Intellectual Property Management Software Market Size is

New York, United States, July 18, 2023 (GLOBE NEWSWIRE) -- Intellectual property is a legal technique for preserving ideas or innovations for commercial benefits by giving its founders or inventors specific exclusive rights. The incremental increase in the adoption of outsourcing services by larger organizations is contributing considerably to the growth of the intellectual property management software industry. Managing the organization's intellectual property portfolio is equally as vital as managing the business. It is a big piece in practically any enterprise's value puzzle. Any business manager must optimize returns on workers, equipment, products, and services. However, various organizations disregard or short-change intellectual property.

Furthermore, in-house IP management is highly resource-demanding and requires considerable investments. IP management outsourcing helps businesses cut costs, increase efficiency, and increase profitability. Thus, rising emphasis on firms streamlining their company operations is likely to drive the intellectual property services market throughout the forecast period. Moreover, the increasing need for distinct IPs for goods also supports the expansion of the intellectual property outsourcing industry.

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Growing Patent, Trademark, and Industrial Design Applications Drive the Global Market

An effective product must evolve in response to market demands and industry trends. Adding functionality necessitates innovation based on already filed patents in various locations. Innovations are also essential for getting a price advantage. The market's increasing reliance on various patents to develop a product and improve its functionality is compelling enterprises to enhance their IP management. As a result, the number of patent applications filed yearly has skyrocketed. According to WIPO data, more than 2 million patent applications were filed by innovators in 2019.

Even during the pandemic, the Asia-Pacific region, a large region encompassing countries with many patents, showed early signs of recovery, illustrating the value of IP and management in industrial design applications. In addition, patents contribute significantly to the earnings of numerous industries. According to Mondaq, patents account for about 80% of the total revenue of pharmaceutical businesses, and securing patent protection is crucial for protecting the unique methods utilized by pharma companies. Such advancements bolster the significance of IP management software solutions.

Increasing Focus on Digitalization Creates Tremendous Opportunities

With the increasing emphasis on digitalization, it is projected that the studied market will gain momentum during the projection period. For instance, India stated in February 2020 its intention to establish a digital platform for the application and capture of intellectual property rights. Over the past few years, India has been constructing infrastructure for intellectual property rights, with the most recent step by the National IP Policy. Enhanced IPR will also foster a favorable business climate. India focuses on this digital platform for more straightforward application filing, technology transfer centers, and prototyping/proof-of-concept facilities to foster innovation and startup growth. This is anticipated to provide significant prospects for the expansion of the analyzed market.

Report Scope

Report Metric	Details
Market Size by 2031	USD 25.02 billion
Market Size in 2022	USD 8.2 billion
CAGR	13.2% (2023-2031)
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Deployment, Solution, Type, End-User Industry
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Anaqua Inc., CPA Global Limited, IPfolio Corporation, WebMD Limited, TM Cloud Inc., Patrix AB, Patsnap Pte Ltd, Alt Legal Inc., Gridlogics Technologies Pvt. Ltd, and AppColl Inc.
Key Market Opportunities	Increasing Focus on Digitalization
Key Market Drivers	Growing Patent, Trademark, and Industrial Design Applications

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Regional Analysis

Asia-Pacific is the largest shareholder of the global intellectual property management software market during the forecast period. According to the World Intellectual Property Indicators (WIPO), Asia contributed to over two-thirds of all patent, trademark, and industrial design applications in 2018, with China driving the increase in demand for intellectual property (IP) rights globally. In addition, the region has witnessed a rise in government actions encouraging foreign patent applications. For example, the patent offices of India and Japan inked an expedited grant of patents to Indian organizations and individuals. The Union Cabinet approved a Bilateral Patent Prosecution Highway (PPH) scheme between the Indian Patent Office and the patent offices of other interested nations in November 2019.

