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Intellectual Property Management Software Market Report by Component (Service, Software), Type (Patent Management, Trade Management, Licensing), Deployment Type (On-premises, Cloud-based), End User (BFSI, Automotive, IT and Telecom, Technology, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 136 Pages I IMARC Group
The global intellectual property management software market size reached US$ 8.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.6 Billion by 2032, exhibiting a growth rate (CAGR) of 12.83% during 2024-2032. The growing need for efficient management of intellectual properties within an organization, the rising adoption of artificial intelligence (AI) technology, and the continual launch of innovative solutions represent some of the key factors driving the market.
Intellectual property (IP) management software refers to an application used by businesses and law firms to manage and protect trademarks, licenses, inventions, patents, copyrights, royalties, brands, and other related legal rights. It assists in automating forms and correspondence for new and existing IP ownership and tracking infringement cases and potential legal rights violations for subsequent prosecution. It also aids in preparing and conducting IP filings, such as patent applications, securing the rights to trademarks, and litigation. In addition, this software facilitates paperless work and supports contract renewal, disclosure agreements, processing payments from clients, and resolving IP disputes. In recent years, IP management software has gained immense traction among organizations to review, organize, and manage intellectual properties as they are valuable business assets that help enterprises maintain a competitive edge over competitors.
Intellectual Property Management Software Market Trends:
IP management helps protect ideas or inventions for commercial benefits by providing certain exclusive rights to their owners. As a result, the growing awareness regarding the importance of maximizing IP assets for businesses to retain their position in the market and achieve a higher return on investments has strengthened the need for IP management. This, coupled with the escalating demand for a well-documented and secured IP management system to protect the competitive advantages of organizations from infringements, represents the primary factor driving the market growth. Additionally, there has been a significant shift toward outsourcing IP management services among numerous large enterprises, as in-house IP management requires vast resources and heavy investments. In line with this, the increasing focus of organizations on protecting innovations, boosting revenues, and streamlining business operations is catalyzing the demand for IP management software. Furthermore, several leading IP management software vendors are offering services, such as software upgrades, maintenance, and fixing bugs and errors, as well as training and consultation services to help clients easily operate the software. Along with this, the rising penetration of cloud deployment solutions due to the on-demand availability of services and zero setup cost has propelled market growth. Other factors, including the continual launch of innovative solutions by key players, surging adoption of artificial intelligence (AI) technology to suggest patent classes, rapid digitization in patent IP management, and ongoing technological advancements, are also creating a favorable outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global intellectual property management software market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on component, type, deployment type, and end user.
Component Insights:
Service
Software
The report has provided a detailed breakup and analysis of the intellectual property management software market based on the component. This includes service and software. According to the report, software represented the largest segment.
Type Insights:
Patent Management
Trade Management
Licensing
A detailed breakup and analysis of the intellectual property management software market based on the type has also been provided in the report. This includes patent management, trade management, and licensing. According to the report, licensing accounted for the largest market share.
Deployment Type Insights:
On-premises
Cloud-based
The report has provided a detailed breakup and analysis of the intellectual property management software market based on the deployment type. This includes on-premises and cloud-based. According to the report, on-premises represented the largest segment.
End User Insights:
BFSI
Automotive
IT and Telecom
Technology
Others
A detailed breakup and analysis of the intellectual property management software market based on the end user has also been provided in the report. This includes BFSI, automotive, IT and telecom, technology, and others. According to the report, BFSI accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for intellectual property management software. Some of the factors driving the North America intellectual property management software market included its high awareness regarding intellectual properties and their management among individuals and commercial end users, rising penetration of the internet, increasing number of innovations in the region, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global intellectual property management software market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Anaqua Inc., AppColl Inc., Clarivate PLC, Innovation Asset Group Inc., Patrix AB, Questel, TM Cloud Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global intellectual property management software market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global intellectual property management software market?
What is the impact of each driver, restraint, and opportunity on the global intellectual property management software market?
