Intellectual Property Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Intellectual property refers to the establishment by individual minds in the form of artistic and literary work, inventions, symbols, images, concepts, names, and designs that are primarily used in the commerce sector. The intellectual property service market aims to foster a productive environment wherein innovation is prized and creativity is fostered. The growing adoption of outsourced services to protect the IP rights and privileges are factors expected to fuel the intellectual property services market growth over the forecast period.

MARKET SCOPE

The "Global Intellectual Property Services Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the intellectual property services market with detailed market segmentation by IP type, service type, enterprise size, end-user, and geography. The report provides key statistics on the market status of the leading intellectual property services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on IP type, the global intellectual property services market is segmented into patents, trade marks, copyright, and designs.
  
•   On the basis of service type, the market is segmented into IP Protection and Management, IP Due Diligence, IP Valuation, and IP Landscape.
  
•   Based on Enterprise Size, the market is segmented into SMEs and large enterprises.
  
•   Based on end-user, the market is segmented into automobile, BFSI, IT and telecom, healthcare, media and entertainment, government, semiconductor, manufacturing, and others.
  

MARKET DYNAMICS

Drivers:

•   Intellectual property, privacy, security, and customer protection are major factors that need to be considered to promote a digital economy. Thereby, a rise in the adoption of IP services in the digital economy is anticipated to boom intellectual property services market growth.
  
•   The rising signing of contracts, collaborations, mergers, and acquisitions coupled with the growing trend of renting intellectual property is also propelling the growth of the intellectual property service market.
  

Restraints:

•   High costs of outsourcing intellectual property may hinder the growth of the global intellectual property service market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The intellectual property services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the intellectual property services market in these regions.

IMPACT OF COVID-19 ON INTELLECTUAL PROPERTY SERVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the intellectual property services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from intellectual property services market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the intellectual property services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Acumum
  
•   Anaqua, Inc.
  
•   CPA Global
  
•   Dennemeyer S.A.
  
•   LexisNexis
  
•   Marks & Clerk Law LLP
  
•   Patent Outsourcing Limited
  
•   Patrix AB
  
•   Venable LLP
  
•   Wynne-Jones IP
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Intellectual Property Services Report Scope