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Intellectual Property Management Software Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Intellectual Property Management Software Market SizeAccording to new survey, global Intellectual Property Management Software market is projected to reach US$ 2608.6 million in 2029, increasing from US$ 1483 million in 2022, with the CAGR of 7.9% during the period of 2023 to 2029.
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Intellectual Property Management Software Market
Intellectual property management software is a type of software that helps individuals and organizations manage their intellectual property (IP) assets such as patents, trademarks, copyrights, trade secrets, etc. Intellectual property management software can perform various functions such as IP portfolio management, IP filing and prosecution, IP licensing and monetization, IP research and analysis, IP reporting and compliance, etc. Intellectual property management software can also help individuals and organizations protect, enforce, and leverage their IP rights and interests.
The industry trend of intellectual property management software is influenced by several factors such as the growth of the innovation economy, the demand for digital transformation, the innovation and differentiation of intellectual property management software products and services, and the market competition. Some of the main trends that can be observed are:
The growth of the innovation economy: The innovation economy is a term that refers to the economic activities that are driven by innovation and knowledge creation. The innovation economy has been growing rapidly in recent years, especially due to the impact of the COVID-19 pandemic, which has accelerated the pace and scale of innovation across various sectors and regions. According to a report by WIPO , the global IP filings reached 3.3 million patents , 14.4 million trademarks , and 1.3 million industrial designs in 2019 . This trend has increased the demand for intellectual property management software among individuals and organizations , as they need to manage their IP assets and operations more efficiently and effectively.
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Segment by Type
• Cloud Based
• Web Based
Segment by Application
• Law Firms
• Companies
By Company
Clarivate (FoundationIP, IPfolio, Derwent, Inprotech), Alt Legal, AppColl, Questel (Equinox), MaxVal Group, Inteum, Patrix (Patricia), GSI Office Management, Computer Packages, Anaqua, Iolite Softwares, WebTMS, Decipher, Ingenta, Dennemeyer, Wellspring, Interasco
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