Intellectual Property Rights Services in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
7450Revenue
$10.5bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
130k
Businesses
5,687
Wages
$X.Xbn
Intellectual Property Rights Services in China industry analysis
Over the five years through 2022, revenue for the Intellectual Property Rights Services industry is estimated to rise at an annualized rate of 6.4%, to $10.5 billion in 2022. This includes revenue growth of 4.2% in the current year. The increasing marketization of China's economy, and rapidly growing investment in science and technology have driven the industry's development in recent years.In 2014, China's Premier emphasized the importance of protecting intellectual property. The World Intellectual Property Organization also set up an office in Beijing. The Central Economic Working Conference also proposed ways to strengthen intellectual property protections that year.In 2022, about 5,687 intellectual property firms are operating in China, employing over 130,456 people, with an estimated payroll of $1.9 billion. Most firms are located in China's major developed cities, such as Beijing, Zhejiang, Guangdong and Shanghai, where there is significant scientific research activity and where many large corporate clients are headquartered. Most domestic intellectual property firms are focused on patent and trademark application services and have limited intellectual property strategy analysis, product-market strategy and risk assessment service capabilities.ACMR-IBISWorld forecasts that the industry will grow at an annualized rate of 3.6% over the next five years and generate $12.6 billion in 2027. As China's economy continues to develop, demand and government support for intellectual property rights services will increase strongly.
Trends and Insights
- Industry revenue is expected to grow 4.2% in 2023. The increasing marketization of China's economy, and rapidly growing investment in science and technology have driven the industry's development.
- Patent services are the largest product segment of the industry. Revenue from this service segment contributes 38.1% of industry revenue.
- Industry activity is highly concentrated in coastal provincial areas, such as Guangdong, Beijing and Jiangsu. These three areas jointly account for 42.7% of total industry revenue in 2023.
- Intellectual property rights service firms mainly compete on reputation and service quality. The reputation of a firm has a high correlation with profitability.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 6.4 % over the past five years, to reach an estimated $10.5bn in 2024.
Trends and Insights
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Biggest companies in the Intellectual Property Rights Services in China
| Company | Market Share (%)
2022 | Revenue ($short_0)
2022 |
|---|
There are no companies that hold a large enough market share in the Intellectual Property Rights Services in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Patent services, Trademark services and Copyright services. Patent services is the largest segment of the Intellectual Property Rights Services in China.
Trends and Insights
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Attorneys in China
Complementors
- Integrated Circuit Manufacturing in China
- Software Development in China
International industries
- Intellectual Property Licensing in the US
- Intellectual Property Leasing in Australia
- Intellectual Property Leasing in the UK
- Intellectual Property Leasing in Ireland
Table of Contents
About this industry
Industry definition
The Intellectual Property Rights Services industry in China engages in the agency, transfer, registration, identification, assessment and authentication, of patents, trademarks and copyrights, as well as services related to software and integrated circuit design agency and registration. However, legal services related to patents and copyrights, the conciliation and arbitration of intellectual property, and the activities of publishers are excluded from this industry.
What's included in this industry?
Transfer and agency of patentsTransfer and agency of trademarksTransfer and agency of copyrightSoftware agency and registrationAgency and registration of layout design of integrated circuitsIndustrial and commercial registrationAssessment of intangible assetsConsultation and search services for intangible assetsOther authentication, agency and transfer servicesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
INTELLECTUAL PROPERTYINTANGIBLE ASSETWORLD INTELLECTUAL PROPERTY ORGANIZATION (WIPO)Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Industry revenue is expected to grow 4.2% in 2023. The increasing marketization of China's economy, and rapidly growing investment in science and technology have driven the i...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Patent services are the largest product segment of the industry. Revenue from this service segment contributes 38.1% of industry revenue.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Industry activity is highly concentrated in coastal provincial areas, such as Guangdong, Beijing and Jiangsu. These three areas jointly account for 42.7% of total industry re...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Intellectual property rights service firms mainly compete on reputation and service quality. The reputation of a firm has a high correlation with profitability.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The regional development of intellectual property agency in China is uneven. Agency talents are concentrated in developed regions, and the development of agency agencies is u...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Intellectual property protection awareness has been rising rapidly in China. Improvements in the intellectual property protection system in China encourages more individuals ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Cost structures vary among companies in the industry, depending on the size of the company, the value of services offered by the company, and prices charged for services.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Intellectual Property Rights Services industry in China in 2024?
The market size of the Intellectual Property Rights Services industry in China is $10.5bn in 2024.
How many businesses are there in the Intellectual Property Rights Services in China industry in 2024?
There are 5,687 businesses in the Intellectual Property Rights Services industry in China, which has grown at a CAGR of 3.8 % between 2019 and 2024.
Has the Intellectual Property Rights Services industry in China grown or declined over the past 5 years?
The market size of the Intellectual Property Rights Services industry in China has been growing at a CAGR of 6.4 % between 2019 and 2024.
What is the forecast growth of the Intellectual Property Rights Services industry in China over the next 5 years?
Over the next five years, the Intellectual Property Rights Services industry in China is expected to grow.
What does the Intellectual Property Rights Services in China include?
Transfer and agency of patents and Transfer and agency of trademarks are part of the Intellectual Property Rights Services industry.
How competitive is the Intellectual Property Rights Services industry in China?
The level of competition is moderate and increasing in the Intellectual Property Rights Services industry in China.
