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According to the latest research, the global Patent and Trademark Renewals Services market size was valued at USD 6192.25 million in 2022 and is expected to expand at a CAGR of 9.7% during the forecast period, reaching USD 10791.67 million by 2028.
Patent and trademark renewal service refer to the patent and trademark renewal service company that manages the ongoing patent and trademark management work for customers through its own unique software and services, and "one-stop" processing the client company from the application stage to expiration Patent and trademark affairs, master patent and trademark arrangements and pay renewal fees.
Affect the normal operation of the industry
With the coronavirus pandemic destroying businesses around the world, every industry looks set to suffer its consequences. The raging COVID-19 has plunged the global economic environment into depression, and due to unstable economic conditions, most business expansions have been postponed or canceled, whether it is a large enterprise or a small and medium enterprise. This has brought many uncertainties to the patent and trademark renewal service industry and has brought certain interference to the normal operation and development of the industry.
Optimization of the company's business operations for patents and trademarks
With the development of more advanced technology, the protection and management of patent and trademark creation have become the task of every enterprise to ensure faster commercialization of the developed patents and trademarks, which means that more companies are expected to rely on the latest technology. And the companies strategic focus is on protecting its patent and trademark assets. However, internal IP management is a huge resource-demanding task and requires a lot of investment. Outsourcing patent and trademark management can help companies reduce costs, increase productivity and increase profitability. Therefore, the company's increasing emphasis on its own unique patents and trademarks has increased the company's demand for effective and efficient management of patents and trademarks, thereby promoting the development of the patent and trademark renewal service industry.
Expanding demand for professionals
With the development of the industry and the rising demand for patent and trademark renewal services, it is bound to promote the increase in demand for industry talents. At the same time, with the continuous advancement of globalization, companies may need to manage the renewal of various patents and trademarks across multiple jurisdictions, so they need to know more about the process and requirements of trademark renewal in different countries and regions. Talents have higher requirements and this factor may impose certain restrictions on the development of the patent and trademark renewal service industry.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (51.17% in 2021).
Company Overview:
CPA Global is one of the major players operating in the Patent and Trademark Renewals Services market, holding a share of 0.56% in 2022.
CPA Global
CPA Global is the worlds leading IP management and technology company. Trusted by many of the worlds most respected corporations and law firms, CPA Global empowers a global community to achieve excellence in IP management. Delivering integrated Innovation and IP Portfolio software, services and insights across the entire Idea Lifecycle, supporting customers every step of the way to realize the value of their ideas.
IP Pragmatics
IP Pragmatics is a top renewal portal that can handle different renewal workflows. The service provides unlimited user access, including report insights and responsive formalities experts to support the management of user patent renewal portfolios.
Segmentation Overview:
The Trademark Renewals Services segment by type showed a value growth of 12.61% in 2021.
Application Overview:
By application, the Large Enterprise segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Patent and Trademark Renewals Services industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Patent and Trademark Renewals Services. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Patent and Trademark Renewals Services Market Report Include:
Market Size Estimates: Patent and Trademark Renewals Services market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Patent and Trademark Renewals Services market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Patent and Trademark Renewals Services market
Segment Market Analysis: Patent and Trademark Renewals Services market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Patent and Trademark Renewals Services market situations and prospects in major and top regions and countries
Patent and Trademark Renewals Services Market
Patent and Trademark Renewals Services Industry Chain: Patent and Trademark Renewals Services market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Patent and Trademark Renewals Services Industry News, Policies by regions
Patent and Trademark Renewals Services Industry Porters Five Forces Analysis
Key players in the global Patent and Trademark Renewals Services market are covered in Chapter 2:
CPA Global
Questel
NovumIP
Dennemeyer
Murgitroyd
IP Pragmatics
Page White and Farrer
MaxVal Group
IP Centrum Limited
Anaqua
Acumass
In Chapter 6 and Chapter 9, on the basis of types, the Patent and Trademark Renewals Services market from 2018 to 2028 is primarily split into:
Patent Renewals Services
Trademark Renewals Services
In Chapter 7 and Chapter 10, on the basis of applications, the Patent and Trademark Renewals Services market from 2018 to 2028 covers:
Large Enterprise
SMEs
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Patent and Trademark Renewals Services market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Patent and Trademark Renewals Services industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Patent and Trademark Renewals Services market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Patent and Trademark Renewals Services industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Patent and Trademark Renewals Services market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Patent and Trademark Renewals Services market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Patent and Trademark Renewals Services market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Patent and trademark renewal service refer to the patent and trademark renewal service company that manages the ongoing patent and trademark management work for customers through its own unique software and services, and "one-stop" processing the client company from the application stage to expiration Patent and trademark affairs, master patent and trademark arrangements and pay renewal fees.
