Europe, Middle East & Africa Innovation Management Market worth USD 563.96 Million by 2023

The report "Europe, Middle East & Africa Innovation Management Market - Trends Analysis, Product Usability Profiles & Forecasts to 2023", published by 360iResearch, states that the europe, middle east & africa market was valued at USD 111.66 million in 2016 and is projected to reach USD 563.96 million by 2023, growing at a CAGR of 26.03% from 2016 to 2023.

The major forces driving the growth of the innovation management market include the need for continuous innovation to stay ahead in competition and capitalising the idea generation. However certain factors such as the lack of awareness may hinder the market growth. In the middle of difficulty lies opportunity such as the discovering innovation with modern technologies. The possible challenges for the market growth is building an innovation culture. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on industry, the europe, middle east & africa 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 europe, middle east & africa innovation management market is studied across United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia.

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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