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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381780

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381780

Global Patent Analytics Market Size study & Forecast, by Component, by Enterprise Size, by End User and Regional Analysis, 2023-2030

PUBLISHED: October 20, 2023

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DELIVERY TIME: 2-3 business days

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Global Patent Analytics Market is valued at approximately USD 904.1 million in 2022 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2023-2030. Patent analytics refers to the systematic analysis of patent data to gain insights and extract valuable information. It involves using various techniques and tools to analyze patent documents, including their content, citations, classifications, and other metadata. The objective of patent analytics is to uncover trends, patterns, and relationships within patent data to inform strategic decision-making, identify opportunities for innovation, assess competitive landscapes, and support intellectual property (IP) management. The Patent Analytics market is expanding because of factors such as the rising number of patent filings across the globe and increasing R&D investment by end-users.

As companies and individuals seek to protect their innovations and inventions, they file for patents to secure exclusive rights. This leads to an increase in the overall number of patent applications and grants, necessitating efficient and comprehensive patent analytics to navigate the crowded IP landscape. The World Intellectual Property Organisation reports that global patent filing activity climbed by 3.6% in the year 2021 as compared to the year 2020, while in year 2021 global trademark filling was increased by 5.5% as compared to year 2020, and industrial design filing activity increased 9.2%, respectively, in the year 2021. In terms of volume, in the year 2021, there were 3.4 million patent submissions worldwide, 18.1 million trademark filings, and 1.5 million industrial design filings. Thus, the rising number of patent filings activities is driving the market growth. Growing research and development (R&D) efforts in healthcare, manufacturing, IT & telecommunications, and other industries have increased demand for analytics tools. End users in these industries spend a significant amount of money filing for IP rights before releasing their innovative products. These traits present a plethora of chances for well-known industry participants. For instance, the Samsung Electronics 2021 Business Report reports that the corporation owned 47,900 Korean and 84,202 American patents as of 2021 and invested over USD 17.38 billion in R&D. Additionally, the business had 216,404 patents across the globe. In addition, the rising adoption of cloud computing and intellectual property (IP) management platforms and the growing demand for customized services by SMEs and large-scale enterprises are creating new opportunities for market growth. However, high transactional costs associated with software and services hampers the market growth throughout the projected period 2023-2030.

The key regions considered for the Global Patent Analytics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the factors such as the rising number of intellectual property rights fillings, across various industries, rising investment in research and development activities, and rising adoption of advanced technologies in the region. Whereas, Asia Pacific is projected to register significant growth owing to factors such as the growing adoption of advanced analytics tools and the increasing number of patent applications in the region.

Major market player included in this report are:

Anaqua, Inc.
Clarivate Analytics Plc
LexisNexis
Gridlogics Technologies Pvt. Ltd.
Harrity & Harrity, LLP
International Business Machines Corporation
Minesoft Ltd.
Ocean Tomo, LLC
Wynne-Jones IP Ltd
PatSnap Limited

Recent Developments in the Market:

In February 2023, LexiNexis signed a contract to acquire Aistemos Limited (Cypher brand), a patent classification company, to enhance its IP analytics capabilities. Customers can now alter the technology taxonomy used throughout LexiNexis' IP division.
In November 2022, Clarivate collaborated with IPwe to develop blockchain and AI patent solutions. The agreement allowed Clarivate to provide IPwe with patent data to create and support its Smart Intangible Asset Management platform.

Global Patent Analytics Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Enterprise Size, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution
Services

By Enterprise Size:

Large-scale Enterprises
SMEs

By End User:

IT and Telecommunication
Healthcare & Pharma
Banking
Financial Services and Insurance (BFSI)
Automotive
Media and Entertainment
Food and Beverages
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Patent Analytics Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Patent Analytics Market, by Component, 2020-2030 (USD Million)
- 1.2.3. Patent Analytics Market, by Enterprise Size, 2020-2030 (USD Million)
- 1.2.4. Patent Analytics Market, by End User, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Patent Analytics Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Patent Analytics Market Dynamics

3.1. Patent Analytics Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising number of patent filings across the globe
  - 3.1.1.2. Increasing R&D investment
- 3.1.2. Market Challenges
  - 3.1.2.1. High transactional costs associated with software and service
  - 3.1.2.2. Data Privacy and Security Concerns
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising adoption of cloud computing and intellectual property (IP) management platforms
  - 3.1.3.2. Growing demand for customized services by SMEs and large-scale enterprises

