMPETITIVE SCENARIO AND TRENDS 
             11.9.1 PRODUCT LAUNCHES
                       TABLE 244 MARKET: PRODUCT LAUNCHES, AUGUST 2020–JULY 2023
             11.9.2 DEALS
                       TABLE 245 MARKET: DEALS, JANUARY 2021–JULY 2023
             11.9.3 OTHERS
                       TABLE 246 INNOVATION MANAGEMENT MARKET: OTHERS, SEPTEMBER 2019–JANUARY 2023
     11.10 INNOVATION MANAGEMENT PRODUCT BENCHMARKING 
               11.10.1 PROMINENT INNOVATION MANAGEMENT SOLUTIONS
                                   TABLE 247 COMPARATIVE ANALYSIS OF PROMINENT INNOVATION MANAGEMENT SOLUTIONS
                          11.10.1.1 Accenture myConcerto
                          11.10.1.2 Innosabi Idea
                          11.10.1.3 Deloitte Reimagine Platform
                          11.10.1.4 EY CogniStreamer
                          11.10.1.5 Medallia Employee Ideas
     11.11 VALUATION AND FINANCIAL METRICS OF KEY INNOVATION MANAGEMENT VENDORS 
                       FIGURE 39 VALUATION AND FINANCIAL METRICS OF KEY INNOVATION MANAGEMENT VENDORS
 
12 COMPANY PROFILES (Page No. - 222)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
     12.1 MAJOR PLAYERS 
             12.1.1 ACCENTURE
                       TABLE 248 ACCENTURE: COMPANY OVERVIEW
                       FIGURE 40 ACCENTURE: COMPANY SNAPSHOT
                       TABLE 249 ACCENTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 250 ACCENTURE: DEALS
             12.1.2 PLANVIEW
                       TABLE 251 PLANVIEW: COMPANY OVERVIEW
                       TABLE 252 PLANVIEW: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 253 PLANVIEW: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 254 PLANVIEW: DEALS
             12.1.3 SAP
                       TABLE 255 SAP: COMPANY OVERVIEW
                       FIGURE 41 SAP: COMPANY SNAPSHOT
                       TABLE 256 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 257 SAP: DEALS
             12.1.4 QUESTEL
                       TABLE 258 QUESTEL: COMPANY OVERVIEW
                       TABLE 259 QUESTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 260 QUESTEL: DEALS
             12.1.5 INSIGHTSOFTWARE
                       TABLE 261 INSIGHTSOFTWARE: COMPANY OVERVIEW
                       TABLE 262 INSIGHTSOFTWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 263 INSIGHTSOFTWARE: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 264 INSIGHTSOFTWARE: DEALS
             12.1.6 KPMG
                       TABLE 265 KPMG: COMPANY OVERVIEW
                       FIGURE 42 KPMG: COMPANY SNAPSHOT
                       TABLE 266 KPMG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 267 KPMG: DEALS
             12.1.7 DELOITTE
                       TABLE 268 DELOITTE: COMPANY OVERVIEW
                       FIGURE 43 DELOITTE: COMPANY SNAPSHOT
                       TABLE 269 DELOITTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 270 DELOITTE: PRODUCT LAUNCHES AND ENHANCEMENTS
             12.1.8 MIRO
                       TABLE 271 MIRO: COMPANY OVERVIEW
                       TABLE 272 MIRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 273 MIRO: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 274 MIRO: OTHERS
             12.1.9 SALESFORCE
                       TABLE 275 SALESFORCE: COMPANY OVERVIEW
                       FIGURE 44 SALESFORCE: COMPANY SNAPSHOT
                       TABLE 276 SALESFORCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 277 SALESFORCE: DEALS
                       TABLE 278 SALESFORCE: OTHERS
             12.1.10 EY
                       TABLE 279 EY: COMPANY OVERVIEW
                       FIGURE 45 EY: COMPANY SNAPSHOT
                       TABLE 280 EY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 281 EY: DEALS
                       TABLE 282 EY: OTHERS
             12.1.11 MEDALLIA
                       TABLE 283 MEDALLIA: COMPANY OVERVIEW
                       TABLE 284 MEDALLIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 285 MEDALLIA: PRODUCT LAUNCHES AND ENHANCEMENTS
             12.1.12 BOSTON CONSULTING GROUP
                       TABLE 286 BOSTON CONSULTING GROUP: COMPANY OVERVIEW
                       FIGURE 46 BOSTON CONSULTING GROUP: COMPANY SNAPSHOT
                       TABLE 287 BOSTON CONSULTING GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 288 BOSTON CONSULTING GROUP: DEALS
                       TABLE 289 BOSTON CONSULTING GROUP: OTHERS
     12.2 STARTUP/SMES 
             12.2.1 SOPHEON
             12.2.2 QMARKETS
             12.2.3 BRIGHTIDEA
             12.2.4 HYPE INNOVATION
             12.2.5 PLANBOX
             12.2.6 IDEASCALE
             12.2.7 INNOVATIONCAST
             12.2.8 NOSCO
             12.2.9 WAZOKU
             12.2.10 INNO360
             12.2.11 ITONICS
             12.2.12 REVER
             12.2.13 INDUCT
             12.2.14 SIDEWAYS 6
             12.2.15 YAMBLA
             12.2.16 IDEAWAKE
             12.2.17 LOOPEDIN
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
 
