Enterprise IP Management Software Market to 2025 - Global Analysis and Forecasts
NEW YORK, Oct. 23, 2017 /PRNewswire/ -- Enterprise IP Management Software market is expected to grow US$ 16.51 billion by 2025 from US$ 4.12 billion in 2016. Enterprise IP management software is an automation system for modern corporate that supports in the tracking of patents, trademarks, copyrights and IP. The software facilitates paperless work and is used by corporates that aims 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 coming year is increasing demand for intellectual property protection and 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.
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 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 have 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 an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were 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 consultant such as valuation experts, research analysts and key opinion leaders specializing in the Enterprise IP Management Software industry.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Enterprise IP Management software market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Enterprise IP Management software market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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