DUBLIN, Aug 5, 2020 / PRNewswire / – The “Innovation management – Trajectory and analysis of the world market” report was added to ResearchAndMarkets.com offer.
The editor brings years of research experience to the 7th edition of this report. The 108-page report presents concise information on the impact of the pandemic on production and the buy side for 2020 and 2021. A short-term gradual recovery by key geography is also discussed.
Global innovation management market to reach $ 3.5 billion by 2027
In the midst of the COVID-19 crisis, the global innovation management market is estimated to be US $ 682.5 million in 2020, is expected to reach a revised size of US $ 3.5 billion by 2027, growing at a CAGR of 26.2% over the period 2020-2027.
Software, one of the segments analyzed in the report, is expected to register 25.9% CAGR and reach 2.6 billion US dollars at the end of the analysis period. After an initial analysis of the business implications of the pandemic and the resulting economic crisis, the growth of the Services segment is readjusted to a revised CAGR of 27.1% for the next 7-year period.
The US market is estimated at $ 204.5 million, while China is expected to grow at 25.5% CAGR
The innovation management market in the United States is estimated at 204.5 million US dollars in the year 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 602.2 million by 2027, with a CAGR of 25.5% over the analysis period 2020 to 2027. Other notable geographies include Japan and Canada, each forecasts growth of 23.5% and 22.4% respectively over the period 2020-2027. In Europe, Germany is expected to grow at around 18.4% CAGR.
Competitors identified in this market include, among others:
- Brightidea, Inc.
- Crowdity Ltd.
- Exago inc.
- Hype Innovation, Inc.
- Idea Scale
- Imaginatik PLC.
- Inno360, Inc.
- Innosabi GmbH
- Planbox Inc.
- SAP SE
Main topics covered:
I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT
1. MARKET OVERVIEW
- Market shares of global competitors
- Global innovation management competitor market share scenario (in%): 2019 and 2025
- Impact of Covid-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total number of profiled companies: 42
For more information on this report, visit https://www.researchandmarkets.com/r/73lrxi
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SOURCE Research and Markets