Global Intellectual Property Rights Royalty Management Market Overview:
Intellectual property rights are the rights given to persons over the creations of their minds. Intellectual property owners often choose to let other people use their ideas or creations. It helps them to expand their reach in untapped markets and another company can develop and commercialize the intellectual property for the licensor. However, day-to-day management of the IP properties is quite difficult for the IP owners or creators. For this purpose, many IP owners rely upon the service provider of royalty management to analyze and track relevant data and calculate the royalty collection.
As per latest study released by AMA Research, the Global Intellectual Property Rights Royalty Management market is expected to see growth rate of 12.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emerging Trends in Spheres of Innovation and Research
Market Growth Drivers:
Increasing Demand for Technological Solutions to Protect IP Rights and Manage IP Royalty and Rapidly Growing Media and Publishing Sector Across the Globe Will Boost the Adoption
Challenges:
Slow Adoption by the SMEs due to Concern of IP Theft by Licensee
Restraints:
High Upfront Fee or Royalty May Restrain the Market
Opportunities:
High Adoption of IP Rights Royalty Management Solution by Retail and Consumer Goods Sector
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Vistex, Inc. (United States), SAP SE (Germany), Ingenta (United Kingdom), Dependable Solutions (United States), FilmTrack, Inc. (United States), FADEL Partners Inc. (United States), CPA Global (Jersey), Lecorpio Inc. (United States), Anaqua (United States) and Capgemini (France). Analyst at AMA Research see United States Players to retain maximum share of Global Intellectual Property Rights Royalty Management market by 2030. Considering Market by Vertical, the sub-segment i.e. Retail & E-commerce will boost the Intellectual Property Rights Royalty Management market. Considering Market by Enterprise Size, the sub-segment i.e. Small & Medium Enterprises will boost the Intellectual Property Rights Royalty Management market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Intellectual Property Rights Royalty Management market. Considering Market by Component, the sub-segment i.e. Software will boost the Intellectual Property Rights Royalty Management market.
Latest Market Insights:
In February 2019, Questel announced the acquisition of an India and US-based IP services company Concur IP to expand its existing IP service portfolio. With this acquisition, Questel can support its clients throughout the IP lifecycle by offering patentability search, patent drafting, translation, and international filing, as well as post-grant support during licensing negotiation and litigation. However, the deal will also bring Concur IP’s Standard Essential Patent (SEP) expertise that enable companies to determine fair and reasonable licensing terms for standardized technologies.
On July 2021 Byju’s Acquired Education Platform Great Learning and after-school learning app Toppr. The acquisition cost for USD600 million to acquire Great Learning and USD150 million have been spent on acquiring Topper.
What Can be Explored with the Intellectual Property Rights Royalty Management Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Intellectual Property Rights Royalty Management Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Intellectual Property Rights Royalty Management
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Intellectual Property Rights Royalty Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Intellectual Property Rights Royalty Management market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Intellectual Property Rights Royalty Management Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.