Purchase management market to reach $7.88B by 2030 at 5.6% CAGR, driven by cloud procurement, real-time analytics, automation, and supply chain risk management.
Production planning market to reach $13.08B by 2030 at 11.0% CAGR, driven by AI optimization, smart factories, IoT integration, and cloud-based planning tools.
Product development market to reach $21.01B by 2030 at 9.6% CAGR, driven by AI design, digital twins, cloud engineering tools, and faster time-to-market demand.
Problem management market to reach $2.29B by 2030 at 14.1% CAGR, driven by AIops, cloud ITSM, automation, and real-time observability demand.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.