Industry Background:
Intellectual property management software is a software that helps in the tracking of patents, trademarks, copyrights, design, and other intellectual property. It also helps the user to facilitate paperless work and can be used by various corporates that aim to frame an enhanced IT infrastructure and system. The demand for intellectual property software is expected to rise in the forecasted period owing to the rising adoption of the Internet of Things (IoT) and the increasing use of intellectual property software across numerous end-users.This growth is primarily driven by Increasing Awareness of Intellectual Property Rights Among the End-Users, Increase in Demand for the Secured and Well-Documented System and Rising Adoption of Internet of Things (IoT) and Increasing Use of Intellectual Property Software Across Numerous End-users.
Globally, a noticeable market trend is evident Integration of Analytics with Intellectual Property Software. Major Players, such as Aistemos (United Kingdom), Innovation asset group Inc. (United States), IPfolio (United States), Patrix AB (Sweden), Anaqua Inc. (United States), WebTMS, CPA Global (United Kingdom), Lecorpio (United States), Gridlogics Technologies Pvt Ltd (India) and Leocorpio (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In April 2018, Alibaba Tech Team develops its new branch management mode ‘AoneFlow’, which helps to gain and maintain patents, trademarks, licenses and rights across the intellectual property lifecycle. Similarly, leading companies, like Apple Inc., Xiaomi, Huawei, and HTC have their advance IP business departments focused on advanced R&D across the global market.
Regulatory Insights:
According to WIPO, the number of patent grants worldwide increased to around 1.4 million in 2017 from 1 million in 2011.
Market Drivers
- Increasing Awareness of Intellectual Property Rights Among the End-Users
- Increase in Demand for the Secured and Well-Documented System
- Rising Adoption of Internet of Things (IoT) and Increasing Use of Intellectual Property Software Across Numerous End-users
Market Trend
- Integration of Analytics with Intellectual Property Software
Restraints
- Complexity in Maintaining Software
- High Cost of Investment, Poor Rate of Awareness and Data Security
Opportunities
Advancement in the Information and Communication Technologies and Rise in Awareness and Adoption of Intellectual Property Software across Emerging Economies
Challenges
Lack of Skilled Professionals
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Intellectual Property Software Study Sheds Light on
The Intellectual Property Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Intellectual Property Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Intellectual Property Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.