Global Innovation Management Market Size & Outlook

The innovation management industry worldwide is expected to reach a projected revenue of US$ 2,919,510.5 million by 2030. A compound annual growth rate of 9.5% is expected of the worldwide innovation management industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,548,174.4
Forecast, 2030 (US$M)
$2,919,510.5
CAGR, 2024 - 2030
9.5%
Report Coverage
Worldwide

Global innovation management market, 2018-2030 (US$M)

Global innovation management market highlights

  • The global innovation management market generated a revenue of USD 1,548,174.4 million in 2023 and is expected to reach USD 2,919,510.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.5% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 1,548,174.4 million in 2023.
  • Solution is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 1,548,174.4 million
Market revenue in 2030USD 2,919,510.5 million
Growth rate9.5% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentSolution
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution


Other key industry trends

  • In terms of revenue, the North America accounted for 41.2% of the global innovation management market in 2023.

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Innovation Management Market Scope

Innovation management market segmentation & scope
Services
Professional Services
Managed Services
Deployment Mode
Cloud
On-premises
Organization Size
SMEs
Large Enterprises
Function
Product Development
Business Processes
Application
Project Management Platforms
Marketing Platforms
Design Platforms
Idea Management Platforms
Collective Intelligence & Prediction Platforms
Human Resources Platforms
Other Application
End Use
BFSI
Healthcare
Education
Media & Entertainment
IT & Telecommunication
Retail
Government
Other End Use
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Innovation Management Market Companies

Name Profile # Employees HQ Website

Global innovation management market size, by regions, 2017-2030 (US$M)

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