Intellectual Property Software Market

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2. INTELLECTUAL PROPERTY SOFTWARE MARKET ANALYSIS Intellectual Property Software Market, By Component(Software (Cloud-based and On Premise) and Services (Development &Implementation Services, Consulting Services and Maintenance & Support Services)) by Application (Patent Management, Trademark Management, Intellectual Property (IP) Portfolio Management, Intellectual Property (IP) Licensing, Intellectual Property (IP) Reporting & Analytics and Others), by End-use Industry (Individuals (independent Inventors), and Enterprises (Banking, Financial Institutions, and Insurance (BFSI), Government, Healthcare, IT & Telecommunication, Electronics, Manufacturing and Others)), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

3. Market Overview The global intellectual property software market is estimated to account for US$ 3,015.2 Mn in terms of value in 2019 and is expected to grow at a CAGR of 14.3% during the forecasted period 2019-27. Market Drivers • Rising focus on managing and protecting intellectual property is expected to drive growth of the global intellectual property software market during the forecast period • Increasing adoption of IP in digital economy and growth of new business models is expected to propel the global intellectual property software market over the forecast period

4. Figure .1 : IPS Market Regions

5. Market Dynamics- Restraints • Low awareness regarding IP systems is expected to hamper the global intellectual property software market growth during the forecast period • High costs and complexity related IP system are expected to restrain growth of the global intellectual property software market over the forecast period

6. Market Opportunities • Rampant development of information and communication technologies can provide significant growth opportunities • Rising adoption of IP for economic development in emerging economies can offer major business opportunities

7. Figure 2. Market Opportunity

8. Figure .3 Market Share

9. Market Trends • Trends by components Rising penetration of cloud-based intellectual property solutions • Trends by Applications Developing innovation process and markets for technology

10. Competitive Section • Key players operating in the global intellectual property software market are XLPAT, IP Checkups, Inc., Aistemos, Wellspring Worldwide, Ambercite, VajraSoft Inc., Anaqua, Inc., TORViC Technologies, Inc., Clarivate Analytics, Questel, Dennemeyer, PatSnapPte. Ltd., Evalueserve Netherlands B.V., Patrix AB, Gemalto NV, O P Solutions, Inc., Gridlogics, Minesoft Ltd, Innography, Inc., LexisNexis, Innovation Asset Group, Inc., IPfolio, Inteum Company, LLC, IP Street Holdings, LLC, and Iolite Softwares Inc.

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