{"id":549248,"date":"2021-06-23T18:26:02","date_gmt":"2021-06-23T18:26:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=549248"},"modified":"2021-06-23T18:26:02","modified_gmt":"2021-06-23T18:26:02","slug":"innovative-tech-companies-gain-popularity-in-patent-analytics-services-market","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/innovative-tech-companies-gain-popularity-in-patent-analytics-services-market_549248.html","title":{"rendered":"Innovative Tech Companies Gain Popularity in Patent Analytics Services Market"},"content":{"rendered":"<div style=\"font-style:italic; padding:8px 0px;\">Patent Analytics Services Market is anticipated to expand at a CAGR of ~14% during the forecast period, global market was valued at US$ 619.1 Mn in 2019, which is expected to be worth ~US$ 2 Bn by 2027\n<\/div>\n<p style=\"text-align: justify;\">A patent is an exclusive right granted for a process, method, substance, or device that is new in the market. Patents are majorly used as a means to protect intellectual assets\/property of companies and inventors. Patents have become a crucial factor for businesses in the light of changing times and increasing competition. Patent analytics help gather information for the relevant technology in order to forecast market needs, and help companies to formulate business strategies and investment plans. Patent analytics help companies to obtain an overview of technologies, which their competitors are working on. This helps companies to analyze their competitor&rsquo;s strengths, weaknesses, and business strategies. According to the World Bank Indicator, in<span>&nbsp;2018<\/span>,&nbsp;<span>3.1 million<\/span>&nbsp;patents were filed, up from<span>&nbsp;2.9 million<\/span>&nbsp;in<span>&nbsp;2017<\/span>. The increasing filing of patents in various industries has accelerated the demand for patent analytics services.<\/p>\n<p style=\"text-align: justify;\">The global&nbsp;<a rel=\"nofollow\" href=\"https:\/\/www.transparencymarketresearch.com\/patent-analytics-services-market.html\">patent analytics services&nbsp;<\/a>market&nbsp;is anticipated to expand at a CAGR of ~<span>14%<\/span>&nbsp;during the forecast period. The global market was valued at&nbsp;<span>US$ 619.1 Mn<\/span>&nbsp;in<span>&nbsp;2019.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><a rel=\"nofollow\" href=\"https:\/\/www.transparencymarketresearch.com\/sample\/sample.php?flag=S&amp;rep_id=63756\">Request a sample<\/a>&nbsp;to get extensive insights into the Patent Analytics Services Market<\/strong><\/p>\n<p style=\"text-align: justify;\" align=\"left\"><strong>Increasing Application and Registration of Patents<\/strong><\/p>\n<p style=\"text-align: justify;\">Increasing volume of patent applications and registrations is a key factor driving the demand for patent analytics solutions\/services by corporates in order to analyze competiveness and design market strategies. For instance, according to the World Intellectual Property Organization, in&nbsp;2018, more than&nbsp;3,326.3&nbsp;applications were filed for patent registration. Patent registration increased by&nbsp;5.2%&nbsp;in&nbsp;2018&nbsp;as compared to&nbsp;2017. China, the U.S., Japan, Germany, India, Russia, Canada, Australia, Brazil, and the U.K. are among the top 10 countries that filed significantly high patent applications in&nbsp;2018. Therefore, increased patent applications fuel the demand for patent analytics solutions and services from various corporate entities in order to gain competitive advantage.<\/p>\n<p style=\"text-align: justify;\"><strong>Patent Analytics Services Market: Competition Dynamics<\/strong><\/p>\n<p style=\"text-align: justify;\">Some of the major players in the global patent analytics services market are&nbsp;Wynne-Jones IP Ltd, Ocean Tomo, LLC, IPlytics GmbH, PatSnap Pte. Ltd, CPA Global, Gridlogics Technologies Pvt Ltd, Minesoft Ltd, QUESTEL SAS, PatentSight GmbH, Dolcera Information Technology Services Pvt. Ltd, Einfolge Technologies Pvt Ltd., IDTechEx Ltd., IP Wagon Pvt. Ltd., Novel Patent Services Pvt Ltd, Talwar and Talwar Consultants Pvt. Ltd. Anaqua, Inc., Clarivate Analytics plc, and Harrity &amp; Harrity, LLP.<\/p>\n<p style=\"text-align: justify;\"><strong>Stuck in a neck-to-neck competition with other brands?&nbsp;<a rel=\"nofollow\" href=\"https:\/\/www.transparencymarketresearch.com\/sample\/sample.php?flag=CR&amp;rep_id=63756\">Request a custom report<\/a>&nbsp;on Patent Analytics Services Market<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Global Patent Analytics Services Market: Segmentation<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Patent Analytics Services Market, by Service Type<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Patent Landscapes\/ White Space Analysis Services<\/li>\n<li>Patent Portfolio Management Services<\/li>\n<li>Patent Valuation Services<\/li>\n<li>Patent Monitoring Services<\/li>\n<li>Strategic Reporting Service<\/li>\n<li>Patent Monetization Support Services<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Patent Analytics Services Market, by Enterprise Size<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Small &amp; Medium Enterprises<\/li>\n<li>Large Enterprises<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Patent Analytics Services Market, by Industry<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Automobile<\/li>\n<li>BFSI<\/li>\n<li>IT &amp; Telecom<\/li>\n<li>Healthcare<\/li>\n<li>Media &amp; Entertainment<\/li>\n<li>Government<\/li>\n<li>Semiconductor<\/li>\n<li>Manufacturing<\/li>\n<li>Others (Hospitality, Education)<\/li>\n<\/ul>\n<div style=\"text-align: justify;\">\n<p><strong>Read Our Latest Press Release:<\/strong><\/p>\n<\/div>\n<p style=\"text-align: justify;\"><a rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/multi-pronged-approaches-to-boost-bottom-line-in-it-sector-spurs-prospects-in-asset-management-it-solution-market-global-valuation-to-cross-us-3-bn-by-2031-tmr-301316422.html\">https:\/\/www.prnewswire.com\/news-releases\/multi-pronged-approaches-to-boost-bottom-line-in-it-sector-spurs-prospects-in-asset-management-it-solution-market-global-valuation-to-cross-us-3-bn-by-2031-tmr-301316422.html<\/a><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/transparencymarketresearch.com_15755.html\" rel=\"nofollow\">Transparency Market Research<\/a><br \/><strong>Contact Person:<\/strong> Mr. Rohit Bhisey<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=innovative-tech-companies-gain-popularity-in-patent-analytics-services-market\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 5186181030<br \/><strong>Address:<\/strong>90 State Street, Suite 700  <br \/><strong>City:<\/strong> Albany<br \/><strong>State:<\/strong> New York<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.transparencymarketresearch.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.transparencymarketresearch.com\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.transparencymarketresearch.com\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=innovative-tech-companies-gain-popularity-in-patent-analytics-services-market\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Patent Analytics Services Market is anticipated to expand at a CAGR of ~14% during the forecast period, global market was valued at US$ 619.1 Mn in 2019, which is expected to be worth ~US$ 2 Bn by 2027 A patent &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/innovative-tech-companies-gain-popularity-in-patent-analytics-services-market_549248.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[411],"tags":[],"class_list":["post-549248","post","type-post","status-publish","format-standard","hentry","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/549248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=549248"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/549248\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=549248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=549248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=549248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}