global patent analytics market, patent analytics market, us patent analytics market, patent analytics trends, patent analytics industry, patent analytics market size
How big is the patent analytics market today, and what are its future growth expectations?
The patent analytics market size has grown rapidly in recent years. It will grow from $1.07 billion in 2024 to $1.20 billion in 2025 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to increasing demand for advanced technologies, integration of AI and big data, increasing number of patent filings, rise in research and development initiatives, and increasing demand for professional intellectual property solutions.
The patent analytics market size is expected to see rapid growth in the next few years. It will grow to $1.90 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to rising patent filings, rising patent litigation, a shift towards digitalization across industries, and rising demand for customized services, increasing research and development investments. Major trends in the forecast period include the growing adoption of AI-based patent analytics, increasing focus on IP protection, rising adoption of cloud computing, rising patent filings driving the demand for patent monitoring, and technological advancements in information and communication.
Get Your Free Sample of The Global Patent Analytics Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20916&type=smp
What have been the primary factors driving the patent analytics market’s growth?
The increasing number of patent filings is expected to propel the growth of the patent analytics market going forward. Patent filings refer to the process of submitting applications to secure legal rights for an invention, granting the applicant exclusive ownership and protection for a specified period. The rising number of patent filings can be attributed to several factors, such as increased R&D investment, growing IP awareness, and patent trolls. Patent analytics aids in identifying prior art, assessing patentability, and drafting robust claims to strengthen patent filing strategies. For instance, in August 2024, according to the World Intellectual Property Organization (WIPO), a Switzerland-based intergovernmental organization, in 2023, patent filings worldwide grew by 2.7%, reaching approximately 3.6 million. Therefore, an increasing number of patent filings is driving the growth of the patent analytics market.
What are the key segments within the patent analytics market?
The patent analytics market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Type: On-Premises, Cloud-Based
3) By Enterprise Size: Large Enterprises, Small And Mid-Sized Enterprises (SMEs)
4) By Application: Competitive Intelligence, Technology Landscape Analysis, Patent Valuation, Litigation Support
5) By End-User: Corporates, Research Organizations, Intellectual Property Firms, Government Agencies
Subsegments:
1) By Solutions: Patent Search And Analytics Software, Patent Valuation Solutions, Competitive Intelligence Solutions, Patent Mapping And Landscape Tools, IP Portfolio Management Solutions
2) By Services: Patent Search Services, Patent Licensing And Monetization Services, Patent Litigation Support Services, Patent Strategy And Consulting Services, Patent Filing And Prosecution Services
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/patent-analytics-global-market-report
Which key players are shaping the patent analytics market?
Major companies operating in the patent analytics market are Clarivate Plc, LexisNexis, IP.com, Patsnap, Anaqua Inc., TechInsights Inc., QUESTEL SAS, Sagacious IP, MaxVal Group Inc., RPX Corporation, Wynne-Jones IP Ltd., Ocean Tomo LLC, Minesoft Ltd., IDTechEx Limited, Excelon IP, Coller IP, Harrity & Harrity LLP, Patent iNSIGHT Pro, IPlytics GmbH, Dolcera, PatSeer Technologies Pvt. Ltd.
Which key trends are expected to influence the patent analytics market in the coming years?
Major companies operating in the patent analytics market are focusing on developing advanced artificial intelligence-powered patent search solutions to enhance decision-making in intellectual property management. An AI-powered patent search solution leverages advanced technologies to streamline and automate patent database searches, allowing users to efficiently identify relevant patents, track innovation trends, and assess patentability with enhanced accuracy. For instance, in December 2024, Clarivate Plc, a UK-based provider of transformative intelligence, launched AI Search in Derwent. This advanced patent search tool integrates artificial intelligence with the Derwent World Patents Index (DWPI) to deliver more accurate and relevant patent search results. By utilizing a language transformer model, the tool understands the context of the input text, enabling intellectual property (IP) professionals to perform initial patentability searches, validate results, and explore unfamiliar technology categories more efficiently. The AI tool significantly enhances both the speed and accuracy of searches, allowing users to find relevant patents more quickly and make better-informed decisions during the patent research process.
How do regional factors impact the patent analytics market, and which region is the largest contributor?
North America was the largest region in the patent analytics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patent analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Patent Analytics Market Report 2025 Offer?
The patent analytics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Patent analytics is the process of extracting and analyzing information from patent data to identify trends, assess technological advancements, and support decision-making in innovation and intellectual property management. It involves leveraging databases, statistical tools, and machine learning to evaluate patent landscapes, competitor activity, and market potential. This analysis helps businesses and researchers gain strategic insights into technology domains and legal protection opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20916
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
