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.
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.
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*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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*Table of Content and Figure @ ***https://straitsresearch.com/report/intellectual-property-management-software-market/toc**
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