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Intellectual Property Software Market: Rising Adoption of Intellectual Property Software Across Multiple End-Use Industries
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Intellectual property software market is segmented by component, application, and end-use industry. By component, global intellectual property software market is categorized into software, and services. Among these components, software segment is further segmented into cloud-based and on premise. Furthermore, services segment is categorized into development and implementation services, consulting services, and maintenance & support services. Among these services, maintenance & support services segment is anticipated to see flourishing growth during the forecast period. This is primarily due to rising adoption of intellectual property software across multiple end-use industries especially manufacturing, healthcare, and IT & telecommunication. Whereas cloud-based segment is expected to see increasing adoption, owning to the factor such as transition of businesses to paperless or cloud-based business models.
Based on applications, global intellectual property software market is categorized into patent management, trademark management, intellectual property portfolio management, intellectual property licensing, intellectual property reporting & analytics, and others. Intellectual property licensing, reporting, & analytics segments are projected to see healthy growth during the forecast period. On the basis of end-use industry, intellectual property software market is segmented into individuals (independent inventors), banking, financial institutions, and insurance (BFSI), government, healthcare, IT and telecommunication, electronics, manufacturing, and others. Among these, healthcare, IT & telecommunication, and electronics are the key industries supplementing the growth of intellectual property software market.
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The rising penetration of intellectual property software has encouraged many regional and global companies to extend their product portfolio across the world. Among these companies, some of the major players in global intellectual property software market are Aistemos, Ambercite, Anaqua, Inc., Clarivate Analytics, Dennemeyer, Evalueserve Netherlands B.V., Gemalto NV, Gridlogics, Innography, Inc., Innovation Asset Group, Inc., Inteum Company, LLC, Iolite Softwares Inc., IP Checkups, Inc., IP Street Holdings, LLC, IPfolio, LexisNexis, Minesoft Ltd., O P Solutions, Inc., Patrix AB, PatSnap Pte. Ltd., Questel, TORViC Technologies, Inc., VajraSoft Inc., Wellspring Worldwide, and XLPAT.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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