Industry Research Reports

Home > Reports > Service & Software > Global Automated Patent Drafting Tool Market Research Report 2024

Global Automated Patent Drafting Tool Market Research Report 2024

Industry: Service & Software

Published: 2024-01-03

Pages: 71 Pages

Report ld: 2122987

Description
Table of Contents
Table of Figures
PDF Download

Description
Table of Contents
Table of Figures
PDF Download

Description

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.

The global Automated Patent Drafting Tool market was valued at US$ 17 million in 2023 and is anticipated to reach US$ 40 million by 2030, witnessing a CAGR of 12.8% during the forecast period 2024-2030.

Automated Patent Drafting Tool Market Size

M= millions and B=billions

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.

This report aims to provide a comprehensive presentation of the global market for Automated Patent Drafting Tool, 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 Automated Patent Drafting Tool.

Report Scope
The Automated Patent Drafting Tool market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automated Patent Drafting Tool market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Automated Patent Drafting Tool companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Report Metric
Details
Report Title
Global Automated Patent Drafting Tool Market Research Report 2024
Forecasted Market Size in 2030
US$ 40 million
CAGR(2024-2030)
12.8%
Market Size Available for Years
2019-2030
Global Automated Patent Drafting Tool Companies Covered
LexisNexis, Rowan, Specifio, ClaimMaster, Neustel Software, Inc, Powerpatent, PatentPal
Global Automated Patent Drafting Tool Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automated Patent Drafting Tool Market, Segment by Type
On-premises

Cloud-based
Global Automated Patent Drafting Tool Market, Segment by Application
Law Firms

Enterprises

Research Institutions

Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Automated Patent Drafting Tool companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.

Table of Contents

 1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Automated Patent Drafting Tool Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
        1.2.2 On-premises
        1.2.3 Cloud-based
    1.3 Market by Application
        1.3.1 Global Automated Patent Drafting Tool Market Growth by Application: 2019 VS 2023 VS 2030
        1.3.2 Law Firms
        1.3.3 Enterprises
        1.3.4 Research Institutions
        1.3.5 Others
    1.4 Study Objectives
    1.5 Years Considered
    1.6 Years Considered

 2 Global Growth Trends
    2.1 Global Automated Patent Drafting Tool Market Perspective (2019-2030)
    2.2 Automated Patent Drafting Tool Growth Trends by Region
        2.2.1 Global Automated Patent Drafting Tool Market Size by Region: 2019 VS 2023 VS 2030
        2.2.2 Automated Patent Drafting Tool Historic Market Size by Region (2019-2024)
        2.2.3 Automated Patent Drafting Tool Forecasted Market Size by Region (2025-2030)
    2.3 Automated Patent Drafting Tool Market Dynamics
        2.3.1 Automated Patent Drafting Tool Industry Trends
        2.3.2 Automated Patent Drafting Tool Market Drivers
        2.3.3 Automated Patent Drafting Tool Market Challenges
        2.3.4 Automated Patent Drafting Tool Market Restraints

 3 Competition Landscape by Key Players
    3.1 Global Top Automated Patent Drafting Tool Players by Revenue
        3.1.1 Global Top Automated Patent Drafting Tool Players by Revenue (2019-2024)
        3.1.2 Global Automated Patent Drafting Tool Revenue Market Share by Players (2019-2024)
    3.2 Global Automated Patent Drafting Tool Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Automated Patent Drafting Tool Revenue
    3.4 Global Automated Patent Drafting Tool Market Concentration Ratio
        3.4.1 Global Automated Patent Drafting Tool Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Automated Patent Drafting Tool Revenue in 2023
    3.5 Automated Patent Drafting Tool Key Players Head office and Area Served
    3.6 Key Players Automated Patent Drafting Tool Product Solution and Service
    3.7 Date of Enter into Automated Patent Drafting Tool Market
    3.8 Mergers & Acquisitions, Expansion Plans

 4 Automated Patent Drafting Tool Breakdown Data by Type
    4.1 Global Automated Patent Drafting Tool Historic Market Size by Type (2019-2024)
    4.2 Global Automated Patent Drafting Tool Forecasted Market Size by Type (2025-2030)

 5 Automated Patent Drafting Tool Breakdown Data by Application
    5.1 Global Automated Patent Drafting Tool Historic Market Size by Application (2019-2024)
    5.2 Global Automated Patent Drafting Tool Forecasted Market Size by Application (2025-2030)

 6 North America
    6.1 North America Automated Patent Drafting Tool Market Size (2019-2030)
    6.2 North America Automated Patent Drafting Tool Market Growth Rate by Country: 2019 VS 2023 VS 2030
    6.3 North America Automated Patent Drafting Tool Market Size by Country (2019-2024)
    6.4 North America Automated Patent Drafting Tool Market Size by Country (2025-2030)
    6.5 United States
    6.6 Canada

 7 Europe
    7.1 Europe Automated Patent Drafting Tool Market Size (2019-2030)
    7.2 Europe Automated Patent Drafting Tool Market Growth Rate by Country: 2019 VS 2023 VS 2030
    7.3 Europe Automated Patent Drafting Tool Market Size by Country (2019-2024)
    7.4 Europe Automated Patent Drafting Tool Market Size by Country (2025-2030)
    7.5 Germany
    7.6 France
    7.7 U.K.
    7.8 Italy
    7.9 Russia
    7.10 Nordic Countries

