Innovation Management Market: Trends, Growth Drivers, and Future Outlook
In today’s fast-paced digital world, Innovation Management (IM) has become a critical pillar of business strategy, evolving in tandem with digital transformation and the rise of emerging technologies. With the rapid opening of global markets and the increasing accessibility of international trade, innovation is no longer a luxury—it's a necessity. Businesses across industries must continuously innovate to stay relevant, competitive, and agile in the face of constant change. Digital transformation has dramatically reshaped the business landscape. Traditional brick-and-mortar limitations are fading, as companies can now operate virtually from anywhere in the world. This shift allows businesses to reach global audiences without establishing a physical presence, reducing overhead costs and accelerating expansion. It also creates an environment where innovation can flourish—digital tools, platforms, and connectivity make it easier to test ideas, prototype rapidly, and iterate based...