Market Overview:
The global idea management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based and on-premise idea management software solutions by large enterprises and SMEs across the globe. Additionally, the growing trend of digital transformation is also fueling the growth of this market.
Product Definition:
Idea management software is a tool used to manage and track ideas. It can be used to store ideas, track who came up with them, and how they are progressing. This can help keep everyone on the same page and make sure that good ideas are not lost in the shuffle.
Cloud-based:
Cloud-based software is a type of software service, which involves the use of shared computer hardware and allows users to access data from remote locations. The cloud-based technology provides various advantages such as increased efficiency, reduced costs and time along with improved security & privacy protection. It also helps in eliminating issues related to infrastructure management such as power consumption, cooling fans etc., thus reducing maintenance costs associated with physical servers.
On-premise:
On-premise software is a type of cloud computing system that involves the installation of components on computers present within the organization. The data and applications are installed and run from the internal network, thereby reducing external dependence. On-premise software solutions have significant advantages such as easy integration with business processes, high security levels, control over information technology infrastructure and flexibility in terms of pricing models among others which has increased their demand across various industries including BFSI & Insurance among others.
Application Insights:
The large enterprises segment dominated the global idea management software market in 2017. The segment is expected to retain its dominance over the forecast period, owing to factors such as extensive usage of off-the-shelf solutions by large organizations and high investments by companies in developing new products for their businesses. For instance, Intuit Inc., a U.S.-based multinational company providing financial and tax preparation software applications has developed several innovative solutions including QuickBooks Self-Employed, QuickBooks ProAdvisor Edition for SMEs and TurboTax Live Assist which helps small business owners file their taxes efficiently.
The SMEs' segment is expected to exhibit significant growth over the forecast period owing to increasing penetration of small businesses across various regions coupled with rising awareness regarding effective idea management practices among these firms. In addition, growing penetration of mobile devices has enabled consumers with easy access to enterprise solution from anywhere at any time through App stores such as Google Play & App Store operated by Google LLC., Apple Inc.
Regional Analysis:
Europe accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing government initiatives, such as e-Government initiative by the European Commission (EC), which aims at promoting online services for citizens. Furthermore, growing adoption of cloud computing and digitalization across various sectors in Europe are contributing towards regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness about global idea management software among SMEs in emerging economies like China and India. These countries have a large number of small enterprises that lack resources but need effective solutions that help them manage their business efficiently with improved customer experience along with reduced operating costs; hence driving demand for global idea management software among these small enterprises. Moreover, increased spending on infrastructure development has led IT companies to offer services through SaaS model thereby driving demand across Asia Pacific region during the forecast period from 2018 To 2030 (see Figure 1).
Growth Factors:
- Increasing demand for innovation and creativity in businesses
- Rapid adoption of idea management software by small and medium-sized businesses
- Rising popularity of social media platforms for sharing ideas
- Growing demand for cloud-based solutions
- Emergence of new applications and features
Scope Of The Report
Report Attributes
Report Details
Report Title
Idea Management Software Market Research Report
By Type
Cloud-based, On-premise
By Application
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
By Companies
Ezassi, Wazoku, Spigit, Brightidea, SAP, Innolytics GmbH, Exago, Ideawake, Idea Drop, Crowdicity, Planbox, IdeaScale, HYPE Innovation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Idea Management Software Market Report Segments:
The global Idea Management Software market is segmented on the basis of:
Types
Cloud-based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ezassi
- Wazoku
- Spigit
- Brightidea
- SAP
- Innolytics GmbH
- Exago
- Ideawake
- Idea Drop
- Crowdicity
- Planbox
- IdeaScale
- HYPE Innovation
Highlights of The Idea Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premise
- By Application:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Idea Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Idea management software is a computer program that helps individuals and organizations develop, manage, and track ideas. It can help people identify potential solutions to problems, generate new ideas, and track the progress of those ideas.
Some of the key players operating in the idea management software market are Ezassi, Wazoku, Spigit, Brightidea, SAP, Innolytics GmbH, Exago, Ideawake, Idea Drop, Crowdicity, Planbox, IdeaScale, HYPE Innovation.
The idea management software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Idea Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Idea Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Idea Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Idea Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Idea Management Software Market Size & Forecast, 2018-2028
4.5.1 Idea Management Software Market Size and Y-o-Y Growth
4.5.2 Idea Management Software Market Absolute $ Opportunity
Chapter 5 Global Idea Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Idea Management Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Idea Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Idea Management Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 Small and Medium-sized Enterprises (SMEs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Idea Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Idea Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Idea Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Idea Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Idea Management Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Idea Management Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 Small and Medium-sized Enterprises (SMEs)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Idea Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Idea Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Idea Management Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Idea Management Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 Small and Medium-sized Enterprises (SMEs)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Idea Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Idea Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Idea Management Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Idea Management Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 Small and Medium-sized Enterprises (SMEs)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Idea Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Idea Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Idea Management Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Idea Management Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 Small and Medium-sized Enterprises (SMEs)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Idea Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Idea Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Idea Management Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Idea Management Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 Small and Medium-sized Enterprises (SMEs)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Idea Management Software Market: Competitive Dashboard
14.2 Global Idea Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ezassi
14.3.2 Wazoku
14.3.3 Spigit
14.3.4 Brightidea
14.3.5 SAP
14.3.6 Innolytics GmbH
14.3.7 Exago
14.3.8 Ideawake
14.3.9 Idea Drop
14.3.10 Crowdicity
14.3.11 Planbox
14.3.12 IdeaScale
14.3.13 HYPE Innovation
