A patent annuity is a fee that a patent owner must pay to renew a granted patent. Otherwise it will lapse and as the patent owner will lose the previous rights on the regular expiry date.Over the past decade, the trend for maintaining patents has shifted to the use of patent annuity service providers. This includes law firms removing themselves from patent annuity management and referring clients to professional service providers.
Choosing a patent annuity specialist instead of paying directly or using an attorney can bring considerable benefits, such as:
Cost-effectiveness and savings through centralized management
External data monitoring and inspection
Timely renewal reminder
Understand and track state law updates
Ability to consolidate services (e.g. trademarks, patents, foreign applications, etc.) under one provider
Market Analysis and Insights: Global and United States Patent Annuity Service Market
This report focuses on global and United States Patent Annuity Service market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Patent Annuity Service market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Invention Patent Annuity Service accounting for % of the Patent Annuity Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Corporate was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Patent Annuity Service market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
Global Patent Annuity Service Scope and Market Size
Patent Annuity Service market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Patent Annuity Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Patent Annuity Service market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type, the Patent Annuity Service market is segmented into
Invention Patent Annuity Service
Utility Model Patent Annuity Service
Design Patent Annuity Service
Segment by Application, the Patent Annuity Service market is segmented into
Corporate
Research Institute
University
Others
Regional and Country-level Analysis
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Landscape and Patent Annuity Service Market Share Analysis
Patent Annuity Service market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Patent Annuity Service business, the date to enter into the Patent Annuity Service market, Revenue in Patent Annuity Service Business (2017-2022) & (US$ Million) introduction, recent developments, etc.
The major vendors covered:
Clarivate (CPA Global)
NovumIP (Novagraaf & PAVIS)
Dennemeyer
Questel
Murgitroyd
Anaqua
Computer Packages Inc
MaxVal Group
Page, White & Farrer
Acumass
IP Centrum Limited
Thomson Reuters IP Management
Envoy
Novagraaf
Brandstock
Zacco
PAVIS
Table of Contents
1 Study Coverage
1.1 Patent Annuity Service Revenue in Patent Annuity Service Business (2017-2022) & (US$ Million) Introduction
1.2 Global Patent Annuity Service Outlook 2017 VS 2022 VS 2028
1.2.1 Global Patent Annuity Service Market Size for the Year 2017-2028
1.2.2 Global Patent Annuity Service Market Size for the Year 2017-2028
1.3 Patent Annuity Service Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.3.1 The Market Share of United States Patent Annuity Service in Global, 2017 VS 2022 VS 2028
1.3.2 The Growth Rate of Patent Annuity Service Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4 Patent Annuity Service Market Dynamics
1.4.1 Patent Annuity Service Industry Trends
1.4.2 Patent Annuity Service Market Drivers
1.4.3 Patent Annuity Service Market Challenges
1.4.4 Patent Annuity Service Market Restraints
1.5 Study Objectives
1.6 Years Considered
2 Patent Annuity Service by Type
2.1 Patent Annuity Service Market Segment by Type
2.1.1 Invention Patent Annuity Service
2.1.2 Utility Model Patent Annuity Service
2.1.3 Design Patent Annuity Service
2.2 Global Patent Annuity Service Market Size by Type (2017, 2022 & 2028)
2.3 Global Patent Annuity Service Market Size by Type (2017-2028)
2.4 United States Patent Annuity Service Market Size by Type (2017, 2022 & 2028)
2.5 United States Patent Annuity Service Market Size by Type (2017-2028)
3 Patent Annuity Service by Application
3.1 Patent Annuity Service Market Segment by Application
3.1.1 Corporate
3.1.2 Research Institute
3.1.3 University
3.1.4 Others
3.2 Global Patent Annuity Service Market Size by Application (2017, 2022 & 2028)
3.3 Global Patent Annuity Service Market Size by Application (2017-2028)
3.4 United States Patent Annuity Service Market Size by Application (2017, 2022 & 2028)
3.5 United States Patent Annuity Service Market Size by Application (2017-2028)
4 Global Patent Annuity Service Competitor Landscape by Company
4.1 Global Patent Annuity Service Market Size by Company
4.1.1 Top Global Patent Annuity Service Companies Ranked by Revenue (2021)
4.1.2 Global Patent Annuity Service Revenue by Player (2017-2022)
4.2 Global Patent Annuity Service Concentration Ratio (CR)
4.2.1 Patent Annuity Service Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Companies of Patent Annuity Service in 2021
4.2.3 Global Patent Annuity Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Patent Annuity Service Headquarters, Revenue in Patent Annuity Service Business (2017-2022) & (US$ Million) Type
4.3.1 Global Patent Annuity Service Headquarters and Area Served
4.3.2 Global Patent Annuity Service Companies Revenue in Patent Annuity Service Business (2017-2022) & (US$ Million) Type
4.3.3 Date of International Companies Enter into Patent Annuity Service Market
Summary: Get latest Market Research Reports on Patent Annuity Service. Industry analysis & Market Report on Patent Annuity Service is a syndicated market report, published as Global and United States Patent Annuity Service Market Report & Forecast 2022-2028. It is complete Research Study and Industry Analysis of Patent Annuity Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.