The global intellectual property management software market size is expected to be worth around US$ 440.6 million by 2030, according to a new report by Vision Research Reports.
The global intellectual property management software market size was valued at US$ 140.3 million in 2020 and is anticipated to grow at a CAGR of 17.6% during forecast period 2021 to 2030.
|Market Size||USD 440.6 million by 2030|
|Growth Rate||CAGR of 17.6% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Component, Deployment type, End-user, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Anaqua Inc.; Innovation Asset Group Inc.; Gemalto NV; CPA Global; Questel|
Development in the Information and Communication Technologies (ICT) sector, coupled with the growing awareness and adoption of intellectual property management software across emerging economies such as China and India, are expected to offer lucrative opportunities for the market growth.
Furthermore, increasing government initiatives toward creating a digital infrastructure and regulatory framework to monetize and protect creations are also expected to contribute to the growth of the market. For instance, China’s central government has developed a specialized intellectual property division in courts to deal with infringement and is committed to streamlining enforcement processes for trademark violations.
By Component Analysis
Based on component, the market has been segmented into service and software. The software segment dominated the market and accounted for over 53.1% revenue share in 2020.
The service segment is anticipated to expand at the highest CAGR of 16.0% over the forecast period. IP services play a vital role in the deployment process of intellectual property management software.
By Deployment Type Analysis
Based on deployment type, the market has been segmented into on-premise and cloud. The on-premise segment dominated the market and accounted for a revenue share of over 50.9% in 2020. This software is installed and operated from an organization’s internal infrastructure.
The cloud segment is anticipated to expand at a CAGR of 16.3% from 2021 to 2028. The segment growth can be attributed to the increasing adoption of cloud deployment services owing to factors such as on-demand availability of solutions and services and no setup cost.
By End-user Analysis
The commercial segment accounted for a share of 62.7% of the overall market in 2020. The increasing application of patents by various industries globally is contributing to the segment growth. The commercial segment has further been segmented into BFSI, IT and telecom, automotive, technology, and others.
The individual segment is anticipated to expand at a CAGR of 17.0% over the forecast period. Intellectual property management software solutions help individuals to file a patent and track their application seamlessly, thereby supporting the segment growth.
By Application Analysis
Based on application, the market has further been segmented into patent management, trade management, and licensing. The licensing application segment accounted for over 55.6% share of the global revenue in 2020. Through licensing, patent owners can allow another party to use their intellectual property.
The patent management segment is anticipated to expand at a CAGR of 16.1% from 2021 to 2028. The growth can be attributed to the increasing number of patent applications over the years.
By Regional Analysis
North America dominated the market and accounted for over 40.0% share of the global revenue in 2020. The growth in the region can be attributed to the high awareness about intellectual properties and their management among end-users, a high number of internet users in the U.S. and Canada, and the presence of players such as Anaqua Inc.; CPA Global; and Questel in the U.S. Meanwhile, the market in the Asia Pacific region is anticipated to expand at the highest CAGR of 18.4% from 2021 to 2028.
Innovation Asset Group Inc.
By Deployment Type
IT & Telecom
Middle East & Africa
The Intellectual Property Management Software market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Intellectual Property Management Software market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Intellectual Property Management Software market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Intellectual Property Management Software market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Intellectual Property Management Software market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Intellectual Property Management Software capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Intellectual Property Management Software by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Intellectual Property Management Software market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Intellectual Property Management Software market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Intellectual Property Management Software market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Intellectual Property Management Software industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Intellectual Property Management Software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Intellectual Property Management Software market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Intellectual Property Management Software market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Intellectual Property Management Software market. These factors have benefited the growth of the global market for Intellectual Property Management Software. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Intellectual Property Management Software. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Intellectual Property Management Software are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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