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Global Patent Analytics Market Share, Size, Trends, Growth: By Component: Services, Solution; By Enterprise Size: Large Scale Enterprises, SMEs; By End Use: IT and Telecommunication, Healthcare, Banking, Financial Services and Insurance, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Patent Analytics Market Outlook
The global patent analytics market would likely grow at a CAGR of 12.4% during 2023-2028. Patent analytics refers to a detailed examination of patent information to establish patterns and correlations among and between inventors, industries, leading technologies, and geographical distributions, and identify gaps and trends.
In business, patent analytics and mapping may help offer a strong basis to make intelligent and informed business decisions related to evaluating opportunities, challenges and risks. Increasing number of patent applications due to businesses seeking protection for their inventions is likely to boost market growth. Asia, North America and Europe are likely to be key markets.
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Market Growth Likely to be Driven by Advantages Afforded by Patent Analytics
Patent analytics is a systematic process involving mapping of information derived from a group of patents into different categories. It may involve qualitative, quantitative or a combination of both types of analyses of patents filed by others to gain intelligence on competitors, technology, company valuation, market trends, and novel commercial opportunities.
Patent analytics is considered a tool for growth and strategy; patents are a valuable asset for any tech start-up. Filing a patent is seen as a strategic business measure as it offers a monopoly in the market, helps produce revenue through licensing, and may at times help forge valued business alliances. Further, patents filed by others may offer rich pieces of information, and reveal info like name of the patent owner and jurisdiction, and technology related details like use(s) of the invention, technological attributes, and problem resolved by the invention, among others. Clearly, patent analytics, detailed study of patents filed by others, could play an important role in strategic planning and intelligent decision-making. Such advantages afforded by patent analytics are expected to boost the global patent analytics market. Important applications of patent analytics include technology intelligence, strategic and competitive intelligence, business development, and financial analysis and reporting.
Global Market Likely to be Driven by Rising Number of Patents being Filed
Increasing number of patent applications due to businesses seeking protection for their inventions is likely to boost market growth. While concerns towards how technology impacts the environment and society are increasing, Internet of Things and technical advancements in the industry are changing the nature, and increasing the intricacy and complexity of the subject shaping the foundation of patent applications.
Emerging Economies Likely to Significantly Impact Patent Data and Influence Market Growth
Increasing entrepreneurial efforts and development of innovative solutions in emerging economies are significantly changing the nature, volume and attributes of patent data. Further, advanced technologies like machine learning, AI, deep learning, Big Data, cloud computing, data and text mining, etc. are changing patent analytics and significantly affect the global patent analytics market.
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Market Segmentation
By component, the market is divided into:
- Services
- Solution
By enterprise size, the market is classified into:
- Large Scale Enterprises
- SMEs
By end use, the market is divided into:
- IT and Telecommunication
- Healthcare
- Banking, Financial Services and Insurance (BFSI)
- Automotive
- Media and Entertainment
- Food and Beverages
- Others
By region, the market is classified into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Market
The report offers an extensive assessment of major players in the global patent analytics market; it evaluates their capability, observes latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:
- Anaqua, Inc.
- Clarivate Plc
- LexisNexis
- Harrity and Harrity LLP
- Ocean Tomo, LLC
- Minesoft Limited
- Others
Using SWOT analysis and Porter’s Five Forces model, the EMR report offers deep insights into the industry.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Enterprise Size |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Patent Analytics Market Analysis
8.1 Key Industry Highlights
8.2 Global Patent Analytics Historical Market (2018-2022)
8.3 Global Patent Analytics Market Forecast (2023-2028)
8.4 Global Patent Analytics Market by Component
8.4.1 Services
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Solution
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Patent Analytics Market by Enterprise Size
8.5.1 Large Scale Enterprises
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 SMEs
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Patent Analytics Market by End Use
8.6.1 IT and Telecommunication
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Healthcare
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Banking, Financial Services and Insurance (BFSI)
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Automotive
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Media and Entertainment
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Food and Beverages
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Others
8.7 Global Patent Analytics Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Patent Analytics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Patent Analytics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Patent Analytics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Patent Analytics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Patent Analytics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Anaqua, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Clarivate Plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 LexisNexis
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Harrity and Harrity LLP
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ocean Tomo, LLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Minesoft Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Patent Analytics Market: Key Industry Highlights, 2018 and 2028
2. Global Patent Analytics Historical Market: Breakup by Component (USD Million), 2018-2022
3. Global Patent Analytics Market Forecast: Breakup by Component (USD Million), 2023-2028
4. Global Patent Analytics Historical Market: Breakup by Enterprise Size (USD Million), 2018-2022
5. Global Patent Analytics Market Forecast: Breakup by Enterprise Size (USD Million), 2023-2028
6. Global Patent Analytics Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Patent Analytics Market Forecast: Breakup by End Use(USD Million), 2023-2028
8. Global Patent Analytics Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Patent Analytics Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Patent Analytics Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Patent Analytics Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Patent Analytics Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Patent Analytics Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Patent Analytics Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Patent Analytics Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Patent Analytics Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Patent Analytics Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Patent Analytics Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Patent Analytics Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Patent Analytics Market Structure
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