North America is expected to grow at a higher CAGR during the forecast period. In the context of pharmaceuticals, the United States and other industrialized nations favor significant patent rights as vital to incentivize innovation, recoup R&D and regulatory expenses, and invest in future advances. In addition, IPR protection and enforcement have risen to the center of U.S. company operations as a crucial foreign trade concern. This is primarily due to the importance of intellectual property to the U.S. economy and as a competitive advantage in global trade policy and regional and bilateral U.S. free trade agreements (FTAs). With the increasing number of patent applications and approvals and the complexity of the intellectual property, governments and other regional private entities are utilizing IP management software to simplify and optimize the process for all parties involved.

Europe is the third largest region in the global intellectual property management software market. Each year, more than 100,000 European patent applications are filed and approved, making it difficult for a business to predict whether a patented or unpatented invention or technique fits within the scope of a third-party patent application. The increasing number of foreign players due to the availability of new markets, diversification, and gaining a competitive edge through investments in established regions such as Europe is also a significant element in the region's expanding demand for IP management software.

Key Highlights

The global intellectual property management software market size is expected to reach USD 25.02 billion by 2031, growing at a CAGR of 13.2% during the forecast period (2023–2031).
By deployment, the global intellectual property management software market is segmented into on-premise and cloud. The cloud segment accounts for the largest market share during the forecast period.
By solution, the global intellectual property management software market is segmented into software and service. The software segment accounts for the largest market share during the forecast period.
By type, the global intellectual property management software market is segmented into patent intellectual property management, trademark intellectual property management, copyright intellectual property management, design intellectual property management, and other types.
By end-user industry, the global intellectual property management software market is segmented into BFSI, healthcare, automotive, IT and Telecom, research institutes, and other end-user industries. IT and Telecom account for the largest market share.
Asia-Pacific is the largest shareholder of the global intellectual property management software market.

Competitors in Intellectual Property Management Software Market

Anaqua Inc.
lCPA Global Limited
lIPfolio Corporation
lWebMD Limited
lTM Cloud Inc.
lPatrix AB
lPatsnap Pte Ltd
lAlt Legal Inc.
lGridlogics Technologies Pvt. Ltd
lAppColl Inc

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Segmentation of Intellectual Property Management Software Market

By Deployment

On-Premise
Cloud

By Solution

Software
Service

By Type

Patent Intellectual Property Management
Trademark Intellectual Property Management
Copyright Intellectual Property Management
Design Intellectual Property Management
Other Types

By End-User Industry

BFSI
Healthcare
Automotive
IT and Telecom
Research Institutes
Other End-user Industries

