About Enterprise IP Management Software
Businesses are adopting Enterprise IP Management software’s to manage and streamline all processes related to their trademarks, patents and others. Enterprises Intellectual Property Management software helps attorneys and IP law firms to collect IP rights in order to protect them. This software provides various tools and process to protect them. Enterprises IP management software is able to provide tools for each category like patents, trademarks, copyrights and others. This software mainly increase productivity and potential of IP team by tackling and resolving all complexities associated with it. Enterprise IP Management software’s work on docket management which avoids the storage of such critical information on spreadsheets. This Enterprise IP Management software’s are able to offer centralized IP portfolio which enable enterprises to secure & manage their IP related data. This software protects Patents, Design, copyright, Trademarks, domestic & foreign filings, and oppositions in centralised systems. Thus, owing to efficiency associated with Enterprise IP Management software’s, most of the law firms and business tends to adopt this system for their portfolio. The market is anticipated to gain growth opportunities from strategic initiatives like merger’s and partnership. For instance, Clarivate has established partnership with ProspeQt to grab the potential South American market for Enterprise IP Management software.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Enterprise IP Management Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Salesforce (United States), IBM (United States), SAP SE (Germany), Clarivate (United States), PracticeLeague Legaltech Pvt. Ltd. (India), Infoblox. (United States), Anaqua, Inc. (United States), 4iQ. (United States), SnapDragon Monitoring Ltd (United Kingdom), Work AnyWare Ltd. (United Kingdom), Iolite Softwares Pvt. Ltd. (India), Red Points (United States) and PatSnap. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TrademarkNow (Finland), Bitmark (Taiwan) and GQ Life Sciences (United States).
Segmentation Overview
AMA Research has segmented the market of Global Enterprise IP Management Software market by Type (Trademark IP Management Software,, Patent IP Management Software,, Copyright IP Management Software,, Design IP Management Software,, Litigation IP Management Software,, Domain IP Management Software, and Multifunctional IP Management Software), Application (Docket Management, Brand Management, Task Management, Reports and Analytics and Others) and Region.
On the basis of geography, the market of Enterprise IP Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Patent will boost the Enterprise IP Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. SMEs will boost the Enterprise IP Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Enterprise IP Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Enterprise IP Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption Of Organisations And Law Firms Towards End To End IP Portfolio Management Solutions Which Further To Reduce Overall Maintenance Cost
Market Growth Drivers:
Use of Sophisticated Set of Computations Software for Managing Patent Lifecycle on Single Integrated Platform Is Driving the Demand for Enterprise IP Management Software and Rising Necessity for Streamlining Business Process Flows in Intellectual Property Management
Challenges:
Data Security Concerns
Restraints:
High Cost Associated with Installation & Technical Issue associated with Software Handling
Opportunities:
Technological Advancements with AI & Automation Has Created Ample Opportunities, and Inclination of Mid & Small Size Enterprises towards Implementation of IP Management Software’s For Their Portfolio Management Has Created Growth Opportunities for Market Players
Market Leaders and their expansionary development strategies
In July 2017, Anaqua, Inc., has established Merger with Lecorpio. This both organisations are leading market players for developing end-to-end IP management software and portfolio management services. This merger is mainly focusing on powering corporations and law firms with the tools to streamline operations, gain insight, and maximize the value of IP assets.
In October , 2023 MaxVal Group, Inc. (“MaxVal”), a leading provider of intellectual property management solutions, announced today the release of Symphony for Law Firms.
Key Target Audience
Enterprises IP Management Software Manufacturers/Suppliers/Distributor, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.