Global Automated Patent Drafting Tool Supply, Demand and Key Producers, 2023-2029

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Published Date: 21 Jul 2023

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Automated Patent Drafting Tool market size is expected to reach $ 40 million by 2029, rising at a market growth of 12.3% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Automated Patent Drafting Tool are LexisNexis, Rowan, Specifio, ClaimMaster and Neustel Software, Inc, which make up over 85%. Among them, LexisNexis is the leader with about 38% market share.

North America is the largest market, with a share about 78%, followed by Europe and Asia-Pacific, with the share about 7% and 14%. In terms of product type, On-premises occupy the largest share of the total market, about 90%. And in terms of product Application, the largest application is Law Firms, followed by Enterprises.

An automated patent drafting tool is a software program or platform that assists in the creation and preparation of patent applications. These tools use artificial intelligence (AI), natural language processing (NLP), and machine learning algorithms to analyze and interpret technical documentation provided by inventors and generate patent applications. Automated patent drafting tools can help streamline and accelerate the patent application process, reduce errors and inconsistencies, and lower costs associated with manual drafting. They can also improve accuracy and the quality of the patent application documents by identifying potential errors or areas of ambiguity. In addition, these tools can provide real-time feedback and analysis as patent claims are being drafted, helping to ensure compliance with relevant patent laws and regulations. Automated patent drafting tools can be used by inventors, patent attorneys, patent agents, research institutions, and technology companies.

This report studies the global Automated Patent Drafting Tool demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Automated Patent Drafting Tool, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Automated Patent Drafting Tool that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Automated Patent Drafting Tool total market, 2018-2029, (USD Million)
Global Automated Patent Drafting Tool total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Automated Patent Drafting Tool total market, key domestic companies and share, (USD Million)
Global Automated Patent Drafting Tool revenue by player and market share 2018-2023, (USD Million)
Global Automated Patent Drafting Tool total market by Type, CAGR, 2018-2029, (USD Million)
Global Automated Patent Drafting Tool total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Automated Patent Drafting Tool market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LexisNexis, Rowan, Specifio, ClaimMaster, Neustel Software, Inc, Powerpatent and PatentPal, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Automated Patent Drafting Tool market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Automated Patent Drafting Tool Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Automated Patent Drafting Tool Market, Segmentation by Type
On-premises
Cloud-based

Global Automated Patent Drafting Tool Market, Segmentation by Application
Law Firms
Enterprises
Research Institutions
Others

Companies Profiled:
LexisNexis
Rowan
Specifio
ClaimMaster
Neustel Software, Inc
Powerpatent
PatentPal

Key Questions Answered
1. How big is the global Automated Patent Drafting Tool market?
2. What is the demand of the global Automated Patent Drafting Tool market?
3. What is the year over year growth of the global Automated Patent Drafting Tool market?
4. What is the total value of the global Automated Patent Drafting Tool market?
5. Who are the major players in the global Automated Patent Drafting Tool market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Automated Patent Drafting Tool Introduction
    1.2 World Automated Patent Drafting Tool Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Automated Patent Drafting Tool Total Market by Region (by Headquarter Location)
        1.3.1 World Automated Patent Drafting Tool Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.3 China Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.4 Europe Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.5 Japan Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.6 South Korea Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.7 ASEAN Automated Patent Drafting Tool Market Size (2018-2029)
        1.3.8 India Automated Patent Drafting Tool Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Automated Patent Drafting Tool Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Automated Patent Drafting Tool Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.2 World Automated Patent Drafting Tool Consumption Value by Region
        2.2.1 World Automated Patent Drafting Tool Consumption Value by Region (2018-2023)
        2.2.2 World Automated Patent Drafting Tool Consumption Value Forecast by Region (2024-2029)
    2.3 United States Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.4 China Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.5 Europe Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.6 Japan Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.7 South Korea Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.8 ASEAN Automated Patent Drafting Tool Consumption Value (2018-2029)
    2.9 India Automated Patent Drafting Tool Consumption Value (2018-2029)

