Market Overview:
The global technology scouting tools market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for technology scouting tools from large enterprises and SMEs across different regions. In addition, the growing trend of cloud-based technology scouting tools is also contributing to the growth of this market. However, lack of awareness about technology scouting tools among end users is restraining the growth of this market.
Product Definition:
Technology Scouting Tools are used to identify and track technologies that may be of interest to the organization. They can help identify potential threats or opportunities, and track competitor activity in the space.
Cloud Based:
Cloud-based technology scouting tools are software-as-a-service solutions that provide a platform for data collection, storage, and analysis of the candidate application. The cloud based solution is used by the organization to conduct technical interviews remotely. It helps in collecting information from different sources such as social media, websites, etc., which aids in screening and evaluating candidates before inviting them for an interview.
On-Premises:
On-premises technology scouting tools are software or a set of software that is installed and used on the organization's own server or workstation. The data entered in these tools is not sent to the cloud, instead it stays within the premises of the organization. These tools provide access to all employees of an organization for performing their daily tasks more efficiently and effectively.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the presence of a large number of companies in different industries across the globe. Technology scouting tools are widely used by large enterprises as they offer efficient and effective solutions for technical hiring process.
The small and medium-sized enterprise (SME) segment is expected to register a significant CAGR over the forecast period owing to increasing penetration of technology scouting tools among SMEs due to their preference for cost-effective technologies that help them enhance their productivity without compromising with quality or service delivery. Technology scouting tool also helps SMEs identify future opportunities through research & analysis on emerging technologies, which includes robotics, big data analytics, cloud computing and mobile applications among others.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of global technology scouting tools. The region accounted for more than 35% revenue share in 2017 and is estimated to reach USD X million by 2030. Early adoption of cloud-based solutions among enterprises has resulted in high market penetration rates in North America, which will continue driving growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period due to increasing investments from multinationals operating across various industry verticals such as BFSI, IT & telecom, pharmaceuticals and others for gaining an advantage over their competitors through enhanced business intelligence capabilities offered by these solutions.
Growth Factors:
- Increasing demand for better and faster technology scouting tools from the corporate sector to keep up with the competition.
- Growing popularity of big data and analytics, which is helping technology scouting tools providers to offer more sophisticated products and services.
- Proliferation of mobile devices and apps has created new opportunities for technology scouting tools providers to reach out to a wider audience.
- Emergence of cloud-based solutions that are making it easier for businesses to access technology scouting tools without having to invest in on-premise infrastructure.
Scope Of The Report
Report Attributes
Report Details
Report Title
Technology Scouting Tools Market Research Report
By Type
Cloud Based, On-Premises
By Application
Large Enterprises, SMEs
By Companies
Wellspring, Ezassi, upBOARD, ITONICS, ResoluteAI, NetBase Quid, Innography IP intelligence, InnovationQ, Lens, Orbit Intelligence, PatSnap Discovery, Q-scout
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Technology Scouting Tools Market Report Segments:
The global Technology Scouting Tools market is segmented on the basis of:
Types
Cloud Based, On-Premises
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, 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:
- Wellspring
- Ezassi
- upBOARD
- ITONICS
- ResoluteAI
- NetBase Quid
- Innography IP intelligence
- InnovationQ
- Lens
- Orbit Intelligence
- PatSnap Discovery
- Q-scout
Highlights of The Technology Scouting Tools 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-Premises
- By Application:
- Large 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 Technology Scouting Tools 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Technology scouting tools are a set of software, hardware, and other tools used by technology companies to assess the potential market for new products or services.
Some of the major players in the technology scouting tools market are Wellspring, Ezassi, upBOARD, ITONICS, ResoluteAI, NetBase Quid, Innography IP intelligence, InnovationQ, Lens, Orbit Intelligence, PatSnap Discovery, Q-scout.
The technology scouting tools 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 Technology Scouting Tools 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 Technology Scouting Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Technology Scouting Tools 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 Technology Scouting Tools 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 Technology Scouting Tools Market Size & Forecast, 2018-2028
4.5.1 Technology Scouting Tools Market Size and Y-o-Y Growth
4.5.2 Technology Scouting Tools Market Absolute $ Opportunity
Chapter 5 Global Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Technology Scouting Tools 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 Technology Scouting Tools 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 Technology Scouting Tools Analysis and Forecast
9.1 Introduction
9.2 North America Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premises
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 Technology Scouting Tools Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 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 Technology Scouting Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premises
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 Technology Scouting Tools Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 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 Technology Scouting Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premises
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 Technology Scouting Tools Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 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 Technology Scouting Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Technology Scouting Tools 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 Technology Scouting Tools Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premises
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 Technology Scouting Tools Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 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) Technology Scouting Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Technology Scouting Tools 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) Technology Scouting Tools Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premises
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) Technology Scouting Tools Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 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 Technology Scouting Tools Market: Competitive Dashboard
14.2 Global Technology Scouting Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wellspring
14.3.2 Ezassi
14.3.3 upBOARD
14.3.4 ITONICS
14.3.5 ResoluteAI
14.3.6 NetBase Quid
14.3.7 Innography IP intelligence
14.3.8 InnovationQ
14.3.9 Lens
14.3.10 Orbit Intelligence
14.3.11 PatSnap Discovery
14.3.12 Q-scout