Affect the normal operation of the industry
With the coronavirus pandemic destroying businesses around the world, every industry looks set to suffer its consequences. The raging COVID-19 has plunged the global economic environment into depression, and due to unstable economic conditions, most business expansions have been postponed or canceled, whether it is a large enterprise or a small and medium enterprise. This has brought many uncertainties to the patent and trademark renewal service industry and has brought certain interference to the normal operation and development of the industry.
Optimization of the company's business operations for patents and trademarks
With the development of more advanced technology, the protection and management of patent and trademark creation have become the task of every enterprise to ensure faster commercialization of the developed patents and trademarks, which means that more companies are expected to rely on the latest technology. And the companies strategic focus is on protecting its patent and trademark assets. However, internal IP management is a huge resource-demanding task and requires a lot of investment. Outsourcing patent and trademark management can help companies reduce costs, increase productivity and increase profitability. Therefore, the company's increasing emphasis on its own unique patents and trademarks has increased the company's demand for effective and efficient management of patents and trademarks, thereby promoting the development of the patent and trademark renewal service industry.
Expanding demand for professionals
With the development of the industry and the rising demand for patent and trademark renewal services, it is bound to promote the increase in demand for industry talents. At the same time, with the continuous advancement of globalization, companies may need to manage the renewal of various patents and trademarks across multiple jurisdictions, so they need to know more about the process and requirements of trademark renewal in different countries and regions. Talents have higher requirements and this factor may impose certain restrictions on the development of the patent and trademark renewal service industry.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (51.17% in 2021).
Company Overview:
CPA Global is one of the major players operating in the Patent and Trademark Renewals Services market, holding a share of 0.56% in 2022.
CPA Global
CPA Global is the worlds leading IP management and technology company. Trusted by many of the worlds most respected corporations and law firms, CPA Global empowers a global community to achieve excellence in IP management. Delivering integrated Innovation and IP Portfolio software, services and insights across the entire Idea Lifecycle, supporting customers every step of the way to realize the value of their ideas.
IP Pragmatics
IP Pragmatics is a top renewal portal that can handle different renewal workflows. The service provides unlimited user access, including report insights and responsive formalities experts to support the management of user patent renewal portfolios.
Segmentation Overview:
The Trademark Renewals Services segment by type showed a value growth of 12.61% in 2021.
Application Overview:
By application, the Large Enterprise segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Patent and Trademark Renewals Services industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Patent and Trademark Renewals Services. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Patent and Trademark Renewals Services Market Report Include:
Market Size Estimates: Patent and Trademark Renewals Services market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Patent and Trademark Renewals Services market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Patent and Trademark Renewals Services market
Segment Market Analysis: Patent and Trademark Renewals Services market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Patent and Trademark Renewals Services market situations and prospects in major and top regions and countries
Patent and Trademark Renewals Services Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Patent and Trademark Renewals Services Industry Chain: Patent and Trademark Renewals Services market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Patent and Trademark Renewals Services Industry News, Policies by regions
Patent and Trademark Renewals Services Industry Porters Five Forces Analysis
Key players in the global Patent and Trademark Renewals Services market are covered in Chapter 2:
CPA Global
Questel
NovumIP
Dennemeyer
Murgitroyd
IP Pragmatics
Page White and Farrer
MaxVal Group
IP Centrum Limited
Anaqua
Acumass
In Chapter 6 and Chapter 9, on the basis of types, the Patent and Trademark Renewals Services market from 2018 to 2028 is primarily split into:
Patent Renewals Services
Trademark Renewals Services
In Chapter 7 and Chapter 10, on the basis of applications, the Patent and Trademark Renewals Services market from 2018 to 2028 covers:
Large Enterprise
SMEs
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Patent and Trademark Renewals Services market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Patent and Trademark Renewals Services industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Patent and Trademark Renewals Services market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Patent and Trademark Renewals Services industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Patent and Trademark Renewals Services market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Patent and Trademark Renewals Services market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Patent and Trademark Renewals Services market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
