The report "Asia-Pacific Innovation Management Market - Trends Analysis, Product Usability Profiles & Forecasts to 2023", published by 360iResearch, states that the asia-pacific market was valued at USD 65.24 million in 2016 and is projected to reach USD 391.19 million by 2023, growing at a CAGR of 29.16% from 2016 to 2023.
The major forces driving the growth of the innovation management market include the need to maintain peace with evolving technology and to gain insights and allow growth from idea generation. However certain factors such as the processing ideas efficiently may hinder the market growth. In the middle of difficulty lies opportunity such as the integration with social media. The possible challenges for the market growth is idea implementation is a strategic call. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the asia-pacific innovation management market is studied across aerospace & defense, automotive & transportation & logistics, banking, financial services & insurance, building, construction & real estate, consumer goods & retail, education, energy & utilities, government & public sector, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, and travel & hospitality. Based on geography, the asia-pacific innovation management market is studied across China, Japan, India, and Australia.
The report features a competitive scenario of the innovation management market and provides inclusive analysis of key growth strategies adopted by major players. Key products profiled in the study are Brightidea Platform, Direct Care Innovations, Exago Smart, IdeaScale, Inteum, Oracle Innovation Management Cloud, PropelPLM Suite, Qmarkets Innovation Management Solutions, SPIGIT Idea Management, and inno360 Enterprise Innovation Management Platform.
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