The Global Technology Scouting Tools Market Size is estimated to register 6.8% growth over the forecast period from 2023 to 2030.
The market growth is driven by an increasing ongoing digital transformation in various industries is driving the need for advanced technology scouting tools to stay competitive and agile. Leading Companies focusing on Rapid Technological Advancements, Globalization and Market Expansion, Industry-Specific Solutions, Big Data Analytics, Regulatory Compliance, and others to boost market shares in the industry.
Technology scouting tools are software solutions used by organizations to discover, evaluate, and integrate emerging technologies and innovations into their strategies. They encompass components like data analysis, search and discovery, collaboration features, and evaluation criteria. This market is driven by the need for innovation, globalization, open innovation strategies, digital transformation, regulatory compliance, and cost efficiency. Challenges include handling data overload and ensuring data quality and security. Key players in this space include Idea Connection, Innoget, and Spigit, with trends focusing on AI integration, collaborative platforms, customization, and a growing emphasis on sustainability and environmental technologies. Please note that this information is as of September 2021 and may have evolved since then.
The technology scouting tools market is rapidly expanding due to the growing reliance of businesses on these tools to discover and assess new technologies. Factors contributing to this growth include the need to keep up with the fast pace of technological innovation, globalization, the rise of open innovation, and the digital transformation of industries. Integration of AI and machine learning enhances their capabilities, making them valuable for predicting trends and making data-driven decisions, positioning this market for continued expansion.
The Technology Scouting Tools Market is witnessing a growing demand for customized and personalized solutions, driven by businesses' recognition of the need to align these tools with their specific industry challenges and strategic objectives. Customization enables a more targeted approach, ensuring that the technologies identified closely match an organization's unique needs, regulatory requirements, and market demands. This trend also emphasizes the importance of user-friendly interfaces that can be adapted to various teams and professionals, enhancing the efficiency of the technology scouting process.
The Technology Scouting Tools Market is witnessing a trend towards the integration of predictive analytics, enabling businesses to use historical data and machine learning to forecast future technology trends and make more informed decisions about emerging technologies. This data-driven approach enhances the efficiency and effectiveness of technology scouting, giving organizations a competitive edge by proactively identifying innovations that are likely to impact their industry or market.
The Global Technology Scouting Tools Market is analyzed across On-premise, Cloud-based, Web-Based, and others. Cloud-based is poised to register the fastest growth. The cloud-based technology scouting tools market has been experiencing growth, driven by the advantages of scalability, accessibility, and cost-effectiveness. These tools, hosted in the cloud, facilitate the secure storage, analysis, and collaboration of technology scouting data from anywhere, reducing the need for extensive on-premises infrastructure. The COVID-19 pandemic accelerated the adoption of cloud technologies and remote work, further boosting the demand for cloud-based technology scouting tools, which enable organizations to streamline innovation efforts and stay competitive in a fast-paced technological landscape.
The Global Technology Scouting Tools Market is analyzed across various Solution Providers including Researchers, Start-Ups, Experts, Supply Chains, Employees, Universities, Customers, Inventors, and others. Of these, Start-Ups held a significant market share in 2023. The startup technology scouting tools market is growing, driven by the need for established organizations to identify and partner with startups for innovation. These tools assist in discovering and evaluating early-stage companies that align with strategic goals and offer features for due diligence and collaboration. They play a crucial role in fostering open innovation and staying competitive in a dynamic business environment.
By Deployment Mode
By Solution Providers
By Organization Size
By Region
*List not exhaustive
Technology Scouting Tools Market Outlook 2023
1 Market Overview
1.1 Introduction to the Technology Scouting Tools Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Technology Scouting Tools Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Technology Scouting Tools Market Companies with Area Served
4.2.2 Products Offerings Global Technology Scouting Tools Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Technology Scouting Tools Market Trends
6.1 Global Technology Scouting Tools Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global Technology Scouting Tools Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global Technology Scouting Tools Revenue (USD Million) and CAGR (%) by Regions (2018-2030)
7 Global Technology Scouting Tools Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Technology Scouting Tools Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Technology Scouting Tools Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Technology Scouting Tools Development Regional Status and Outlook
8.1 Global Technology Scouting Tools Revenue (USD Million) By Regions (2018-2022)
8.2 North America Technology Scouting Tools Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Technology Scouting Tools Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Technology Scouting Tools Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Technology Scouting Tools Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Technology Scouting Tools Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Technology Scouting Tools Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
8.5 South America Technology Scouting Tools Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Technology Scouting Tools Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Technology Scouting Tools Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Technology Scouting Tools Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Technology Scouting Tools Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Technology Scouting Tools Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Technology Scouting Tools Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Technology Scouting Tools Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Technology Scouting Tools Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Technology Scouting Tools Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Technology Scouting Tools Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Technology Scouting Tools Development Regional Status and Outlook Forecast
11.1 Global Technology Scouting Tools Revenue (USD Million) By Regions (2023-2030)
11.2 North America Technology Scouting Tools Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Technology Scouting Tools Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Technology Scouting Tools Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Technology Scouting Tools Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Technology Scouting Tools Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Technology Scouting Tools Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Technology Scouting Tools Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Technology Scouting Tools Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Technology Scouting Tools Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Technology Scouting Tools Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Technology Scouting Tools Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Technology Scouting Tools Revenue (USD Million), by Applications (2023-2030)
11.5 South America Technology Scouting Tools Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Technology Scouting Tools Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Technology Scouting Tools Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Technology Scouting Tools Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Technology Scouting Tools Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Technology Scouting Tools Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Technology Scouting Tools Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Technology Scouting Tools Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Technology Scouting Tools Market Companies with Areas Served
Table 3 Products Offerings Global Technology Scouting Tools Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Technology Scouting Tools Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global Technology Scouting Tools Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global Technology Scouting Tools Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 11 Global Technology Scouting Tools Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Technology Scouting Tools Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Technology Scouting Tools Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Technology Scouting Tools Market Share (%) By Regions (2018-2022)
Table 16 North America Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Table 17 North America Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 18 North America Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Table 26 South America Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 27 South America Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 33 Global Technology Scouting Tools Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Technology Scouting Tools Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Technology Scouting Tools Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Technology Scouting Tools Revenue (USD)By Country (2023-2030)
Table 38 North America Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 39 North America Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Table 47 South America Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 48 South America Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Technology Scouting Tools Revenue Market Share (%) By Type (2022)
Figure 5 Global Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Technology Scouting Tools Revenue Market Share (%) By Applications (2022)
Figure 7 Global Technology Scouting Tools Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Technology Scouting Tools Market Share (%) By Regions (2022)
Figure 9 North America Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Technology Scouting Tools Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Technology Scouting Tools Revenue Market Share (%) By Type (2030)
Figure 26 Global Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Technology Scouting Tools Revenue Market Share (%) By Applications (2030)
Figure 28 Global Technology Scouting Tools Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Technology Scouting Tools Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Technology Scouting Tools Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
By Deployment Mode
By Solution Providers
By Organization Size
By Region