INNOVATION MANAGEMENT PLATFORMS MARKET STATUS AND TREND ANALYSIS 2017-2026


The innovation management market size is expected to grow from USD 1.0 billion in 2021 to USD 1.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. Innovation management solutions are rapidly gaining acceptance worldwide by large enterprises and SMEs due to various benefits, including the rise in digitization and emerging trend of workplace transformation, reduced costs, efficient collaborations, and reduced time to market new products.

Based on the Components:
Solution
Services
Based on the Function:
Product Development
Business Processes
Based on the services:
Consulting
System Integration
Training, Support, and Maintenance
Based on the Deployment Mode:
On-premises
Cloud
Based on the Organization Size:
Large Enterprises
Small and Medium-Sized Enterprises (SMEs)
Based on the Vertical:
BFSI
Retail and eCommerce
Healthcare and pharmaceuticals
Manufacturing
IT and telecommunications
Transportation and logistics
Others (Energy And Utilities, Manufacturing, Media and Entertainment, and Education).

And the major players included in the report are
Brightidea
Qmarkets
Imaginatik
Hype Innovation
Ideascale
Innosabi
Cognistreamer
Crowdicity
Planbox
Spigit
Inno360
Exago
SAP