Credence Research, Inc published the latest market report, “Global Enterprise IP Management Software Market: Growth, Future Prospects, and Competitive Analysis, 2017 – 2030”. The Global Enterprise IP Management Software Market generated revenue of around USD 6.2 billion in 2022 and is anticipated to grow a CAGR of over 17.8% during the forecast period from 2023 to 2030 to reach around USD 19.6 billion in 2030.
Due to more large companies choosing outsourcing IP management services, the industry is growing. Moreover, internal IP management is a time- and resource-intensive task that demands high costs. IP management outsourcing helps SMEs and big businesses by boosting output, boosting profits, protecting revenues, and reducing costs. As a result, the increasing emphasis that businesses are placing on safeguarding innovations, increasing revenues, and streamlining corporate operations will fuel the intellectual property services segment and support the market's growth throughout the forecast period.
The global enterprise IP management software market is bifurcated into Type, Services, End User and Geography. Based on type, the market is categorized into trademark IP management software, patent IP management software, copyright IP management software, design IP management software, and litigation IP management software. The global market is segmented into consulting, implementation services and support & maintenance based on services. Based on end users, the market is categorized into BFSI, pharmaceuticals, automotive, aerospace & defense, information technology, and research institutes. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
In 2022, North America dominated the market and generated more than 40% of worldwide revenue. The widespread use of the internet in the US and Canada and the presence of companies like Anaqua Inc., CPA Global, and Questel in the US have all contributed to the region's growth. Also, the market is growing due to the area's expanding network of intellectual property offices. For instance, the World Intellectual Property Organization (WIPO) reports that in 2019, North America was home to more than one-fifth of all IP offices worldwide.
Enterprise IP management software is a critical tool for businesses that rely on intellectual property (IP) to drive their success.
However, the market for these products faces several major challenges.
· First, enterprises are increasingly aware of the importance of IP management, but many do not have dedicated staff or resources to manage it effectively. This lack of dedicated resources can lead to lost opportunities and potential revenue.
· Second, even when enterprises do have dedicated IP management staff, they often lack the necessary expertise and knowledge to use the software effectively. This can lead to errors and inefficiencies in the management of IP assets.
· Third, enterprise IP management software is often complex and expensive, which can make it difficult for small and medium-sized enterprises (SMEs) to justify the investment. In addition, the high cost of these products can limit their use to only the most critical IP assets.
Why Buy This Report-
· The report provides a qualitative and quantitative analysis of the global enterprise IP management software market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2018-2021, base year- 2022, and forecast period 2023-2030.
· The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
· In-depth analysis of the global enterprise IP management software market segmentation based on type, services and end user.
· Major countries in each region with their import/export statistics
· The global enterprise IP management software market report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
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Straits Research has added a new report titled, “Enterprise IP Management Software Market Professional Report 2021” to its vast repository of research reports.
This is a thorough report focused on the current and future prospects of the Enterprise IP Management Software Market.
The report offers data of previous years along with in-depth analysis from 2021 to 2029 on the basis of revenue (USD Billion).
Besides, the report offers a comprehensive analysis of the factors driving and restraining the growth of the market coupled with the impact they have on the demand over the forecast period.The study gives a clear view on the Enterprise IP Management Software Market and includes a detailed competitive scenario and thorough company profile of the key players operating in it.
To get a clear idea of the competitive landscape in the market, the report conducts an analysis of Porter’s Five Forces Model, SWOT analysis, and Pestel analysis.
The report also provides a market attractiveness analysis, in which the segments and sub-segments are studied on the basis of their market size, growth rate, and general attractiveness.Request Sample Report of Enterprise IP Management Software Market @ https://straitsresearch.com/report/enterprise-ip-management-software-market/request-sampleThe report is segmented as follows:Major Key players covered in this report:Anaqua Inc., Cardinal Intellectual Property, Inc., CPA Global, FlexTrac, Gridlogics, Patrix AB, PatSnap, WebTMS, Lecorpio, and IP Folio.By Component, Software, Services, By Organization Size, Large Enterprises, SMEs, By Vertical, High Tech, IT and Telecom,, Agriculture, Manufacturing, Healthcare Life Science and Manufacturing, Automotive, Banking and Finance, Energy and Utilities, Others Some of the major geographies included in the market are given below:North America (U.S., Canada)Europe (U.K., Germany, France, Italy)Asia Pacific (China, India, Japan, Singapore, Malaysia)Latin America (Brazil, Mexico)Middle East & AfricaKey questions answered in the report includeWhat will the Enterprise IP Management Software market size and the growth rate be in 2029?What are the key factors driving the global market?Who are the key vendors in the Enterprise IP Management Software Industry?What are the market opportunities and threats faced by the vendors in the Enterprise IP Management Software market?Trending factors influencing the market sharesWhat are the key outcomes of the five forces analysis of the Enterprise IP Management Software?Key Points Covered in the Table of Content:Chapter 1 to explain Introduction, market review, market risk and opportunities, market driving force, product scope of Enterprise IP Management Software Market;Chapter 2 to inspect the leading manufacturers (Cost Structure, Raw Material) with sales Analysis, revenue Analysis, and price Analysis of Enterprise IP Management Software Market;Chapter 3 to show the focused circumstance among the best producers, with deals, income, and Enterprise IP Management Software market share 2021;Chapter 4 to display the regional analysis of Enterprise IP Management Software Market with revenue and sales of an industry, from 2021 to 2029;Chapter 5, 6, 7 to analyze the key countries (United States, China, Europe, Japan, Korea & Taiwan), with sales, revenue, and market share in key regions;Chapter 8 and 9 to exhibit International and Regional Marketing Type Analysis, Supply Chain Analysis, Trade Type Analysis;Chapter 10 and 11 to analyze the market by product type and application/end users (industry sales, share, and growth rate) from 2021 to 2028Chapter 12 to show Enterprise IP Management Software Market forecast by regions, forecast by type and forecast by application with revenue and sales, from 2021 to 2029;Chapter 13, 14 & 15 to specify Research Findings and Conclusion, Appendix, methodology, and data source of Enterprise IP Management Software market buyers, merchants, dealers, sales channel.Read the full report: @ https://straitsresearch.com/report/enterprise-ip-management-software-marketAbout Us:Straits Research is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.For more details, please contact us -Straits Research Address:825 3rd Avenue, New York, NY 10022Email: [email protected]: +1 646 480 7505Website: https://straitsresearch.com/
