Intellectual Property Management Software Market size was over USD 10.3 billion in 2024 and is estimated to reach USD 48 billion by the end of 2037, expanding at a CAGR of 13.7% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of intellectual property management software is assessed at USD 11.7 billion.
The increasing need for globalization of businesses to expand their company portfolio is driving significant growth in this sector. With the increase in international exports, the need to preserve IP assets while complying with region-specific jurisdictions has inflated. This further encourages organizations to adopt advanced technologies for managing their IP rights.
The intellectual property management software market has introduced an efficient way for businesses to track, protect, and enforce their IPRs while reducing thefts. The enhanced features can enable profitable management of international filings, renewals, and regulations, offering organizations hassle-free business operations even in external regions. For instance, in May 2024, Anaqua launched PATTSY WAVE Version 8 to offer expanded data validation throughout the global landscape. The streamlined IP management software comes with an enhanced user interface, offering precision and ease to corporations and law firms. The efficient execution of these tools is further inspiring businesses and companies to adopt and introduce more innovative solutions.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
13.7% |
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Base Year Market Size (2024) |
USD 10.3 billion |
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Forecast Year Market Size (2037) |
USD 48 billion |
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Regional Scope |
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Deployment Model (On-premises, Cloud)
In terms of the deployment model, cloud segment is likely to account for more than 68.1% intellectual property management software market share by the end of 2037. The remarkable growth is driven by the cost-efficiency and convenience of using cloud-based tools for IP management. These open platforms are preferred for their flexibility and scalability, compared to the traditional IT infrastructure. Many small to medium enterprises are now implementing such software to enable remote accessibility and collaboration between stakeholders and teams. In October 2023, MaxVal launched a modern IP management software, Symphony for law firms, enabling workflow automation, eliminating the need for expensive custom coding.
Component (Software, Service)
Based on components, the service segment is expected to capture a significant share of the intellectual property management software market by the end of 2037. The segment encompasses a variety of offerings such as consulting, training, licensing, and analytics. These services are often preferred due to the availability of customized options as per industrial or organizational needs. Companies are now investing to add these services to their products to capture a wide range of consumer base. For instance, in September 2024, Questel partnered with a SaaS-based platform, Patently to deliver enhanced patent data and services to a broader range of IP professionals. The strategic partnership will spread the reach of the company’s SEP data to Patently’s network of patent litigation and licensing, business development, and technology transfer.
Our in-depth analysis of the global IP management software market includes the following segments:
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Deployment Model |
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Component |
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Type |
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End use Industry |
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North America Market Analysis
North America is estimated to generate remarkable revenue in the intellectual property management software market by the end of 2037. The growth of this region is driven by the presence and efforts of the global IP solution providers. Leaders including Anaqua, LexisNexis, and Wellspring Worldwide are expanding the industry reach of this region overseas. Software companies are establishing a profitable marketplace to create opportunities for other domestic leaders. For instance, in February 2021, Anaqua acquired Quantify IP to offer organizations and law firms portfolio cost budgeting and tools to enhance IP strategies. The acquisition further leveraged the flagships including Global IP Estimator and Portfolio Estimator to integrate them with its IP managing software.
The U.S. IP management software market is a hub of innovators, serving global clients with advanced solutions. The domestic leaders are magnifying their investments to accelerate their progress in the global landscape. For instance, in February 2023, Wellspring Acquired IP Pragmatics to widespread its offerings to 900 companies, research institutions, and government agencies worldwide. The acquisition is a part of the company’s strategy to expand and consolidate its position across North America, Europe, and Asia.
Canada is also elevating its IT offerings to achieve great success in the intellectual property management software market. Growing awareness about the importance of preserving IP assets has propelled the demand for advanced solutions. The country’s strong technological and regulatory ecosystem is also contributing to driving innovation in this sector. Investments in R&D for industries including technology, biotechnology, and manufacturing accelerate the speed of IP generation and subsequently enlarge the IP market.
APAC Market Statistics
Asia Pacific intellectual property management software market is set to account for revenue share of more than 37.5% by the end of 2037. It is expected to witness lucrative growth due to technological developments and innovations. The advancements have leveraged the amount of investment in R&D for various industries. This has further led to a greater number of IP generation in developing countries such as China, Japan, India, and South Korea. A higher volume of patents, trademarks, and copyrights are being issued, which propels the demand for efficient IP management tools. Many global leaders are now taking the opportunity to expand their business to serve such an enlarging demand. For instance, in January 2024, Anaqua partnered with AnyGen to introduce AI solutions for the IP industry in this region.
India is estimated to garner greater investment opportunities for the intellectual property management software market, following its aim of complete digitalization. Many domestic companies and government research teams are individually contributing to bringing innovations in this sector. For instance, in May 2024, LexOrbis partnered with Researchwire to introduce robust IP solutions for consumers. The collaboration aims to utilize RW’s bespoke tools and methodologies to enhance its IP services, solidifying its global presence.
Being one of the highest patent application holders, China is fostering a profitable scope for the participants in the intellectual property management software market. The majority of the domestic leaders and startups are showing interest in investing in IP solutions. This is further attracting foreign investors for participation. The government is also taking the initiative to boost international businesses by commencing supportive policies and forums. For instance, in October 2024, the CNIPA and IPONZ announced to launch PPH pilot program for two years. This will further allow for fast patent examination for different countries and regions.
The current tech leaders are showing interest in developing new technologies for boosting the performance of IP tools. This further inspires other companies to invest more in innovation and development. For instance, in June 2024, Clarivate launched the IP Collaboration Hub to reduce risks and time consumption during filing and prosecution. The new solution integrates with IPMS to provide a connective portal for local agents and instructors, automating communication between all individuals. Such developments are further encouraging other competitors to introduce more innovative solutions for this sector. Such key players include:
Author Credits: Abhishek Verma
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