Product Overview
The intellectual property is the category of the property which includes the artistic creation of the human intellects and copyrights, trademarks and patents. The intellectual property management software enables easy, effective and efficient management of the intellectual property. Enterprise intellectual property management software is automation system that is used for the trademarks, tracking of patents, keeping copyrights and IP. It is primarily used by the business firms and corporate companies in order to maintain data privacy and keeping the copyrights of essential files and enhancing the security measures.
Market Size and Forecast
The global enterprise intellectual property (IP) management software market is anticipated to expand with significant CAGR of 12.0% during 2018-2027. It is projected value at market size of USD 14.0 billion by 2027. The increasing demand for the enhanced software by some of the organizations in order to protect intellectual property is anticipated to boost the market growth of the global enterprise intellectual property (IP) management software market. The global enterprise intellectual property (IP) management software market can be segmented on the basis of type, services, end-user and region. On the basis of type, it is sub-segmented into trademark, patent, copyright and design and litigation. On the basis of services, it is sub-segmented into consulting, implementation and support & maintenance. The support & maintenance sub-segment segment is anticipated to lead the services segment. On the basis of end-user, it is sub-segmented into automotive, BFSI, pharmaceutical, information technology, aerospace & defense and research institutes. The information and technology sub-segment is anticipated to hold the largest market share in the end-user segment. The various business firms and private organizations have increased the adoption of the enterprise intellectual property management software. For instance many companies such as Google, IBM, Samsung has large number of utility patents.
By region, global enterprise intellectual property (IP) management software market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold largest market share for the global enterprise intellectual property (IP) management software market during the forecast period. The increasing demand for the software by various end-use industries coupled with the increasing awareness about the software among various firms is anticipated to be the primary reason for the expansion of the market in the region. Asia-Pacific is anticipated to be the fastest developing region for the global enterprise intellectual property (IP) management software market. This is attributed to the fact of emerging banking sector coupled with emerging countries such as China and India are expected to contribute significant market share in the global enterprise intellectual property.
Market Segmentation
Our in-depth analysis segmented the global enterprise intellectual property (IP) management software market in the following segments:
By Type:
- Trademark
- Patent
- Copyright
- Design and Litigation
By Services:
- Consulting
- Implementation
- Support & Maintenance
End-user:
- Automotive
- BFSI
- Pharmaceutical
- Information Technology
- Aerospace & Defense
- Research Institutes
By Region
Global enterprise intellectual property (IP) management software market is further classified on the basis of region as follows:
- North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Growth Drivers and Challenges
The increasing demand for protecting and managing intellectual property is anticipated to be the primary growth driver for the global enterprise intellectual property (IP) management software market. The increasing adoption of the enterprise intellectual property management software by the various end-use industries is anticipated to fuel the growth of the global enterprise intellectual property (IP) management software market. The increasing need for the secure system is anticipated to fuel the demand for the enterprise intellectual property management software. The increasing utilization of smart system management by various companies is encouraging the people to use intellectual property management software. However, the high initial cost required by the enterprise intellectual property management software is anticipated to hinder the market growth of the enterprise intellectual property (IP) management software.
Top Featured Companies Dominating the Market
- IP Folio
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Anaqua, Inc.
- CPA Global Limited
- Cardinal IP
- FlexTrac
- Gridlogics
- PatSnap
- Leocorpio
- WebTMS
- Patrix AB
Author Credits: Abhishek Verma
- Report ID: 822
- Published Date: Feb 09, 2023
- Report Format: PDF, PPT