By Regions

North America
Europe
Asia-Pacific
Latin America
The Middle East and Africa

TABLE OF CONTENT

EXECUTIVE SUMMARY
RESEARCH SCOPE & SEGMENTATION
1. Research Objectives
2. Market Definition
3. Limitations & Assumptions
4. Market Scope & Segmentation
5. Currency & Pricing Considered
MARKET OPPORTUNITY ASSESSMENT
1. Emerging Regions / Countries
2. Emerging Companies
3. Emerging Applications / End Use
4. Investment Landscape
5. New Business Models / Revenue Streams
6. TAM
MARKET TRENDS
1. Drivers
2. Market Warning Factors
3. Latest Macro Economic Indicators
4. Geopolitical Impact
5. Human Factors
6. Technology Factors
MARKET ASSESSMENT
1. Porters Five Forces Analysis
2. Value Chain Analysis
3. Sales And Distribution Channel Analysis
4. Case Study Analysis
5. Patent Analysis
6. M & A Agreements & Collabration Analysis
ESG TRENDS
GLOBAL INTELLECTUAL PROPERTY MANAGEMENT SOFTWARE MARKET SIZE ANALYSIS
1. Global Intellectual Property Management Software Market Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
NORTH AMERICA MARKET ANALYSIS
1. Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
6. U.S.
  1. By Deployment
    1. Introduction
      1. Deployment By Value
    2. On-Premise
      1. By Value
    3. Cloud
      1. By Value
  2. By Solution
    1. Introduction
      1. Solution By Value
    2. Software
      1. By Value
    3. Service
      1. By Value
  3. By Type
    1. Introduction
      1. Type By Value
    2. Patent Intellectual Property Management
      1. By Value
    3. Trademark Intellectual Property Management
      1. By Value
    4. Copyright Intellectual Property Management
      1. By Value
    5. Design Intellectual Property Management
      1. By Value
    6. Other Types
      1. By Value
  4. By End-User Industry
    1. Introduction
      1. End-User Industry By Value
    2. BFSI
      1. By Value
    3. Healthcare
      1. By Value
    4. Automotive
      1. By Value
    5. IT And Telecom
      1. By Value
    6. Research Institutes
      1. By Value
    7. Other End-User Industries
      1. By Value
7. Canada
EUROPE MARKET ANALYSIS
1. Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
6. U.K.
  1. By Deployment
    1. Introduction
      1. Deployment By Value
    2. On-Premise
      1. By Value
    3. Cloud
      1. By Value
  2. By Solution
    1. Introduction
      1. Solution By Value
    2. Software
      1. By Value
    3. Service
      1. By Value
  3. By Type
    1. Introduction
      1. Type By Value
    2. Patent Intellectual Property Management
      1. By Value
    3. Trademark Intellectual Property Management
      1. By Value
    4. Copyright Intellectual Property Management
      1. By Value
    5. Design Intellectual Property Management
      1. By Value
    6. Other Types
      1. By Value
  4. By End-User Industry
    1. Introduction
      1. End-User Industry By Value
    2. BFSI
      1. By Value
    3. Healthcare
      1. By Value
    4. Automotive
      1. By Value
    5. IT And Telecom
      1. By Value
    6. Research Institutes
      1. By Value
    7. Other End-User Industries
      1. By Value
7. Germany
8. France
9. Spain
10. Italy
11. Russia
12. Nordic
13. Benelux
14. Rest Of Europe
APAC MARKET ANALYSIS
1. Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
6. China
  1. By Deployment
    1. Introduction
      1. Deployment By Value
    2. On-Premise
      1. By Value
    3. Cloud
      1. By Value
  2. By Solution
    1. Introduction
      1. Solution By Value
    2. Software
      1. By Value
    3. Service
      1. By Value
  3. By Type
    1. Introduction
      1. Type By Value
    2. Patent Intellectual Property Management
      1. By Value
    3. Trademark Intellectual Property Management
      1. By Value
    4. Copyright Intellectual Property Management
      1. By Value
    5. Design Intellectual Property Management
      1. By Value
    6. Other Types
      1. By Value
  4. By End-User Industry
    1. Introduction
      1. End-User Industry By Value
    2. BFSI
      1. By Value
    3. Healthcare
      1. By Value
    4. Automotive
      1. By Value
    5. IT And Telecom
      1. By Value
    6. Research Institutes
      1. By Value
    7. Other End-User Industries
      1. By Value
7. Korea
8. Japan
9. India
10. Australia
11. Taiwan
12. South East Asia
13. Rest Of Asia-Pacific
MIDDLE EAST AND AFRICA MARKET ANALYSIS
1. Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
6. UAE
  1. By Deployment
    1. Introduction
      1. Deployment By Value
    2. On-Premise
      1. By Value
    3. Cloud
      1. By Value
  2. By Solution
    1. Introduction
      1. Solution By Value
    2. Software
      1. By Value
    3. Service
      1. By Value
  3. By Type
    1. Introduction
      1. Type By Value
