Intellectual Property Software Market - Snapshot

Intellectual property refers to the inventions, symbols, names, and images used by organizations, and other properties such as works of art. Intellectual property software enables users and organizations to effectively and efficiently manage and protect their intellectual properties. In addition, intellectual property software also helps to gain and maintain patents, trademarks, licenses, rights, and agreements across the intellectual property lifecycle. It supports the business across a wide range of applications which includes prior art search, intellectual property filings, product teardowns, patent landscape, patent portfolio analysis, business strategies, and in patent portfolio mining, and licensing/ litigation support.

Based on component, the intellectual property software market has been segmented into software, and services. The software segment is further segmented into cloud-based and on premise. Furthermore, services segment is categorized into development and implementation services, consulting services, and maintenance & support services. Based on services segment, maintenance & support services sub-segment is anticipated to see flourishing growth during the forecast period. This is primarily due to rising adoption of intellectual property software across multiple end-use industries especially manufacturing, healthcare, and IT & telecommunication. Cloud-based segment is expected to see increasing adoption, due to transition of businesses to paperless or cloud-based business models.

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Based on application, the global intellectual property software market has been categorized into patent management, trademark management, intellectual property portfolio management, intellectual property licensing, intellectual property reporting & analytics, and others. Intellectual property licensing, reporting, & analytics segments are projected to see healthy growth during the forecast period. In addition, increasing demand for effective and efficient management of intellectual properties gained by companies is contributing to the growth of intellectual property software across the world.

In terms of end-use industries, the market has been categorized into individuals (independent inventors); banking, financial services and insurance (BFSI); government; healthcare; IT and telecommunication; electronics; manufacturing; and others. Healthcare, IT & telecommunication, and electronics are the key industries supplementing the growth of the intellectual property software market. Multiple end-use industries are adopting intellectual property software in order to protect intellectual assets, mainly due to transition to the digital economy business model. Rapid development in information and communication technologies, and growing awareness and adoption of intellectual property software across emerging economies especially India, Brazil, and Saudi Arabia is anticipated to create lucrative opportunities in the long-term.

Based on geography, the intellectual property software market has been segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. North America dominated the market in terms of revenue in 2018, followed by Europe. The high rate of patenting has been the driving force for this market in the last few years. Growing application and awareness of intellectual property rights amongst end-use industries has also benefitted the overall market. The report states that emergence of information and communication technologies are likely to contribute to the growth of this regional market in the forthcoming years. China and India are expected to be key contributors to the intellectual property software market.

Some of the major players operating in the intellectual property software market are Aistemos, Ambercite, Anaqua, Inc., Clarivate Analytics, Dennemeyer, Evalueserve Netherlands B.V., Gemalto NV, Gridlogics, Innography, Inc., Innovation Asset Group, Inc., Inteum Company, LLC, Iolite Softwares Inc., IP Checkups, Inc., IP Street Holdings, LLC, IPfolio, LexisNexis, Minesoft Ltd.,O P Solutions, Inc., Patrix AB, PatSnap Pte. Ltd., Questel, TORViC Technologies, Inc., VajraSoft Inc., Wellspring Worldwide, and XLPAT.

Intellectual Property Software Market - Overview

The intellectual property software market report provides analysis for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2018 is the base year. The report covers all the major trends and drivers playing a key role in the growth of the intellectual property software market over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue (in US$ Mn) across different geographies, including North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The market overview section of the report demonstrates the market dynamics and trends, such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. An attractiveness analysis has also been provided for every region in the report, in order to give a thorough analysis of the overall competitive scenario of the intellectual property software market globally. Moreover, the report provides an overview of the various strategies of key players present in the market.

The intellectual property software market is segmented by component, application, and end-use industry. By component, the market has been categorized into software, and services. Among these components, software segment is further bifurcated into cloud-based and on premise. The services segment is categorized into development and implementation services, consulting services, and maintenance & support services. Based on applications, the global intellectual property software market has been categorized into patent management, trademark management, intellectual property portfolio management, intellectual property licensing, intellectual property reporting & analytics, and others. Furthermore, on the basis of end-use industry, the market has been segmented into individuals (independent inventors); banking, financial services and insurance (BFSI); government; healthcare; IT and telecommunication; electronics; manufacturing, and others. Geographically, the global intellectual property software market has been divided into North America, Europe, Asia Pacific, Middle East &Africa, and South America. The market has been analyzed in (USD Million) in terms of revenue as well as the CAGR for the forecast period 2018 to 2026.

The report also highlights the competitive landscape of the intellectual property softwaremarket, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive intellectual property software market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the intellectual property software market growth.

In the report, the North America market is divided into the U.S., Canada, and Rest of North America. Similarly, the Europe market is divided into Germany, the U.K., France, Spain, Italy, and Rest of Europe. Asia Pacific has been segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa covers United Arab Emirates, Saudi Arabia, South Africa, and Rest of Middle East & Africa. Similarly, the market in the South America region includes Brazil, and Rest of South America. Furthermore, Porter’s Five Forces Analysis explains the factors which are currently affecting the intellectual property software market. The report also provides a value chain analysis which explains the participants of the value chain.

The global intellectual property software market is characterized by the presence of numerous key players who focus on factors such as price, performance, quality, support services, and innovations to compete in the market. Major players in the intellectual property software market are Aistemos, Ambercite, Anaqua, Inc., Clarivate Analytics, Dennemeyer, Evalueserve Netherlands B.V., Gemalto NV, Gridlogics, Innography, Inc., Innovation Asset Group, Inc., Inteum Company, LLC, Iolite Softwares Inc., IP Checkups, Inc., IP Street Holdings, LLC, IPfolio, LexisNexis, Minesoft Ltd.,O P Solutions, Inc., Patrix AB, PatSnap Pte. Ltd., Questel, TORViC Technologies, Inc., VajraSoft Inc., Wellspring Worldwide, and XLPAT.

The global intellectual property software market is segmented as follows:-

Component

  • Software
    • Cloud-based
    • On Premise
  • Services
    • Development & Implementation Services
    • Consulting Services
    • Maintenance & Support Services

Application

  • Patent Management
  • Trademark Management
  • Intellectual Property (IP) Portfolio Management
  • Intellectual Property (IP) Licensing
  • Intellectual Property (IP) Reporting & Analytics
  • Others

End-use Industries

  • Individuals (independent Inventors)
  • Enterprises
    • Banking, Financial Services and Insurance (BFSI)
    • Government
    • Healthcare
    • IT & Telecommunication
    • Electronics
    • Manufacturing
    • Others

Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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Intellectual Property Software Market 2018 2026

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