Intellectual Property Management Software Market
Report ID: SQSG45E2028
Report ID: SQSG45E2028
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Report ID:
SQSG45E2028 |
Region:
Global |
Published Date: January, 2025
Pages:
157
|Tables:
87
|Figures:
75
Global Intellectual Property Management Software Market size was valued at USD 9.98 Billion in 2024 and is poised to grow from USD 11.32 Billion in 2025 to USD 30.95 Billion by 2033, growing at a CAGR of 13.4% during the forecast period (2026–2033).
A legal strategy known as intellectual property gives its authors or inventors certain exclusive rights in order to preserve ideas or discoveries for commercial gain. The market for IP management software is expanding significantly as a result of larger businesses gradually adopting more outsourced services. It's equally crucial to manage the organization's intellectual property portfolio as it is to manage the company's operations. It is a substantial aspect of the value jigsaw for practically every organisation. Additionally, anyone running a business is aware of the significance of optimising the return on investments made in terms of personnel, assets, goods, and services. However, many businesses disregard or undervalue intellectual property.
Intellectual property is more than simply a collection of legal privileges that only attorneys should be concerned about; it is also principally a collection of several priceless commercial assets that give organisations an advantage over rivals. Patents, copyrights, trademarks, and trade secrets are all included. As a result, managing, organising, and reviewing the IP becomes crucial because it is the source of value. As the company develops, managing all potential intellectual property assets has emerged as one of the most essential elements of ensuring a position in the market. Market vendors can be a big aid to businesses in preventing theft of their competitive advantages. IP management software and service providers direct the creation of a more intelligent IP portfolio that may correspond with business goals by utilising a wealth of experience.
US Intellectual Property Management Software Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2026-2033
Global Market Size
USD 8.8 billion
Largest Segment
software
Fastest Growth
software
Growth Rate
13.4% CAGR
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Global Intellectual Property Management Software Market is segmented by Component, Deployment Model, Type, End-user Industry and region. Based on Component, the market is segmented into Software and Services. Based on Deployment Model, the market is segmented into Cloud and On-premises. Based on Type, the market is segmented into Patent intellectual property management, Trademark intellectual property management, Copyright intellectual property management, Design intellectual property management and Others. Based on End-user Industry, the market is segmented into BFSI, Healthcare, Automotive, IT and telecom, Research institutes and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Based on the component, the intellectual property management software market is bifurcated into service and software. The software segment held the larger market share. The increased use of intellectual property management software across a number of sectors, including BFSI, IT and telecom, technology, automotive, healthcare, and jewellery, is responsible for the segment's growth. These industries frequently use the software to register and manage their intellectual property rights. Over the forecast period, the service segment is expected to grow at the highest CAGR of 16.0%. When deploying intellectual property management software, IP services are essential. The companies that sell this software also offer services like software maintenance, upgrades, and bug fixes. Additionally, they offer training and consultation services to help end users use the software easily.
Based on deployment, the intellectual property management software market is segmented into on-premise and cloud. With a revenue share of more than 50.9% in 2021, the on-premise segment dominated the market. The internal infrastructure of an organisation is used to install and run this software. Additionally, those who file patents can track and manage their applications using the PC software. Internal teams can find and fix system bugs thanks to on-premise deployment. During the forecast period, the cloud market is projected to grow at a CAGR of 16.3%. Due to factors like on-demand availability of solutions and services and no setup fees, cloud deployment services are becoming more widely used, which is responsible for the segment growth.
Based on end use, the market is segmented into individual, commercial. Globally, more and more industries are applying for patents, which is helping the segment develop. The commercial section is further subdivided into BFSI, IT and telecommunications, automobile, technology, and others. 35.6% of the market share for the commercial segment was held by the BFSI segment. Global expansion of banking and financial institutions is anticipated to support segment growth throughout the forecast period. Over the projection period, the individual segment is expected to grow at a CAGR of 17.0%. Software solutions for managing intellectual property assist people in submitting patent applications and following up on them in a simple manner, helping the segment's expansion.
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North America is expected to control the intellectual property management software market share. North America dominated the market, accounting for more than 40% of worldwide sales in 2021. The region's rise can be ascribed to end-users' strong knowledge of intellectual property and its management, a large number of internet users in the United States and Canada, and the presence of businesses such as Anaqua Inc., CPA Global, and Questel in the United States. Furthermore, the region's large majority of intellectual property offices is helping market growth. According to WIPO data, intellectual property offices in North America accounted for more than one-fifth of all IP offices worldwide in 2019.
Asia Pacific held the second largest position in market. The growing number of IT and telecom firms, combined with numerous automobile production units in countries like India and China, is expected to drive regional market expansion. According to Tech Mahindra's CEO and Managing Director, the pandemic has enhanced the rate of technology adoption as IT companies got virtual. As a result, cloud-based digital solutions would improve agility, enable hybrid workspaces, and enable IP-led innovation for India's information technology-enabled services (ITeS) industry, which has been at the forefront of digital transformation and enterprise. Huawei released a new white paper on innovation and intellectual property in March 2021 at the Forum on Innovation and IP Prospects in 2021 and beyond. Huawei asserted that it became one of the world's largest patent holders through investing in innovation on a consistent basis. By the end of 2020, Huawei had over 100,000 active patents in over 40,000 patent families around the world.
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The global intellectual property management software market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Top Players in the Intellectual Property Management Software Market
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global intellectual property management software market analysis, in terms of component, the software segment held the larger market share. The increased use of intellectual property management software across a number of sectors, including BFSI, IT and telecom, technology, automotive, healthcare, and jewellery, is responsible for the segment's growth. In terms of end use, the commercial segment held the highest market share owing to the maximum contribution of BFSI sector.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 9.98 Billion |
| Market size value in 2033 | USD 30.95 Billion |
| Growth Rate | 13.4% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Intellectual Property Management Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Intellectual Property Management Software Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Intellectual Property Management Software Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Intellectual Property Management Software Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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