Report overview
Granted Patents and trademarks require maintenance to keep them ?alive? so that the rights in the invention can be enforced. A large part of that maintenance includes payment of renewal fees, also called ?annuities? or ?taxes? in some parts of the world, and even ?continuation? fees under certain circumstances. The timing of their commencement, deadlines for payment and amount differ greatly among countries, so it?s important for patentees to understand renewal requirements for budgeting purposes and to avoid causing a patent or application to lapse. Due to the complexity of requirements for patent and trademark renewals and the risks associated with making an error, many patentees and attorney firms use the services of specialist external renewal companies, with many such providers on offer. These companies assume responsibility for timely payment of applicable renewals fees in each jurisdiction of their client?s patents. External renewal providers, which do not provide additional attorney services, can be a very cost-effective solution for ensuring payment of renewals.
This report aims to provide a comprehensive presentation of the global market for Patent and Trademark Renewals Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Patent and Trademark Renewals Services. This report contains market size and forecasts of Patent and Trademark Renewals Services in global, including the following market information:
Global Patent and Trademark Renewals Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Patent and Trademark Renewals Services market was valued at US$ 861.5 million in 2022 and is projected to reach US$ 1489.3 million by 2029, at a CAGR of 8.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core patent and trademark renewals services manufacturers include Clarivate (CPA Global), NovumIP (Novagraaf & PAVIS) etc.The top 3 companies hold a share about 65%.Asia Pacific is the largest market, with a share about 53%, followed by North America and Europe with the share about 23% and 20%.In terms of product, patent renewal is the largest segment, with a share over 85%. And in terms of application, the largest application is enterprise, followed by university.
We surveyed the Patent and Trademark Renewals Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Patent and Trademark Renewals Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Patent and Trademark Renewals Services Market Segment Percentages, by Type, 2022 (%)
Patent Renewal
Trademark Renewal
Global Patent and Trademark Renewals Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Patent and Trademark Renewals Services Market Segment Percentages, by Application, 2022 (%)
Enterprise
Research Institute
University
Other
Global Patent and Trademark Renewals Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Patent and Trademark Renewals Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Patent and Trademark Renewals Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Patent and Trademark Renewals Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Clarivate (CPA Global)
NovumIP (Novagraaf & PAVIS)
Dennemeyer
Questel
Murgitroyd
Anaqua
Computer Packages Inc
MaxVal Group
Page, White & Farrer
Acumass
IP Centrum Limited
Beijing Guozhuan Intellectual Property
Shanghai Patent & Trademark Law Office
YOGO IP
Outline of Major Chapters:
Chapter 1: Introduces the definition of Patent and Trademark Renewals Services, market overview.
Chapter 2: Global Patent and Trademark Renewals Services market size in revenue.
Chapter 3: Detailed analysis of Patent and Trademark Renewals Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Patent and Trademark Renewals Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