3 World Automated Patent Drafting Tool Companies Competitive Analysis
    3.1 World Automated Patent Drafting Tool Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Automated Patent Drafting Tool Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Automated Patent Drafting Tool in 2022
        3.2.3 Global Concentration Ratios (CR8) for Automated Patent Drafting Tool in 2022
    3.3 Automated Patent Drafting Tool Company Evaluation Quadrant
    3.4 Automated Patent Drafting Tool Market: Overall Company Footprint Analysis
        3.4.1 Automated Patent Drafting Tool Market: Region Footprint
        3.4.2 Automated Patent Drafting Tool Market: Company Product Type Footprint
        3.4.3 Automated Patent Drafting Tool Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Automated Patent Drafting Tool Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Automated Patent Drafting Tool Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Automated Patent Drafting Tool Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Automated Patent Drafting Tool Consumption Value Comparison
        4.2.1 United States VS China: Automated Patent Drafting Tool Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Automated Patent Drafting Tool Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Automated Patent Drafting Tool Companies and Market Share, 2018-2023
        4.3.1 United States Based Automated Patent Drafting Tool Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Automated Patent Drafting Tool Revenue, (2018-2023)
    4.4 China Based Companies Automated Patent Drafting Tool Revenue and Market Share, 2018-2023
        4.4.1 China Based Automated Patent Drafting Tool Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Automated Patent Drafting Tool Revenue, (2018-2023)
    4.5 Rest of World Based Automated Patent Drafting Tool Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Automated Patent Drafting Tool Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Automated Patent Drafting Tool Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Automated Patent Drafting Tool Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 On-premises
        5.2.2 Cloud-based
    5.3 Market Segment by Type
        5.3.1 World Automated Patent Drafting Tool Market Size by Type (2018-2023)
        5.3.2 World Automated Patent Drafting Tool Market Size by Type (2024-2029)
        5.3.3 World Automated Patent Drafting Tool Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Automated Patent Drafting Tool Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Law Firms
        6.2.2 Enterprises
        6.2.3 Research Institutions
        6.2.4 Others
        6.2.5 Others
    6.3 Market Segment by Application
        6.3.1 World Automated Patent Drafting Tool Market Size by Application (2018-2023)
        6.3.2 World Automated Patent Drafting Tool Market Size by Application (2024-2029)
        6.3.3 World Automated Patent Drafting Tool Market Size by Application (2018-2029)