Chapter 4. Global Patent Analytics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Patent Analytics Market, by Component

5.1. Market Snapshot
5.2. Global Patent Analytics Market by Component, Performance - Potential Analysis
5.3. Global Patent Analytics Market Estimates & Forecasts by Component 2020-2030 (USD Million)
5.4. Patent Analytics Market, Sub Segment Analysis
- 5.4.1. Solution
- 5.4.2. Services

Chapter 6. Global Patent Analytics Market, by Enterprise Size

6.1. Market Snapshot
6.2. Global Patent Analytics Market by Enterprise Size, Performance - Potential Analysis
6.3. Global Patent Analytics Market Estimates & Forecasts by Enterprise Size 2020-2030 (USD Million)
6.4. Patent Analytics Market, Sub Segment Analysis
- 6.4.1. Large-scale Enterprises
- 6.4.2. SMEs

Chapter 7. Global Patent Analytics Market, by End User

7.1. Market Snapshot
7.2. Global Patent Analytics Market by End User, Performance - Potential Analysis
7.3. Global Patent Analytics Market Estimates & Forecasts by End User 2020-2030 (USD Million)
7.4. Patent Analytics Market, Sub Segment Analysis
- 7.4.1. IT and Telecommunication
- 7.4.2. Healthcare & Pharma
- 7.4.3. Banking
- 7.4.4. Financial Services and Insurance (BFSI)
- 7.4.5. Automotive
- 7.4.6. Media and Entertainment
- 7.4.7. Food and Beverages
- 7.4.8. Others

Chapter 8. Global Patent Analytics Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Patent Analytics Market, Regional Market Snapshot
8.4. North America Patent Analytics Market
- 8.4.1. U.S. Patent Analytics Market
  - 8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Enterprise Size breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Patent Analytics Market
8.5. Europe Patent Analytics Market Snapshot
- 8.5.1. U.K. Patent Analytics Market
- 8.5.2. Germany Patent Analytics Market
- 8.5.3. France Patent Analytics Market
- 8.5.4. Spain Patent Analytics Market
- 8.5.5. Italy Patent Analytics Market
- 8.5.6. Rest of Europe Patent Analytics Market
8.6. Asia-Pacific Patent Analytics Market Snapshot
- 8.6.1. China Patent Analytics Market
- 8.6.2. India Patent Analytics Market
- 8.6.3. Japan Patent Analytics Market
- 8.6.4. Australia Patent Analytics Market
- 8.6.5. South Korea Patent Analytics Market
- 8.6.6. Rest of Asia Pacific Patent Analytics Market
8.7. Latin America Patent Analytics Market Snapshot
- 8.7.1. Brazil Patent Analytics Market
- 8.7.2. Mexico Patent Analytics Market
8.8. Middle East & Africa Patent Analytics Market
- 8.8.1. Saudi Arabia Patent Analytics Market
- 8.8.2. South Africa Patent Analytics Market
- 8.8.3. Rest of Middle East & Africa Patent Analytics Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Anaqua, Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Clarivate Analytics Plc
- 9.3.3. LexisNexis
- 9.3.4. Gridlogics Technologies Pvt Ltd
- 9.3.5. Harrity & Harrity, LLP
- 9.3.6. International Business Machine Corporation
- 9.3.7. Minesoft Ltd.
- 9.3.8. Ocean Tomo, LLC
- 9.3.9. Wynne-Jones IP Ltd
- 9.3.10. PatSnap Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Patent Analytics Market, report scope
TABLE 2. Global Patent Analytics Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Patent Analytics Market estimates & forecasts by Component 2020-2030 (USD Million)
TABLE 4. Global Patent Analytics Market estimates & forecasts by Enterprise Size 2020-2030 (USD Million)
TABLE 5. Global Patent Analytics Market estimates & forecasts by End User 2020-2030 (USD Million)
TABLE 6. Global Patent Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Patent Analytics Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Patent Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Patent Analytics Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Patent Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Patent Analytics Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Patent Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Patent Analytics Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Patent Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Patent Analytics Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Patent Analytics Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Patent Analytics Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Patent Analytics Market
TABLE 71. List of primary sources, used in the study of global Patent Analytics Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered