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Enterprises Intellectual Property Management Software Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 398 | Report ID: MRS1017


Report Description

The global Enterprises Intellectual Property Management Software market size is estimated at USD 5,900.1 million in 2020, expanding at a CAGR 15.3% from 2021-2027.

Market Dynamics

Enterprises Intellectual Property Management Software is used to manage and protect patents, copyrights, trademarks, litigation, and others. Increasing demand for protecting and maintaining organizational intellectual property portfolios to prevent deception is a key factor driving the growth of the market. The enormous increase in the adoption of outsourcing services by large enterprises contributes significantly to the growth of the intellectual property management software market.

In addition, the increase in government initiatives and a comprehensive regulatory framework to protect and monetize creations will fuel the growth of the market during the forecast period. However, high costs and lack of skilled professionals may likely hamper the market growth during the forecast period.

Based on Type, the market is bifurcated into Patent, Trademark, Copyright, Design, Litigation, IPAB (Intellectual Property Appellate Board), and others. The Patent IP Management Software segment is estimated to hold the largest market share during the forecast period due to the rising focus of organizations on protecting intellectual assets by gaining patents on IP Management Software.

Based on Service, the market is segmented into Development & Implementation, Consulting, Support & Maintenance, and others. The Development & implementation segment witnessed the largest market share during the forecast period owing to the increasing demand for quality and performance of intellectual property software by end-use industries.

Based on Application, the market is bifurcated into Automotive, Pharmaceutical, Information Technology, Telecom, Aerospace & Defense, Electronics and Semiconductors, Research Institutes, Oil & Gas, (BFSI) Banking, financial services & insurance, and others. The BFSI segment is projected to hold the largest market share in the Enterprises Intellectual Property Management Software market during the forecast period due to increasing demand to protect confidential data and trade secrets of the organization.

Regionally, the Asia-Pacific region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period owing to the economic development of emerging countries. On the other hand, North America and Europe accounted for a significant growth rate during the forecast period.

Some of the prominent players are Anaqua, Inc., PATTSY, Cardinal IP, AppColl Inc., Patrix AB, WebTMS, SimpleLegal, FlexTrac, CPA Global, Lecorpio, Gridlogics Technologies Pvt. Ltd., TM Cloud Inc., PatSnap, IP Folio, and Alt Legal Inc., among others.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of the Enterprises Intellectual Property Management Software Market by type, service, application, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Anaqua, Inc.
  • PATTSY
  • Cardinal IP
  • AppColl Inc.
  • Patrix AB
  • WebTMS
  • SimpleLegal
  • FlexTrac
  • CPA Global
  • Lecorpio
  • Gridlogics Technologies Pvt. Ltd.
  • TM Cloud Inc.
  • PatSnap
  • IP Folio
  • Alt Legal Inc.

Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Patent
  • Trademark
  • Copyright
  • Design
  • Litigation
  • IPAB (Intellectual Property Appellate Board)
  • Others

Service Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Development and implementation
  • Consulting
  • Support and Maintenance
  • Others

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Automotive
  • Pharmaceutical
  • Information Technology
  • Telecom
  • Aerospace & Defense
  • Electronics and Semiconductors
  • Research Institutes
  • Oil & Gas
  • (BFSI) Banking, financial services, and insurance
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • Latin America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Enterprises Intellectual Property Management Software market size is estimated at USD 5,900.1 million in 2020, expanding at a CAGR 15.3% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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