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Global Patent and Trademark Renewals Services Market Overview
The Global Patent and Trademark Renewals Services Market size is estimated to reach $1.61 Billion by 2026, growing at a CAGR of 12.5% over the forecast period of 2022-2026. Patent and trademark renewal services guarantee that your important intellectual property rights are not at risk of expiration and that they are in line with your changing company demands. Maintaining your intellectual property rights is a top responsibility. There is an increased need for patent and trademark filing, making the process cost-effective and acting as market drivers here.
Impact of COVID-19 on Patent and Trademark Renewals Services Market
COVID-19 has affected the patent and trademark renewal services market as the growing number of cases slowed down the product developments in every world region. It negatively impacted the number of patents renewed.
Key Takeaways from Global Patent and Trademark Renewals Services Market Report:
By Type, the Patent renewal segment is estimated to hold the largest market share during the forecast period.
The patent renewal segment undoubtedly will dominate the market share during the forecast period as there is a high rise in the number of patent filings required. As a result, the patent renewal segment is also predicted to be the fastest-growing CAGR of 12.9% over the forecast period 2021-2026.
The Asia Pacific to account for the largest market share during the forecast period
In 2020, North America was predicted to be the largest market share of 37.1% for patent and trademark renewal. Due to increased product launches and RnD activities results in more patent filing requirements.
Asia Pacific is expected to register maximum growth in terms of CAGR as there has been an increased amount of product advancement in that region.
Market Dynamics
Driver: The rise in the number of patent filings is driving the market demand
As there is a rise in technological advancements, many product launches are happening worldwide. It has also contributed to the rising demand for patent filing. Therefore, it is the most crucial factor driving the market developments.
Key Market Players
Key Players in Global Patent and Trademark Renewals Services Market consist of Clarivate, Dennemeyer, MaxVal, PTMO LTD, North America Intellectual Property Corp, Valipat, Biz & Legis, NovumIP, Murgitroyd & Company, Pintz & Partners, amongst others.
Report Coverage and Scope
The report "Global Patent and Trademark Renewals Services Market" by Research Informatic covers an in-depth detailed analysis for the following segment, which are covered under the scope.
By Type
By Application
By Geography
Chapter 1 Patent and Trademark Renewals Services Market Overview
1.1 Product Overview and Scope of Patent and Trademark Renewals Services
1.2 Patent and Trademark Renewals Services Market Segmentation By Type
1.2.1 Patent renewal
1.2.2 Storage renewal
1.3 Patent and Trademark Renewals Services Market Segmentation By Application
1.3.1 Semiconductor & Electronics Industry
1.3.2 IT
1.3.3 Entertainment
1.3.4 Food and beverage
1.3.5 Construction
1.4 Patent and Trademark Renewals Services Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Patent and Trademark Renewals Services (2016-2021)
Chapter 2 Global Economic Impact on Patent and Trademark Renewals Services Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Patent and Trademark Renewals Services Market Competition by Manufacturers
3.1 Global Patent and Trademark Renewals Services Production and Share by Manufacturers (2016-2021)
3.2 Global Patent and Trademark Renewals Services Revenue and Share by Manufacturers (2016-2021)
3.3 Global Patent and Trademark Renewals Services Average Price by Manufacturers (2016-2021)
3.4 Manufacturers Patent and Trademark Renewals Services Manufacturing Base Distribution, Production Area and Product Type
3.5 Patent and Trademark Renewals Services Market Competitive Situation and Trends
3.5.1 Patent and Trademark Renewals Services Market Concentration Rate
3.5.2 Patent and Trademark Renewals Services Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Patent and Trademark Renewals Services Production, Revenue (Value) by Region (2016-2021)
4.1 Global Patent and Trademark Renewals Services Production by Region (2016-2021)
4.2 Global Patent and Trademark Renewals Services Production Market Share by Region (2016-2021)
4.3 Global Patent and Trademark Renewals Services Revenue (Value) and Market Share by Region (2016-2021)
4.4 Global Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.5 North America Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.6 Europe Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.7 China Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.8 Japan Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.9 Southeast Asia Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
4.10 India Patent and Trademark Renewals Services Production, Revenue, Price and Gross Margin (2016-2021)
Chapter 5 Global Patent and Trademark Renewals Services Supply (Production), Consumption, Export, Import by Regions (2016-2021)
5.1 Global Patent and Trademark Renewals Services Consumption by Regions (2016-2021)
5.2 North America Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
5.3 Europe Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
5.4 China Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
5.5 Japan Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
5.6 Southeast Asia Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
5.7 India Patent and Trademark Renewals Services Production, Consumption, Export, Import by Regions (2016-2021)
Chapter 6 Global Patent and Trademark Renewals Services Production, Revenue (Value), Price Trend by Type
6.1 Global Patent and Trademark Renewals Services Production and Market Share by Type (2016-2021)
6.2 Global Patent and Trademark Renewals Services Revenue and Market Share by Type (2016-2021)
6.3 Global Patent and Trademark Renewals Services Price by Type (2016-2021)
6.4 Global Patent and Trademark Renewals Services Production Growth by Type (2016-2021)
Chapter 7 Global Patent and Trademark Renewals Services Market Analysis by Application
7.1 Global Patent and Trademark Renewals Services Consumption and Market Share by Application (2016-2021)
7.2 Global Patent and Trademark Renewals Services Consumption Growth Rate by Application (2016-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Patent and Trademark Renewals Services Manufacturing Cost Analysis
8.1 Patent and Trademark Renewals Services Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labour Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Patent and Trademark Renewals Services
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Patent and Trademark Renewals Services Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Patent and Trademark Renewals Services Major Manufacturers in 2022
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Patent and Trademark Renewals Services Market Forecast (2022 - 2026)
12.1 Global Patent and Trademark Renewals Services Production, Revenue Forecast (2022 - 2026)
12.2 Global Patent and Trademark Renewals Services Production, Consumption Forecast by Regions (2022 - 2026)
12.3 Global Patent and Trademark Renewals Services Production Forecast by Type (2022 - 2026)
12.4 Global Patent and Trademark Renewals Services Consumption Forecast by Application (2022 - 2026)
12.5 Patent and Trademark Renewals Services Price Forecast (2021-2027)
Chapter 13 Appendix
Patent and trademark renewal services guarantee that your important intellectual property rights are not at risk of expiration and that they are in line with your changing company demands. Maintaining your intellectual property rights is a top responsibility.
The Global Patent and Trademark Renewals Services Market size is estimated to reach $1.61 Billion by 2026, growing at a CAGR of 12.5% over the forecast period of 2022-2026.
As there is a rise in technological advancements, many product launches are happening worldwide. It has also contributed to the rising demand for patent filing. Therefore, it is the most crucial factor driving the market developments.
Clarivate, Dennemeyer, MaxVal, PTMO LTD, North America Intellectual Property Corp, Valipat, Biz & Legis, NovumIP, Murgitroyd & Company, Pintz & Partners, amongst others.
In 2020, North America was predicted to be the largest market share of 37.1% for patent and trademark renewal. Due to increased product launches and RnD activities results in more patent filing requirements.
Published On:Jan 2022
Base Year:2021
Historical Data:2018-2020
No of Pages:120
Patent and Trademark Renewals Services Market By P...
RD Code : BF22