What are the key regional markets?
Which countries represent the most attractive intellectual property management software market?
What is the breakup of the market based on the component?
Which is the most attractive component in the intellectual property management software market?
What is the breakup of the market based on the type?
Which is the most attractive type in the intellectual property management software market?
What is the breakup of the market based on the deployment type?
Which is the most attractive deployment type in the intellectual property management software market?
What is the breakup of the market based on end user?
Which is the most attractive end user in the intellectual property management software market?
What is the competitive structure of the global intellectual property management software market?
Who are the key players/companies in the global intellectual property management software market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Intellectual Property Management Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Service
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type
7.1 Patent Management
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Trade Management
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Licensing
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Deployment Type
8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automotive
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 IT and Telecom
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Technology
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Anaqua Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 AppColl Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Clarivate PLC
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Innovation Asset Group Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Patrix AB
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Questel
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 TM Cloud Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Intellectual Property Management Software Market: Major Drivers and Challenges
Figure 2: Global: Intellectual Property Management Software Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Intellectual Property Management Software Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Intellectual Property Management Software Market: Breakup by Component (in %), 2023
Figure 5: Global: Intellectual Property Management Software Market: Breakup by Type (in %), 2023
Figure 6: Global: Intellectual Property Management Software Market: Breakup by Deployment Type (in %), 2023
Figure 7: Global: Intellectual Property Management Software Market: Breakup by End User (in %), 2023
Figure 8: Global: Intellectual Property Management Software Market: Breakup by Region (in %), 2023
Figure 9: Global: Intellectual Property Management Software (Service) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Intellectual Property Management Software (Service) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Intellectual Property Management Software (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Intellectual Property Management Software (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Intellectual Property Management Software (Patent Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Intellectual Property Management Software (Patent Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Intellectual Property Management Software (Trade Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Intellectual Property Management Software (Trade Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Intellectual Property Management Software (Licensing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Intellectual Property Management Software (Licensing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Intellectual Property Management Software (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Intellectual Property Management Software (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Intellectual Property Management Software (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Intellectual Property Management Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Intellectual Property Management Software (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Intellectual Property Management Software (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Intellectual Property Management Software (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Intellectual Property Management Software (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Intellectual Property Management Software (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Intellectual Property Management Software (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Intellectual Property Management Software (Technology) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Intellectual Property Management Software (Technology) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Intellectual Property Management Software (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Intellectual Property Management Software (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: North America: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: North America: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: United States: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: United States: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Canada: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Canada: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Asia-Pacific: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Asia-Pacific: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: China: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: China: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Japan: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Japan: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: India: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: India: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: South Korea: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: South Korea: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Australia: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Australia: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Indonesia: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Indonesia: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Others: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Others: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Europe: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Europe: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Germany: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Germany: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: France: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: France: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: United Kingdom: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: United Kingdom: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Italy: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Italy: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Spain: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Spain: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Russia: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Russia: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Others: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Others: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Latin America: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Latin America: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Brazil: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Brazil: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Mexico: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Mexico: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Middle East and Africa: Intellectual Property Management Software Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Middle East and Africa: Intellectual Property Management Software Market: Breakup by Country (in %), 2023
Figure 81: Middle East and Africa: Intellectual Property Management Software Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Global: Intellectual Property Management Software Industry: Drivers, Restraints, and Opportunities
Figure 83: Global: Intellectual Property Management Software Industry: Value Chain Analysis
Figure 84: Global: Intellectual Property Management Software Industry: Porter's Five Forces Analysis
Table 1: Global: Intellectual Property Management Software Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Intellectual Property Management Software Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Intellectual Property Management Software Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 4: Global: Intellectual Property Management Software Market Forecast: Breakup by Deployment Type (in Million US$), 2024-2032
Table 5: Global: Intellectual Property Management Software Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Intellectual Property Management Software Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Intellectual Property Management Software Market: Competitive Structure
Table 8: Global: Intellectual Property Management Software Market: Key Players
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