7 Company Profiles
    7.1 LexisNexis
        7.1.1 LexisNexis Details
        7.1.2 LexisNexis Major Business
        7.1.3 LexisNexis Automated Patent Drafting Tool Product and Services
        7.1.4 LexisNexis Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 LexisNexis Recent Developments/Updates
        7.1.6 LexisNexis Competitive Strengths & Weaknesses
    7.2 Rowan
        7.2.1 Rowan Details
        7.2.2 Rowan Major Business
        7.2.3 Rowan Automated Patent Drafting Tool Product and Services
        7.2.4 Rowan Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Rowan Recent Developments/Updates
        7.2.6 Rowan Competitive Strengths & Weaknesses
    7.3 Specifio
        7.3.1 Specifio Details
        7.3.2 Specifio Major Business
        7.3.3 Specifio Automated Patent Drafting Tool Product and Services
        7.3.4 Specifio Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Specifio Recent Developments/Updates
        7.3.6 Specifio Competitive Strengths & Weaknesses
    7.4 ClaimMaster
        7.4.1 ClaimMaster Details
        7.4.2 ClaimMaster Major Business
        7.4.3 ClaimMaster Automated Patent Drafting Tool Product and Services
        7.4.4 ClaimMaster Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 ClaimMaster Recent Developments/Updates
        7.4.6 ClaimMaster Competitive Strengths & Weaknesses
    7.5 Neustel Software, Inc
        7.5.1 Neustel Software, Inc Details
        7.5.2 Neustel Software, Inc Major Business
        7.5.3 Neustel Software, Inc Automated Patent Drafting Tool Product and Services
        7.5.4 Neustel Software, Inc Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Neustel Software, Inc Recent Developments/Updates
        7.5.6 Neustel Software, Inc Competitive Strengths & Weaknesses
    7.6 Powerpatent
        7.6.1 Powerpatent Details
        7.6.2 Powerpatent Major Business
        7.6.3 Powerpatent Automated Patent Drafting Tool Product and Services
        7.6.4 Powerpatent Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 Powerpatent Recent Developments/Updates
        7.6.6 Powerpatent Competitive Strengths & Weaknesses
    7.7 PatentPal
        7.7.1 PatentPal Details
        7.7.2 PatentPal Major Business
        7.7.3 PatentPal Automated Patent Drafting Tool Product and Services
        7.7.4 PatentPal Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 PatentPal Recent Developments/Updates
        7.7.6 PatentPal Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Automated Patent Drafting Tool Industry Chain
    8.2 Automated Patent Drafting Tool Upstream Analysis
    8.3 Automated Patent Drafting Tool Midstream Analysis
    8.4 Automated Patent Drafting Tool Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Automated Patent Drafting Tool Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Automated Patent Drafting Tool Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Automated Patent Drafting Tool Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Automated Patent Drafting Tool Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Automated Patent Drafting Tool Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Automated Patent Drafting Tool Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Automated Patent Drafting Tool Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Automated Patent Drafting Tool Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Automated Patent Drafting Tool Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Automated Patent Drafting Tool Players in 2022
    Table 12. World Automated Patent Drafting Tool Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Automated Patent Drafting Tool Company Evaluation Quadrant
    Table 14. Head Office of Key Automated Patent Drafting Tool Player
    Table 15. Automated Patent Drafting Tool Market: Company Product Type Footprint
    Table 16. Automated Patent Drafting Tool Market: Company Product Application Footprint
    Table 17. Automated Patent Drafting Tool Mergers & Acquisitions Activity
    Table 18. United States VS China Automated Patent Drafting Tool Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Automated Patent Drafting Tool Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Automated Patent Drafting Tool Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Automated Patent Drafting Tool Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Automated Patent Drafting Tool Revenue Market Share (2018-2023)
    Table 23. China Based Automated Patent Drafting Tool Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Automated Patent Drafting Tool Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Automated Patent Drafting Tool Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Automated Patent Drafting Tool Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Automated Patent Drafting Tool Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Automated Patent Drafting Tool Revenue Market Share (2018-2023)
    Table 29. World Automated Patent Drafting Tool Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Automated Patent Drafting Tool Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Automated Patent Drafting Tool Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Automated Patent Drafting Tool Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Automated Patent Drafting Tool Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Automated Patent Drafting Tool Market Size by Application (2024-2029) & (USD Million)
    Table 35. LexisNexis Basic Information, Area Served and Competitors
    Table 36. LexisNexis Major Business
    Table 37. LexisNexis Automated Patent Drafting Tool Product and Services
    Table 38. LexisNexis Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. LexisNexis Recent Developments/Updates
    Table 40. LexisNexis Competitive Strengths & Weaknesses
    Table 41. Rowan Basic Information, Area Served and Competitors
    Table 42. Rowan Major Business
    Table 43. Rowan Automated Patent Drafting Tool Product and Services
    Table 44. Rowan Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Rowan Recent Developments/Updates
    Table 46. Rowan Competitive Strengths & Weaknesses
    Table 47. Specifio Basic Information, Area Served and Competitors
    Table 48. Specifio Major Business
    Table 49. Specifio Automated Patent Drafting Tool Product and Services
    Table 50. Specifio Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Specifio Recent Developments/Updates
    Table 52. Specifio Competitive Strengths & Weaknesses
    Table 53. ClaimMaster Basic Information, Area Served and Competitors
    Table 54. ClaimMaster Major Business
    Table 55. ClaimMaster Automated Patent Drafting Tool Product and Services
    Table 56. ClaimMaster Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. ClaimMaster Recent Developments/Updates
    Table 58. ClaimMaster Competitive Strengths & Weaknesses
    Table 59. Neustel Software, Inc Basic Information, Area Served and Competitors
    Table 60. Neustel Software, Inc Major Business
    Table 61. Neustel Software, Inc Automated Patent Drafting Tool Product and Services
    Table 62. Neustel Software, Inc Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Neustel Software, Inc Recent Developments/Updates
    Table 64. Neustel Software, Inc Competitive Strengths & Weaknesses
    Table 65. Powerpatent Basic Information, Area Served and Competitors
    Table 66. Powerpatent Major Business
    Table 67. Powerpatent Automated Patent Drafting Tool Product and Services
    Table 68. Powerpatent Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. Powerpatent Recent Developments/Updates
    Table 70. PatentPal Basic Information, Area Served and Competitors
    Table 71. PatentPal Major Business
    Table 72. PatentPal Automated Patent Drafting Tool Product and Services
    Table 73. PatentPal Automated Patent Drafting Tool Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 74. Global Key Players of Automated Patent Drafting Tool Upstream (Raw Materials)
    Table 75. Automated Patent Drafting Tool Typical Customers
List of Figure
    Figure 1. Automated Patent Drafting Tool Picture
    Figure 2. World Automated Patent Drafting Tool Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Automated Patent Drafting Tool Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Automated Patent Drafting Tool Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Automated Patent Drafting Tool Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Automated Patent Drafting Tool Revenue (2018-2029) & (USD Million)
    Figure 13. Automated Patent Drafting Tool Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Automated Patent Drafting Tool Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Automated Patent Drafting Tool Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Automated Patent Drafting Tool by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Automated Patent Drafting Tool Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Automated Patent Drafting Tool Markets in 2022
    Figure 27. United States VS China: Automated Patent Drafting Tool Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Automated Patent Drafting Tool Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Automated Patent Drafting Tool Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Automated Patent Drafting Tool Market Size Market Share by Type in 2022
    Figure 31. On-premises
    Figure 32. Cloud-based
    Figure 33. World Automated Patent Drafting Tool Market Size Market Share by Type (2018-2029)
    Figure 34. World Automated Patent Drafting Tool Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 35. World Automated Patent Drafting Tool Market Size Market Share by Application in 2022
    Figure 36. Law Firms
    Figure 37. Enterprises
    Figure 38. Research Institutions
    Figure 39. Others
    Figure 40. Automated Patent Drafting Tool Industrial Chain
    Figure 41. Methodology
    Figure 42. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

LexisNexis
Rowan
Specifio
ClaimMaster
Neustel Software, Inc
Powerpatent
PatentPal

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