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Being an important leading vendor in innovation management ecosystem, client is keen to understand the competitive landscape, current and upcoming innovation management projects across the globe. Moreover, the client was also looking forward to increase their footprints and market share across geographies.
Client engaged MarketsandMarkets to conduct a study on multiple objectives:
- Detailed competitive landscape for North America, Europe, APAC, MEA, and Latin America regions along with the benchmarking of the key vendors
- Comprehensive list of recent developments such as product developments, partnerships, acquisitions by innovation management vendors in the targeted geographies has been provided with their capacities and verticals
- Market sizing, forecasting of business functions of innovation management across geographies was provided which helped client to target opportunities
- Market sizing, forecasting across various industry verticals such as healthcare and pharmaceuticals, government, and IT and telecommunications has been provided
- Growing focus of enterprises on the development of new, innovative, and personalized products and impact of disruptive technologies to increase the adoption of innovation management solutions are impacting the innovation management market space
- The applications of innovation management in the Healthcare and Pharmaceuticals and Government is expected to grow with Compound Annual Growth Rate (CAGR) of more than 12% during the forecast period
Revenue Impact:
Our market research resulted with a projected revenue of USD 600 Million in 3 years from our recommendations