Industry Analysis & Industry Trends
Patent brokers help patent holders monetize intellectual property assets, allows buyers to get new patents quickly and patent holders to sell patents to other organizations. Though demand dipped slightly during the recession, corporate profit and expenditure on research and development quickly picked back up boosting industry revenue; this growth is expected to continue over the next five years.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Despite the recessionary decline, the Patent Broker Services industry's long-term growth has been steady, and is expected to remain so for the foreseeable future. IBISWorld estimates that the industry's contribution the overall economy, measured by industry value added (IVA), will increase an average rate of 3.2% annually in the 10 years to 2018. GDP is expected to grow at an annualized rate of 2.1% during the same period.
Another trait that indicates that this industry is in the mature phase of its life cycle is the relatively stable number of operators. IBISWorld estimates that the number of firms operating in the industry will increase at an annualized rate of 1.7% to 104 in the 10 years to 2018... purchase to read more