Global Intellectual Property Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Intellectual Property Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Intellectual Property Services market finds that the global Intellectual Property Services market reached a value of USD 2881.5 million in 2022. It’s expected that the market will achieve USD 5840.35 million by 2028, exhibiting a CAGR of 12.5% during the forecast period.

Growing Demand from Key Applications and Potential Industries

Intellectual property commercialization services mainly include evaluation of intellectual property, intellectual property transactions, intellectual property financing, intellectual property management and intellectual property custody.
Intellectual property consulting services mainly include early warning analysis, management consulting, strategy consulting and practical consulting. Early warning analysis refers to the early warning of intellectual property issues that enterprises may encounter through a professional analysis process to avoid economic disputes; management consulting refers to the entire process of enterprise intellectual property management, including the process of development and use; strategic consulting and practice Consultation refers to the current situation and maximizes the use of intellectual property through intellectual property strategy and practical consultation.

Market Challenges and Impact

As the number of trademark applications has steadily increased year by year, the number of available trademarks has become less and less, which makes it more and more difficult to protect the ownership of your brand, products and services. The same applies to patents and copyrights.
If intellectual property protection is something that has been shelved in companies for many years, now is the best time to invest. Especially when it comes to trademark registration, the low availability of trademark names means that you may face more confusing refusals, potential office actions, and the possibility of more complex back-and-forth communication with the government intellectual property office of your choice.
Therefore, if you cannot register trademarks and patents, it will be difficult to protect your business from infringement and imitation, which may seriously damage profitability and brand.
As the Chinese economy grows rapidly on a global scale, it is important to consider the impact of a more competitive market. In addition, China is not the only power behind the increased interest in intellectual property services, so competition is indeed everywhere, and every company needs all the help they can get to make ends meet.

Region Overview:

Geographically, America held the largest market share – 40.19% in 2022.

Company Overview:

CPA Global Ltd. is one of the major players operating in the Intellectual Property Services market, holding a share of 11.56% in 2023.

CPA Global Ltd.

CPA Global is the world's leading intellectual property (IP) management and IP software expert, and an international provider of outsourced legal services.

Dennemeyer Group

Dennemeyer is unique in the global intellectual property market. Global intellectual property law firm—Dennemeyer & Associates, intellectual property management service provider—Dennemeyer intellectual property solutions, Dennemeyer consulting, and the most advanced intellectual property management software—DIAMS iQ, has become the only “full-service provider for global intellectual property management” . Can solve the problem in one stop.

Segmentation Overview:

As for product types, the Patents segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Large Enterprises, with a market share of 71.11% in 2022.

Key Companies in the global Intellectual Property Services market covered in Chapter 3:

Clarivate Analytics
AIPEX
Baker McKenzie
Foley & Lardner LLP
PatSnap Pte. Ltd.
Linklaters
Wynne-Jones IP Ltd.
Evalueserve
Zacco
Anaqua, Inc.
Dolcera Information Technology Services Pvt. Ltd.
LexisNexis
Dennemeyer Group
McDermott Will & Emery LLP Inc.
CPA Global Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Intellectual Property Services market from 2018 to 2029 is primarily split into:

Patents
Trade Marks
Copyright
Designs
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Intellectual Property Services market from 2018 to 2029 covers:

SME
Large Enterprises

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)