Global Intellectual Property Rights and Royalty Management Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Regional Analysis & Forecast 2023-2032

Global Intellectual Property Rights and Royalty Management Market
The Intellectual Property Rights and Royalty Management market size is estimated at USD 8,057.5 million in 2022 and is expected to reach USD 25,524,5 million by 2031, growing at a CAGR of 17.7% from 2022 to 2031.

The development and management of intellectual property is one f the major concern for enterprises, especially among artistic, cultural, and technology industries. Hence, intellectual property rights and royalty management software can help enterprises in understanding intellectual property's potential as a catalyst for social and cultural well-being and economic growth.

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Primary and secondary research is conducted to gain access to current government rules, market information, and industry statistics. Intellectual Property Rights and Royalty Management producers, distributors, end users, industry groups, governments' industry bureaus, industry magazines, industry experts, third-party databases, and our in-house databases were used to collect data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, and ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application, and region, providing a holistic view of as well as a deep insight into the Global Intellectual Property Rights and Royalty Management Market covering all of its essential aspects

The research methodology used to estimate and forecast the intellectual property (IP) rights and royalty management market begins with secondary research, such as annual reports, press releases, and investor presentations of companies, technology journals and certified publications, articles from recognized authors, directories, and databases. The vendor offers are also taken into account while segmenting the market.

The bottom-up technique was used to calculate the total market size of the Intellectual Property (IP) Rights & Royalty Management Solutions market based on the revenue of the industry's main players. Following the determination of the

overall market size, the complete market was divided into many segments and sub-segments, which were then validated by primary research by conducting comprehensive interviews with important persons.

Intellectual property assets boost economic development in various ways. Many companies are gaining royalty incomes from licensing their intellectual property assets to other parties.

The market for intellectual property rights and royalties' management is further subdivided into verticals. Media and entertainment is one of the most important verticals. This segment's rise can be linked to the growing need to monetize material for various broadcasting services such as TV broadcasting and over-the-top broadcasting.

The market for intellectual property rights and royalties' management has been divided into two segments depending on solution type: standalone and integrated. Organizations adopt either a standalone or an integrated solution based on their requirements and size. Because of the increased scale of organizations and their operations, there has been a shift in demand from standalone to integrated solutions.

Multiple technologies and solutions are developed with an aim to protect products from duplication. At present, heavy growth in the illegal and unauthorized sales of tangible & intangible assets is one of the major factors which is anticipated to boost the demand for intellectual property rights and royalty management software across the world. The owners of intellectual property are highly focused on adopting intellectual property rights and royalty management software to be protected by law and regulations from unauthorized use of their rights.

An important fact about authorized protection of intellectual property is that it turns intangible assets into private property rights; however, for a restricted period of time only. It allows small and medium enterprises to claim proprietorship over their intangible assets and exploit them to their extreme potential.

For instance, stock market brokers, investors and financial advisers are becoming aware of growing unauthorized utilization of the technology and software and have started to value intellectual property assets highly. Various enterprises, including small and medium enterprises, have initiated to accept IP audits and regular technology.

Lack of awareness of intellectual property rights and royalty management systems and their utility among enterprises is one of the major restraining factors to this market. In addition, adoption rate of intellectual property rights and royalty management software is growing among the end-user as the awareness of IP systems and their usefulness increases. High cost associated with the intellectual property rights and royalty management system is another major challenge in the large-scale adoption of intellectual property rights and royalty management software.

This is largely due to the high costs of patenting and costs related to the adoption of IP rights. This would have limited the adoption of the patent system by SMEs. Consequently, this factor is estimated to inhibit the expansion of the intellectual property software market during the forecast period.

COVID-19 Insights
During COVID-19 pandemic intellectual property rights and royalty management vendors are focused on inorganic growth strategy such as strategic collaborations and merger and acquisition activities with competitors or technology partners to develop innovative and advanced intellectual property rights and royalty management solutions to improve their offerings and market reach.

During the COVID-19 pandemic, digitalization of traditional sectors such as banking, retail, health, education and manufacturing is the wider noteworthy effect of the pandemic. Hence, demand for intellectual property rights and royalty management is increases in order to keep their IP of assets.

Market Segmentation:
By Component
•Software
•Services
o Professional
o Managed

By Deployment
•On-premise
•Cloud

By Enterprise Size
•Small & Medium Enterprise
•Large Enterprise

By End-user
•Retail & Consumer Goods
•IT & Telecommunication
•Healthcare & Life Sciences
•Travel & Hospitality
•Media & Entertainment
•Government
•Others

By Geography
•North America
o U.S.
o Canada
o Mexico

•Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia

•Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN

•Latin America
o Brazil
o Argentina
o Colombia

•MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

Key Player:
Some of the key players operating in the global Intellectual Property Rights and .Royalty Management market include:
•IBM Corporation
•Oracle Corporation
•Dependable Solutions
•Anaqua
•Lecorpio
•Ipfolio
•Capgemini
•RSG Media
•FADEL
•Vistex
•Klopotek
•Filmtrack

Regional Analysis:
By region, the global Intellectual Property Rights and Royalty Management market is segmented into North America, Europe, Asia-Pacific, Central and South America, and the Middle East and Africa. North America accounted for a large share of the global market in 2021 at ~35%. In North America, U.S. is the hub of advanced technology. North America holds the highest market share in the intellectual property rights and royalty management market.

This is primarily due to the presence of technology advanced players and well establish end-user. The North American region is largely investing in the adoption of intellectual property rights & royalty management solutions in order to protect their innovations and assets across various verticals like healthcare & life sciences, IT & telecom, and others.

Hence, fueling the demand for the intellectual property rights and royalty management market across different verticals in the region. The increasing need for higher productivity is one of the major factors expected to boosting the growth of the intellectual property rights and royalty management market. Growing emphasis on patent protection for software-implemented inventions is expected to create new opportunities for intellectual property software market across the European region.

Hence, fueling the demand for the intellectual property rights and royalty management market across different verticals in the European region.

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Reasons to Purchase this Report:
•Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
•Provision of market value (USD Billion) data for each segment and sub-segment.
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Frequently Asked Questions
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Key Points:
Define, describe and forecast Chatbot product market by type, application, end user and region.
Provide strategies for company to deal with the impact of COVID-19.
Provide enterprise external environment analysis and PEST analysis.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

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