Intellectual Property Management Software Market Analysis

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: