Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.73 Billion | USD 54.58 Billion | 13.5% | 2024 |
The global enterprise intellectual property management software market size was worth around USD 13.73 Billion in 2024 and is predicted to grow to around USD 54.58 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 13.5% between 2025 and 2034. The report analyzes the global enterprise intellectual property management software market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the enterprise intellectual property management software industry.
A software application used by companies to manage and safeguard patents, licenses, innovations, trademarks, copyrights, royalties, brands, and other associated legal rights is known as intellectual property (IP) management software. For both new and current IP ownership, it helps automate forms and correspondence. It also tracks incidents of infringement and any legal rights breaches for possible follow-up prosecution. Additionally, it helps with the planning and execution of intellectual property filings, including trademark registration, patent applications, and litigation.
Increasing use of industrial design, patents, and trademarks drives market growth
A successful product has to change to meet consumer needs and industry developments. It takes innovation based on previously filed patents in many countries to provide functionality. Getting a pricing edge also requires innovations. Businesses are being forced to improve their intellectual property management due to the market's growing reliance on different types of patents to produce products and improve their usefulness. The quantity of patent applications filed each year has increased dramatically as a result. For instance, WIPO Statistics Database, global patent applications increased by 3.6% in 2021. The activity of filings for trademarks and industrial designs increased by 5.5% and 9.2%, respectively. Globally, there have been around 3.4 million patent submissions, 18.1 million trademark filings, and 1.5 million industrial design filings. Thus, the aforementioned stats are expected to drive the global enterprise intellectual property management software market growth.
Implementing cost impedes market growth
For small and medium-sized businesses (SMEs), in particular, implementing intellectual property management software can be costly. The upfront expenses associated with license, customization, and training could discourage certain firms from implementing these solutions. For instance, the median cost of a software patent, as reported by the American Intellectual Property Law Association, is $10,000, which also includes the filing expenses for the patent application.
Growing partnership among key players offers a lucrative opportunity for market growth
The growing partnership among key players is expected to offer a lucrative opportunity for enterprise intellectual property management software industry growth during the forecast period. For instance, in May 2023, with the launch of TCS Generative AI, a new offering from Tata Consultancy Services (TCS), the company announced an expansion of its partnership with Google Cloud. TCS Generative AI uses Google Cloud's generative AI services to design and implement specialized business solutions that help clients take advantage of this innovative technology to speed up their growth and transformation. Capitalizing on its extensive domain expertise spanning many business sectors and its research & innovation expenditures, TCS has built up a substantial collection of AI-driven solutions and proprietary knowledge in the domains of AIOps, Algo RetailTM, smart manufacturing, digital twins, and robotics. The company is presently investigating how generative AI may be utilized to provide value in various business contexts with clients across various sectors.
Limited customization poses a major challenge for the market growth
Organizations with distinct IP management procedures and needs may find that certain IP management software solutions provide restricted customization choices. Flexibility may be compromised and inefficiencies may arise. Thus, posing a major challenge for the market growth.
The global enterprise intellectual property management software market is segmented based on Component, Deployment Mode, Application, Organization Size, End-user Industry, and region.
Based on Component, the global enterprise intellectual property management software market is divided into Software, Services.
On the basis of Deployment Mode, the global enterprise intellectual property management software market is bifurcated into Cloud, On-premise.
By Application, the global enterprise intellectual property management software market is split into Patent Management, Trademark Management, Licensing, IP Portfolio Management, Others.
In terms of Organization Size, the global enterprise intellectual property management software market is categorized into Large Enterprises, SMEs.
By End-user Industry, the global Enterprise Intellectual Property Management Software market is divided into BFSI, Healthcare, IT & Telecom, Automotive, Aerospace, Media & Entertainment, Others.
Report Attributes | Report Details |
---|---|
Report Name | Enterprise Intellectual Property Management Software Market |
Market Size in 2024 | USD 13.73 Billion |
Market Forecast in 2034 | USD 54.58 Billion |
Growth Rate | CAGR of 13.5% |
Number of Pages | 204 |
Key Companies Covered | IBM, CPA Global, Questel, Anaqua, Dennemeyer, PatSnap, Clarivate, Ipan GmbH, TORViC Technologies, Ipfolio, Computer Packages Inc (CPi), Minesoft, Bizsolution Software, AppColl, O P Solutions Inc., TrademarkNow, Patrix, and others., and others. |
Segments Covered | By Component, By Deployment Mode, By Application, By Organization Size, By End-user Industry, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to dominate the market over the forecast period
North America is expected to dominate the global enterprise intellectual property management software market over the forecast period. The high level of end-user knowledge about intellectual property and its management, the large number of internet users in the United States and Canada, and the existence of major firms like Anaqua Inc., CPA Global, and Questel in the United States are all factors contributing to the region's growth. Moreover, the expansion of the industry is also being supported by the rising number of intellectual property offices in the region. Besides, the Asia Pacific is expected to grow at a rapid rate over the forecast period because of the rise in industrial applications, patents, and trademarks in nations including South Korea, China, Japan, and India. Furthermore, as a result of the recent increase in patents, end-user sectors in the Asia Pacific area, including IT, Telecom, and BFSI, are adopting intellectual property management software at a substantial rate.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the enterprise intellectual property management software market on a global and regional basis.
The global enterprise intellectual property management software market is dominated by players like:
By Component
By Deployment Mode
By Application
By Organization Size
By End-user Industry
By Region
FrequentlyAsked Questions
Enterprise Intellectual Property (IP) Management Software is a digital solution that helps organizations manage, track, and protect their intellectual property assets—such as patents, trademarks, copyrights, and trade secrets. It streamlines processes like filing, renewals, licensing, and legal compliance, improving efficiency and reducing IP-related risks.
The global enterprise intellectual property management software market is expected to grow due to Rising R&D investments and need for efficient IP asset tracking and protection fuel demand. Increasing patent filings and global competition also contribute.
According to a study, the global enterprise intellectual property management software market size was worth around USD 13.73 billion in 2024 and is expected to reach USD 54.58 billion by 2034.
The global enterprise intellectual property management software market is expected to grow at a CAGR of 13.5% during the forecast period.
North America is expected to dominate the enterprise intellectual property management software market over the forecast period.
Leading players in the global enterprise intellectual property management software market include IBM, CPA Global, Questel, Anaqua, Dennemeyer, PatSnap, Clarivate, Ipan GmbH, TORViC Technologies, Ipfolio, Computer Packages Inc (CPi), Minesoft, Bizsolution Software, AppColl, O P Solutions Inc., TrademarkNow, Patrix, and others., among others.
The report explores crucial aspects of the enterprise intellectual property management software market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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