    2. Patent Intellectual Property Management
      1. By Value
    3. Trademark Intellectual Property Management
      1. By Value
    4. Copyright Intellectual Property Management
      1. By Value
    5. Design Intellectual Property Management
      1. By Value
    6. Other Types
      1. By Value
  4. By End-User Industry
    1. Introduction
      1. End-User Industry By Value
    2. BFSI
      1. By Value
    3. Healthcare
      1. By Value
    4. Automotive
      1. By Value
    5. IT And Telecom
      1. By Value
    6. Research Institutes
      1. By Value
    7. Other End-User Industries
      1. By Value
7. Turkey
8. Saudi Arabia
9. South Africa
10. Egypt
11. Nigeria
12. Rest Of MEA
LATAM MARKET ANALYSIS
1. Introduction
2. By Deployment
  1. Introduction
    1. Deployment By Value
  2. On-Premise
    1. By Value
  3. Cloud
    1. By Value
3. By Solution
  1. Introduction
    1. Solution By Value
  2. Software
    1. By Value
  3. Service
    1. By Value
4. By Type
  1. Introduction
    1. Type By Value
  2. Patent Intellectual Property Management
    1. By Value
  3. Trademark Intellectual Property Management
    1. By Value
  4. Copyright Intellectual Property Management
    1. By Value
  5. Design Intellectual Property Management
    1. By Value
  6. Other Types
    1. By Value
5. By End-User Industry
  1. Introduction
    1. End-User Industry By Value
  2. BFSI
    1. By Value
  3. Healthcare
    1. By Value
  4. Automotive
    1. By Value
  5. IT And Telecom
    1. By Value
  6. Research Institutes
    1. By Value
  7. Other End-User Industries
    1. By Value
6. Brazil
  1. By Deployment
    1. Introduction
      1. Deployment By Value
    2. On-Premise
      1. By Value
    3. Cloud
      1. By Value
  2. By Solution
    1. Introduction
      1. Solution By Value
    2. Software
      1. By Value
    3. Service
      1. By Value
  3. By Type
    1. Introduction
      1. Type By Value
    2. Patent Intellectual Property Management
      1. By Value
    3. Trademark Intellectual Property Management
      1. By Value
    4. Copyright Intellectual Property Management
      1. By Value
    5. Design Intellectual Property Management
      1. By Value
    6. Other Types
      1. By Value
  4. By End-User Industry
    1. Introduction
      1. End-User Industry By Value
    2. BFSI
      1. By Value
    3. Healthcare
      1. By Value
    4. Automotive
      1. By Value
    5. IT And Telecom
      1. By Value
    6. Research Institutes
      1. By Value
    7. Other End-User Industries
      1. By Value
7. Mexico
8. Argentina
9. Chile
10. Colombia
11. Rest Of LATAM
COMPETITIVE ASSESSMENT
1. Adoption Matrix
2. Intellectual Property Management Software Market Share By Manufacturers
3. Intellectual Property Management Software Market Ranking By Revenue For Manufacturers
4. Average Price By Manufacturers
5. Vendor Footprint Analysis
MARKET PLAYERS ASSESSMENT
1. Anaqua Inc.
  1. Overview
  2. Business Information
  3. Revenue
  4. ASP
  5. Gross Margin
  6. Swot Analysis
  7. Recent Developmments
2. CPA Global Limited
3. IPfolio Corporation
4. WebMD Limited
5. TM Cloud Inc.
6. Patrix AB
7. Patsnap Pte Ltd
8. Alt Legal Inc.
9. Gridlogics Technologies Pvt. Ltd
10. AppColl Inc
RESEARCH METHODOLOGY
1. Research Data
  1. Secondary Data
    1. Major Secondary Sources
    2. Key Data From Secondary Sources
  2. Primary Data
    1. Key Data From Primary Sources
    2. Breakdown Of Primaries
  3. Secondary And Primary Research
    1. Key Industry Insights
2. Market Size Estimation
  1. Bottom-Up Approach
  2. Top-Down Approach
  3. Market Projection
3. Research Assumptions
  1. Assumptions
4. Limitations
5. Risk Assessment
APPENDIX
1. Discussion Guide
2. Customization Options
3. Related Reports
DISCLAIMER

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Intellectual Property Management Software Market Size is projected to reach USD 25.02 billion by 2031, growing at a CAGR of 13.20%: Straits Research

The global intellectual property management software market size was valued at USD 8.2 billion in 2022. It is expected to reach USD 25.02 billion by 2031, growing at a CAGR of 13.2% during the forecast period (2023–2031), The software segment accounts for the largest market share.

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Intellectual Property Management Software Market Size is projected to reach USD 25.02 billion by 2031, growing at a CAGR of 13.20%: Straits Research

The global intellectual property management software market size was valued at USD 8.2 billion in 2022. It is expected to reach USD 25.02 billion by 2031, growing at a CAGR of 13.2% during the forecast period (2023–2031), The software segment accounts for the largest market share.

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