Market Overview:
The global innovation program 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 innovation program management software and the growing need for better collaboration among team members working on different projects. Additionally, the rising adoption of innovative technologies by small and medium-sized enterprises (SMEs) is also contributing to the growth of this market. However, lack of awareness about innovation program management software among end users is restraining the growth of this market.
Product Definition:
Innovation program management software is a tool used to help manage and track innovation programs. It can help organize ideas, track progress, and assign tasks. The importance of such software depends on the organization's needs. For some, it may be critical for managing programs and tracking progress. Others may find it helpful for organizing ideas and assigning tasks but not necessary for managing the program itself.
Cloud-based:
Cloud-based IPM software is a type of software that helps organizations in managing their IP assets. It also helps them to share and access data across various departments easily. The main function of this cloud-based IPM software is to help the organization in efficiently managing their intellectual property portfolio by providing easy access, tracking, and management capabilities from any device or location with no additional costs.
The global cloud-based IPM software market size was valued at USD 1,1961.
On-premise:
On-premise software is a type of cloud computing software that is installed and used on the end user's own computers or servers. The end-users can access the programs remotely using their own equipment. On-premise software solutions are customized to meet the individual needs of organizations, which include data security and privacy protection, along with easy accessibility from any location in case of emergency.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Large enterprises are generally more comfortable with existing systems and are thus averse to adopting new systems. However, given that they generate higher revenues, have a larger number of employees and undertake complex projects, they can also be more expensive as compared to SMEs or other medium-sized enterprises (MMEs). The small & medium-sized enterprise (SME) application segment is estimated to witness the highest CAGR from 2018 to 2030 owing primarily to increasing penetration of digital innovation program management software among SMEs across various industry verticals.
The product has found applications in project portfolio management as well as financial budgeting & forecasting within an organization.
Regional Analysis:
The market in Asia Pacific and Latin America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government investments in infrastructure development, rising adoption of cloud technology, and growing awareness about the benefits of IT investment. Moreover, increasing number of SMEs that are adopting innovation programs is anticipated to drive demand for program management software over the forecast period.
Asia Pacific region accounted for more than 50% share in 2016 owing to high adoption rates of innovative technologies across various sectors such as manufacturing, healthcare & life sciences, BFSI etc., which has led it being called the 'innovation capital' by some international organizations such as World Bank Group and United Nations Conference on Trade & Development (UNCTAD). This scenario is projected to propel regional growth over the next eight years.
Growth Factors:
- Increasing demand for Innovation Program Management Software from small and medium-sized businesses (SMBs) due to the benefits offered by such software, such as improved communication and collaboration, increased efficiency, and reduced costs.
- The increasing popularity of agile methodology among organizations is driving the demand for Innovation Program Management Software as it helps manage projects in an agile way.
- The growing trend of digital transformation is also fueling the demand for Innovation Program Management Software as it enables companies to identify new opportunities and improve their competitive edge.
- Rapid advancements in technology are resulting in changes in how businesses operate which is creating a need for better tools to manage innovation programs effectively; this is benefiting the growth of the Innovation Program Management Software market. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Innovation Program 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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Innovation Program Management Software Market Report Segments:
The global Innovation Program 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 Innovation Program 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 Innovation Program 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
- Market Entry Strategies
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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?
Innovation Program Management Software is a software application that helps organizations manage their innovation programs. It includes features such as program management, project tracking, and resource allocation.
Some of the major companies in the innovation program management software market are Ezassi, Wazoku, Spigit, Brightidea, SAP, Innolytics GmbH, Exago, Ideawake, Idea Drop, Crowdicity, Planbox, IdeaScale, HYPE Innovation.
The innovation program management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Innovation Program 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 Innovation Program Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Innovation Program 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 Innovation Program 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 Innovation Program Management Software Market Size & Forecast, 2018-2028
4.5.1 Innovation Program Management Software Market Size and Y-o-Y Growth
4.5.2 Innovation Program Management Software Market Absolute $ Opportunity
Chapter 5 Global Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Innovation Program 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 Innovation Program 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 Innovation Program 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 Innovation Program Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Innovation Program 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 Innovation Program 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 Innovation Program 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) Innovation Program Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Innovation Program 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) Innovation Program 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) Innovation Program 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 Innovation Program Management Software Market: Competitive Dashboard
14.2 Global Innovation Program 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
