Future-Proofing Innovation: Blockchain and AI as the New Game Changers
Webersnits07 Feb, 2025News
The global innovation management market size is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.8%. Blockchain’s enhanced security and transparency fortify data protection in innovation management, luring organizations seeking secure idea-sharing platforms. Additionally, smart contracts and tokenization streamline incentive systems, promoting collaboration, while blockchain’s cross-industry applications fuel demand for innovative solutions, driving growth of innovation management market.
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