Innovation Management Market Size - By Component, Deployment, Function, Application, Enterprise Size, End User, Growth Prospects, Regional Outlook & Global Forecast, 2023

Description

List of Tables

Innovation Management Market is predicted to observe more than 9% CAGR from 2023 to 2032. Increasing recognition of innovation as a critical driver for business success is encouraging organizations to invest in comprehensive innovation management solutions. These tools help in streamlining processes to ideate, evaluate, and implement the ideas.

Additionally, as businesses adapt to emerging technologies, they increasingly need efficient tools to

navigate the complexities of the innovation lifecycle. They offer a structured framework for integrating technology into the organizational processes. For instance, in June 2023, SIMBYM Inc, a technology software solutions leader, announced the release of its innovative SIMBYM Vorque Management Module. The product was designed as a complete "No-Code" method with an "enterprise-first" approach to security and scalability.

The overall innovation management industry is segmented based on component, deployment, application, enterprise size, end user, and region.

The services segment is poised to witness a notable growth over the forecast period as they offer specialized expertise and support tailored to the unique needs of organizations. Consulting services offer strategic guidance, aligning innovation initiatives with business objectives to ensure a coherent and effective approach. The diverse range of services not only ensures a smooth deployment but also contributes significantly to the business expansion.

As per function, the business process segment is expected to generate significant revenues for the market during 2023 and 2032, as businesses favor the diligence of function-specific tools. The tools provide precision, adaptability, and enhanced effectiveness. By integrating innovation-specific software, project management solutions, and collaborative platforms, companies can efficiently manage their innovation pipeline, from concept inception to market realization. The ability to ensure effective resource allocation and risk mitigation is favoring the adoption of tools for business processes.

Europe innovation management market is anticipated to record a significant CAGR through 2032 backed by the steadfast commitment to R&D. Stringent regulatory frameworks encourage innovation, coupled with a supportive environment for startups and SMEs. Green technologies, eco-friendly practices, and funding programs supporting innovation and digital transformation play a pivotal role in the rising demand for management solutions. This factor along with collaborative initiatives between academia and business will further stimulate the regional market growth.

Product Code: 6982

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Innovation management market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Component trends
2.5 Deployment trends
2.6 Function trends
2.7 Application trends
2.8 Enterprise size trends
2.9 End-user trends

Chapter 3 Innovation Management Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Deployment innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing Competitive Pressure
  - 3.10.1.2 Growing Digital Transformation
  - 3.10.1.3 Increasing Globalization
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Lack of Awareness and Education
  - 3.10.2.2 Resistance to Change
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Accenture
- 4.3.2 Planview
- 4.3.3 SAP SE
- 4.3.4 Qmarkets
- 4.3.5 Brightidea
- 4.3.6 Planbox
- 4.3.7 HYPE Innovation
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Innovation Management Market Estimates & Forecast, by Component (Revenue)

5.1 Key trends, by component
5.2 Software
5.3 Services

Chapter 6 Innovation Management Market Estimates & Forecast, By Deployment (Revenue)

6.1 Key trends, by deployment
6.2 Cloud
6.3 On-premises

Chapter 7 Innovation Management Market Estimates & Forecast, By Function (Revenue)

7.1 Key trends, by function
7.2 Product Development
7.3 Business Process

Chapter 8 Innovation Management Market Estimates & Forecast, By Application (Revenue)

8.1 Key trends, by application
8.2 Product Research & Development Platforms
8.3 Marketing
8.4 Design & Idea Platforms
8.5 Collective Intelligence & Prediction Platforms
8.6 Human Resources & Freelance Platforms

Chapter 9 Innovation Management Market Estimates & Forecast, by Enterprise Size (Revenue)

9.1 Key trends, by enterprise size
9.2 Small and medium enterprises
9.3 Large enterprises

Chapter 10 Innovation Management Market Estimates & Forecast, By End-user (Revenue)

10.1 Key trends, by end-user
10.2 BFSI
10.3 Healthcare
10.4 Education
10.5 Media & Entertainment
10.6 IT & Telecommunication
10.7 Retail
10.8 Government
10.9 Others

Chapter 11 Innovation Management Market Estimates & Forecast, By Region (Revenue)

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.3.7 Nordics
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Southeast Asia
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE

Chapter 12 Company Profiles

12.1 Accenture plc
12.2 Planview
12.3 Questel
12.4 SAP SE
12.5 Sopheon
12.6 Qmarkets
12.7 Brightidea
12.8 Planbox
12.9 HYPE Innovation
12.10 IdeaScale
12.11 Innosabi
12.12 Viima
12.13 Exago
12.14 inno360
12.15 Cognistreamer
12.16 Crowdcity
12.17 Yambla
12.18 Ideawake
12.19 Induct