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Enterprise IP Management Software Market size, growth rate, and opportunities by 2025 | Anaqua, IPfolio, WebTMS, Cardinal IP, Patrix AB, FlexTrac, Lecorpio, CPA Global, Inteum, Gridlogics
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Enterprise IP management software is an automation system for the modern corporate that supports the tracking of patents, trademarks, copyrights, and IP. The software facilitates paperless work and is used by corporates that aim to frame an advanced IT infrastructure and system. This software enables the corporate’s IPR Departments, to perform periodic activities easily, efficiently, effectively and accurately. Trademark IP management software type is anticipated to grow at a significant growth rate owing to the increasing number of trademarks registered worldwide.
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Key trend which will predominantly effect the market in the coming year is increasing demand for intellectual property protection and the majority of the companies retain their IP in order to sustain the global enterprise competition. IP Assets are valuable and flexible key assets for creating and sustaining enterprise competition. Globalization and trade liberalization have made most it significant for all enterprises including SMEs become competitive on intercontinental platform even if the company is operating in the domestic market only limited to a single country.
Companies Mentioned:
1. Anaqua
2. IPfolio
3. WebTMS
4. Cardinal IP
5. Patrix AB
6. FlexTrac
7. Lecorpio
8. CPA Global
9. Inteum
10. Gridlogics
The global Enterprise IP Management Software market for the end-user industries is fragmented into BFSI, Information & Technology, automotive, aerospace & defense, research institutes and others. The segmentation is based upon the need for enterprise IP management software to improve intellectual property search, analytics and protection of intellectual properties. Information & Technology in the enterprise IP management software market has acquired the biggest share in 2016, followed by pharmaceuticals, Automotive, Research Institutes and Aerospace and defense. Information & Technology industry is the industry that initiates innovations. In the year 2014 tech companies accredited majority patents, which was more than 300,000 utility patents. The IT industries are estimated to further increase at a significant growth rate during the forecast period of 2017 – 2025.
The overall market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, the primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Enterprise IP Management Software industry.
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