13 ADJACENT/RELATED MARKETS (Page No. - 261)
     13.1 INTRODUCTION 
     13.2 DECISION INTELLIGENCE MARKET 
             13.2.1 MARKET DEFINITION
             13.2.2 MARKET OVERVIEW
             13.2.3 DECISION INTELLIGENCE MARKET, BY COMPONENT
                       TABLE 290 DECISION INTELLIGENCE MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 291 DECISION INTELLIGENCE MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 292 SOLUTIONS: DECISION INTELLIGENCE MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 293 SOLUTIONS: DECISION INTELLIGENCE MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 294 SERVICES: DECISION INTELLIGENCE MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 295 SERVICES: DECISION INTELLIGENCE MARKET, BY TYPE, 2022–2027 (USD MILLION)
             13.2.4 DECISION INTELLIGENCE MARKET, BY DEPLOYMENT MODE
                       TABLE 296 DECISION INTELLIGENCE MARKET, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION)
                       TABLE 297 DECISION INTELLIGENCE MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
             13.2.5 DECISION INTELLIGENCE MARKET, BY ORGANIZATION SIZE
                       TABLE 298 DECISION INTELLIGENCE MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 299 DECISION INTELLIGENCE MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             13.2.6 DECISION INTELLIGENCE MARKET, BY VERTICAL
                       TABLE 300 DECISION INTELLIGENCE MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
                       TABLE 301 DECISION INTELLIGENCE MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
             13.2.7 DECISION INTELLIGENCE MARKET, BY REGION
                       TABLE 302 DECISION INTELLIGENCE MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 303 DECISION INTELLIGENCE MARKET, BY REGION, 2022–2027 (USD MILLION)
     13.3 DIGITAL ASSET MANAGEMENT MARKET 
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
             13.3.3 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT
                       TABLE 304 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2019–2022 (USD MILLION)
                       TABLE 305 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
             13.3.4 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION
                       TABLE 306 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2019–2022 (USD MILLION)
                       TABLE 307 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION)
             13.3.5 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE
                       TABLE 308 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION)
                       TABLE 309 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION)
             13.3.6 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE
                       TABLE 310 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION)
                       TABLE 311 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             13.3.7 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL
                       TABLE 312 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                       TABLE 313 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             13.3.8 DIGITAL ASSET MANAGEMENT MARKET, BY REGION
                       TABLE 314 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2019–2022 (USD MILLION)
                       TABLE 315 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
 
14 APPENDIX (Page No. - 272)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

This research study involved the extensive use of secondary sources, directories, and databases, such as Dun & Bradstreet (D&B) Hoovers and Bloomberg BusinessWeek, to identify and collect information useful for a technical, market-oriented, and commercial study of the innovation management market. The primary sources have been mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, and organizations related to all segments of the value chain of this market. In-depth interviews have been conducted with various primary respondents that included key industry participants, subject matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information.

Secondary Research

The market for companies offering innovation management solutions and services to different verticals has been estimated and projected based on the secondary data made available through paid and unpaid sources, as well as by analyzing their product portfolios in the ecosystem of the market. It also involved rating company products based on their performance and quality. In the secondary research process, various sources such as the International Society for Professional Innovation Management (ISPIM), West African Research and Innovation Management Association (WARIM), the Caribbean Research Innovation Management Association (CabRIMA), South African Research and Innovation Management Association (SARIM) have been referred to for identifying and collecting information for this study on the innovation management market. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, journals, and certified publications and articles by recognized authors, directories, and databases. Secondary research has been mainly used to obtain key information about the supply chain of the market, the total pool of key players, market classification, segmentation according to industry trends to the bottommost level, regional markets, and key developments from both market- and technology-oriented perspectives that have been further validated by primary sources.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief Experience Officers (CXOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from innovation management solution vendors, SIs, professional service providers, and industry associations; and key opinion leaders. Primary interviews were conducted to gather insights, such as market statistics, revenue data collected from solutions and services, market breakups, market size estimations, market forecasts, and data triangulation. Primary research also helped in understanding various trends related to technologies, applications, deployments, and regions. Stakeholders from the demand side, such as Chief Information Officers (CIOs), Chief Technology Officers (CTOs), Chief Strategy Officers (CSOs), and end users using innovation management solutions, were interviewed to understand the buyer’s perspective on suppliers, products, service providers, and their current usage of innovation management solutions and services, which would impact the overall innovation management market.

Innovation Management Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Multiple approaches were adopted to estimate and forecast the size of the innovation management market. The first approach involves estimating market size by summing up the revenue generated by companies through the sale of innovation management offerings, such as solutions, and services.

Both top-down and bottom-up approaches were used to estimate and validate the total size of the innovation management market. These methods were extensively used to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • In terms of value, the industry’s supply chain and market size have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Innovation management Market Size: Bottom-Up Approach

Innovation Management Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Innovation management Market Size: Top-Down Approach

Innovation Management Market Size, and Share

Data Triangulation

After arriving at the overall market size, the innovation management market was divided into several segments and subsegments. A data triangulation procedure was used to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with data triangulation and market breakdown, the market size was validated by the top-down and bottom-up approaches.

Market Definition

Innovation management is the process of managing the innovation process, from idea generation to commercialization. It involves a set of activities and practices that organizations use to create, develop, and implement new ideas.

Key Stakeholders

  • Innovation management solution and service providers
  • Government organizations, forums, alliances, and associations
  • Consulting service providers
  • Value-added resellers (VARs)
  • End users
  • System integrators
  • Research organizations
  • Consulting companies
  • Software vendors

The main objectives of the study are as follows:

  • To determine and forecast the global innovation management market by offering (solutions, and services), function, application, vertical, and region from 2023 to 2028, and analyze the various macroeconomic and microeconomic factors that affect the market growth.
  • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall market.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the innovation management market.
  • To profile the key market players; provide a comparative analysis based on business overviews, regional presence, product offerings, business strategies, and key financials; and illustrate the market's competitive landscape.
  • Track and analyze competitive developments in the market, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the Middle East & Africa market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Sep, 2023
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