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Intellectual Property (IP) Management Software Market Analysis

  • Report ID: GMI7039
  • Published Date: Oct 2023
  • Report Format: PDF

Intellectual Property Management Software Market Analysis

Intellectual Property (IP) Management Software Market Size, By Deployment Model, 2022 – 2032, (USD Billion)

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The cloud segment held approximately 65% market share in 2023. The increasing need to centralize IP operations is driving cloud deployments in the intellectual property management software industry. Businesses are demanding efficient solutions that enable centralized management of intellectual property assets. Rising demand for centralized control, coupled with the flexibility and convenience of cloud technology, is fueling the adoption of cloud-based IP management software solutions in this market.
 

Intellectual Property (IP) Management Software Market Share, By End-User Industry, 2023

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The IT & telecom segment captured market share of around 31% in 2022. The IT & telecom sector is facing a surge in intellectual property litigations due to fierce market competition. Companies frequently engage in legal battles to protect patents, trademarks, and novel technologies. As innovations overlap and technologies converge, disputes concerning intellectual property rights have become common. Effective IP management software is crucial in this landscape, aiding companies in monitoring potential infringements, maintaining compliance, and swiftly responding to legal challenges. It serves as a vital tool in safeguarding intellectual property assets amid increasing litigations within these industries.
 

China Intellectual Property (IP) Management Market Size, 2022 -2032, (USD Million)

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Asia Pacific led the global Intellectual Property management software market with a major share of over 35% in 2023. The regional market is thriving due to constant technological innovations. The influx of patents, trademarks, and copyrights in Asia Pacific necessitates efficient management, fueling the demand for specialized software solutions. The region's focus on research & development, coupled with the high number of patent filings, further propels the adoption of advanced intellectual property management software, making Asia Pacific a key market for innovation and growth.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of Intellectual property management software was worth USD 8.9 billion in 2023 and is estimated to register over 13.5% CAGR between 2024 and 2032, owing to the increasing volume of patents.

The IT & telecom segment held approximately 31% share of the intellectual property management software market in 2023 and will grow significantly through 2032, owing to the fierce market competition.

Asia Pacific region captured more than 35% share of the IP management software industry in 2023 and will grow significantly through 2032, due to constant technological innovations in the region.

Anaqua Inc., Cardinal IP, Clarivate PLC, Dennemeyer, LexisNexis, PatSeer Technologies Pvt. Ltd, Patsnap Pte Ltd, Questel, WebTMS Limited, and Wellspring Worldwide.

Intellectual Property Management Software Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 349
  • Countries covered: 21
  • Pages: 300
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