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.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?