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Press Release

Enterprise Intellectual Property (IP) Management Software Market Size to Escalate at a Rapid Scale Through 2026

Increasing emphasis on protecting and managing intellectual property portfolio is driving the growth of the globalenterprise intellectual property management software market.

This press release was orginally distributed by SBWire

Valley Cottage, NY -- (SBWIRE) -- 05/25/2018 -- Effective intellectual property (IP) management is essential to achieve competitive edge in the market. The highly competitive business environment is influencing companies to invest in technologies that ensure businesses and IP management strategies are categorically aligned to ensure smooth functioning of the organisation.

Enterprise management of intellectual property assets is gaining traction globally, as companies are realising that unlicensed public usage can be detrimental to not only the overall bottom-line of the company, but also to the entire business strategy.

Enterprise Intellectual Property Management Software Market:Drivers & Restraints

IP management software provides collaborative IP management services for different corporate requirements. Increasing emphasis on protecting and managing intellectual property portfolio is driving the growth of the globalenterprise intellectual property management software market.

Adoption of enterprise management of IP is gaining traction, as more organisations focus on organising their IP assets tactically and protecting them from unlicensed usage. Changing perceptions on IP has also influenced businesses to invest in their proper and organised management. While IP was seen as a corporate property for a long time, today, it is viewed as an inherent component of a strong business strategy. Many businesses have boosted their bottom-line by monetising their IP assets.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1573

The importance of staying competitive and widespread implementation of smart system management is encouraging software developers to invest in intellectual property management software. High-end operations and large organisational functions is accelerating the adoption of these technologies in the end-use industries. In addition, frequent customisation in product by end users is benefiting the enterprise intellectual property management software market, as they protect and safeguard the essentials of intellectual property handlings and treatment such as inventions, patents, trademarks, and other IP related contracts in an systematic manner.

The market is also expected to gain from strategic partnerships between the leading industry members. For instance, industry pioneer IPfolio recently entered into a partnership with ProspeQt- a Brazilian player, to grow its presence in the emerging market of South America. However, with all the associated benefits these service providers come across number of challenges and obstacles predominantly in the initial stages, most of which have to do with the high cost of setting up the services in an organisation. High initial investment can impede the growth of the market during the forecast period.

Enterprise Intellectual Property Management Software Market: Segmentation

The global enterprise intellectual property management software market is segmented on the basis of module, service type, and end-user.

By module type, the globalintellectual property management software market is segmented in:

Patent

Trademark

Design

Copyright

Litigation

IPAB (Intellectual Property Appellate Board)

Others

By service type, the intellectual property management software market is segmented into:

Development and implementation

Consulting

Support and Maintenance

By end-user, the intellectual property management software market is segmented into:

Banking and Financial Services (BFSI)

Energy

Aerospace and Defence

Oil and Gas

Electronics and Semiconductors

Automotive

HealthCare

Others

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-1573

Enterprise Intellectual Property Management Software Market: Region-wise Outlook

The global enterprise intellectual property management software market is projected to register a favourable growth through the forecast period, 2016?2026. North America is projected to maintain its lead in the global intellectual property management software market. Asia Pacific region is anticipated to increase its dominance in terms of growth owing to its consistent growing demand from China and India.

Enterprise Intellectual Property Management Software Market: Key Players

Some of the key participants in global intellectual property management software market are: Anaqua, Inc., Patrix AB, IPfolio, SimpleLegal, Pattsy, FlexTrac, Lecorpio , WebTMS and CPA Global (Patrafee).

About Future Market Insights
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI's research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

For more information on this press release visit: http://www.sbwire.com/press-releases/enterprise-intellectual-property-ip-management-software-market-size-to-escalate-at-a-rapid-scale-through-2026-984255.htm

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Abhishek Budholiyaa
Manager
Future Market Insights
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