(Entertainment-NewsWire.com, October 12, 2017 ) According to Publisher, the Global Innovation Management market is expected to grow from $288.25 million in 2016 to reach $1,963.17 million by 2023 with a CAGR of 31.5%. Rising requirement for crowd sourcing innovations from different organizations, shifting work cultures and growing scope for companies due to the development of new and innovative products are some drivers which are positively affecting the market. However, incompetence of enterprises to follow reliable RoI based on innovation management solutions is a major restraint creating a hurdle for the market growth.
By application, collective intelligence & prediction platforms segment is anticipated to grow at the highest CAGR due to increasing usage of crowd sourcing innovations to create ideas. North American market dominated the global market due to extensive usage of new technology and growing technological developments.
Some of the key players in this market include Innosabi GmbH, Cognistreamer, Qmarkets, Brightidea Inc., SAP SE, Spigit, Inc., Imaginatik PLC, Hype Innovation, Inc., Exago, Inno360, Inc., Ideascale, Crowdicity Ltd. and Planbox, Inc.
End Users Covered: -Healthcare & Pharmaceuticals -Automotive & Manufacturing -Transportation & Logistics -Aerospace & Defense -Public Sector & Education -Retail & Consumer Goods -IT, Media, and Communication Technology -Banking, Financial Services, and Insurance -Other End Users
Types Covered: -Services - Training & Education Services - Consulting Services - System Design & Integration Services -Software
-rganization Sizes Covered: -Large Enterprises -Small & Medium Enterprises (SMES)
Applications Covered: -Marketing, Design, and Idea Platforms -Product Research & Development Platforms -Collective Intelligence & Prediction Platforms -Human Resource & Freelancers Platforms
Regions Covered: -North America - US - Canada - Mexico -Europe - Germany - France - Italy - UK - Spain - Rest of Europe -Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific -Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
Company Profiles 12.1 Innosabi GmbH 12.2 Cognistreamer 12.3 Qmarkets 12.4 Brightidea Inc. 12.5 SAP SE 12.6 Spigit, Inc. 12.7 Imaginatik PLC 12.8 Hype Innovation, Inc. 12.9 Exago 12.10 Inno360, Inc. 12.11 Ideascale 12.12 Crowdicity Ltd. 12.13 Planbox, Inc.
