Press release
Enterprise Intellectual Property (IP) Management Software Market will multiply at an impressive CAGR of 12.0% by 2027 & Top Key Players IP Folio, Anaqua, Inc., CPA Global Limited, Cardinal IP, FlexTrac, Gridlogics, PatSnap Leocorpio, WebTMS and Patrix AB
The intellectual property management software is primarily used to track patents, trademarks and IP. 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 is anticipated to be the largest sub-segment of the services segment. This is attributed to the growing application of the enterprise intellectual property management software by various end-use industries. 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 lead the end-user segment on the account of increasing business firms and private organizations coupled with rising adoption of the enterprise intellectual property management software.The global enterprise intellectual property (IP) management software market is anticipated to expand at a significant CAGR of 12.0% during 2018-2027. It is projected to reach remarkable market value of USD 14.0 billion by 2027. The rising demand by the various private organization and business firms for improving the rights and privacy of the documents is anticipated to be the major reason for the expansion of the global enterprise intellectual property (IP) management software market.
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 lead the global enterprise intellectual property (IP) management software market throughout the forecast period. The presence of the various end-use industries is anticipated to increase the demand for the enterprise intellectual property (IP) management software. The increasing awareness of the enterprise intellectual property (IP) management software among different firms is anticipated to be the primary reason for the growth of the global enterprise intellectual property (IP) management software market during the forecast period. Asia-Pacific is anticipated to be the fastest developing region for the global enterprise intellectual property (IP) management software market. The increasing awareness of the intellectual property management software among various business and consulting firms is anticipated to propel the growth of the global enterprise intellectual property (IP) management software in the region.
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The increasing demand for the enterprise intellectual property management software by various end-use organizations is anticipated to boost the growth of enterprise intellectual property (IP) management software
The increasing importance of protecting the intellectual property by the various small organization and firms is anticipated to increase the demand for the enterprise intellectual property management software. The increasing cyber-crime across the globe is increasing the theft of the patents, trademarks, designs and copyright. Thus, the application of enterprise intellectual property management software is anticipated to increase during the forecast period.
The report titled “Enterprise Intellectual Property (IP) Management Software Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global enterprise intellectual property (IP) management software market in terms of market segmentation by type, by services, by end-user and by region.
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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the global enterprise intellectual property (IP) management software market which includes company profiling of key companies such as IP Folio, Anaqua, Inc., CPA Global Limited, Cardinal IP, FlexTrac, Gridlogics, PatSnap Leocorpio, WebTMS and Patrix AB. The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global enterprise intellectual property (IP) management software market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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