 8 Asia-Pacific
    8.1 Asia-Pacific Automated Patent Drafting Tool Market Size (2019-2030)
    8.2 Asia-Pacific Automated Patent Drafting Tool Market Growth Rate by Region: 2019 VS 2023 VS 2030
    8.3 Asia-Pacific Automated Patent Drafting Tool Market Size by Region (2019-2024)
    8.4 Asia-Pacific Automated Patent Drafting Tool Market Size by Region (2025-2030)
    8.5 China
    8.6 Japan
    8.7 South Korea
    8.8 Southeast Asia
    8.9 India
    8.10 Australia

 9 Latin America
    9.1 Latin America Automated Patent Drafting Tool Market Size (2019-2030)
    9.2 Latin America Automated Patent Drafting Tool Market Growth Rate by Country: 2019 VS 2023 VS 2030
    9.3 Latin America Automated Patent Drafting Tool Market Size by Country (2019-2024)
    9.4 Latin America Automated Patent Drafting Tool Market Size by Country (2025-2030)
    9.5 Mexico
    9.6 Brazil

 10 Middle East & Africa
    10.1 Middle East & Africa Automated Patent Drafting Tool Market Size (2019-2030)
    10.2 Middle East & Africa Automated Patent Drafting Tool Market Growth Rate by Country: 2019 VS 2023 VS 2030
    10.3 Middle East & Africa Automated Patent Drafting Tool Market Size by Country (2019-2024)
    10.4 Middle East & Africa Automated Patent Drafting Tool Market Size by Country (2025-2030)
    10.5 Turkey
    10.6 Saudi Arabia
    10.7 UAE

 11 Key Players Profiles
    11.1 LexisNexis
        11.1.1 LexisNexis Company Detail
        11.1.2 LexisNexis Business Overview
        11.1.3 LexisNexis Automated Patent Drafting Tool Introduction
        11.1.4 LexisNexis Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.1.5 LexisNexis Recent Development
    11.2 Rowan
        11.2.1 Rowan Company Detail
        11.2.2 Rowan Business Overview
        11.2.3 Rowan Automated Patent Drafting Tool Introduction
        11.2.4 Rowan Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.2.5 Rowan Recent Development
    11.3 Specifio
        11.3.1 Specifio Company Detail
        11.3.2 Specifio Business Overview
        11.3.3 Specifio Automated Patent Drafting Tool Introduction
        11.3.4 Specifio Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.3.5 Specifio Recent Development
    11.4 ClaimMaster
        11.4.1 ClaimMaster Company Detail
        11.4.2 ClaimMaster Business Overview
        11.4.3 ClaimMaster Automated Patent Drafting Tool Introduction
        11.4.4 ClaimMaster Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.4.5 ClaimMaster Recent Development
    11.5 Neustel Software, Inc
        11.5.1 Neustel Software, Inc Company Detail
        11.5.2 Neustel Software, Inc Business Overview
        11.5.3 Neustel Software, Inc Automated Patent Drafting Tool Introduction
        11.5.4 Neustel Software, Inc Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.5.5 Neustel Software, Inc Recent Development
    11.6 Powerpatent
        11.6.1 Powerpatent Company Detail
        11.6.2 Powerpatent Business Overview
        11.6.3 Powerpatent Automated Patent Drafting Tool Introduction
        11.6.4 Powerpatent Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.6.5 Powerpatent Recent Development
    11.7 PatentPal
        11.7.1 PatentPal Company Detail
        11.7.2 PatentPal Business Overview
        11.7.3 PatentPal Automated Patent Drafting Tool Introduction
        11.7.4 PatentPal Revenue in Automated Patent Drafting Tool Business (2019-2024)
        11.7.5 PatentPal Recent Development

 12 Analyst's Viewpoints/Conclusions

 13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

Table of Figures

List of Tables
    Table 1. Global Automated Patent Drafting Tool Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
    Table 2. Key Players of On-premises
    Table 3. Key Players of Cloud-based
    Table 4. Global Automated Patent Drafting Tool Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
    Table 5. Global Automated Patent Drafting Tool Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 6. Global Automated Patent Drafting Tool Market Size by Region (2019-2024) & (US$ Million)
    Table 7. Global Automated Patent Drafting Tool Market Share by Region (2019-2024)
    Table 8. Global Automated Patent Drafting Tool Forecasted Market Size by Region (2025-2030) & (US$ Million)
    Table 9. Global Automated Patent Drafting Tool Market Share by Region (2025-2030)
    Table 10. Automated Patent Drafting Tool Market Trends
    Table 11. Automated Patent Drafting Tool Market Drivers
    Table 12. Automated Patent Drafting Tool Market Challenges
    Table 13. Automated Patent Drafting Tool Market Restraints
    Table 14. Global Automated Patent Drafting Tool Revenue by Players (2019-2024) & (US$ Million)
    Table 15. Global Automated Patent Drafting Tool Market Share by Players (2019-2024)
    Table 16. Global Top Automated Patent Drafting Tool Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automated Patent Drafting Tool as of 2023)
    Table 17. Ranking of Global Top Automated Patent Drafting Tool Companies by Revenue (US$ Million) in 2023
    Table 18. Global 5 Largest Players Market Share by Automated Patent Drafting Tool Revenue (CR5 and HHI) & (2019-2024)
    Table 19. Key Players Headquarters and Area Served
    Table 20. Key Players Automated Patent Drafting Tool Product Solution and Service
    Table 21. Date of Enter into Automated Patent Drafting Tool Market
    Table 22. Mergers & Acquisitions, Expansion Plans
    Table 23. Global Automated Patent Drafting Tool Market Size by Type (2019-2024) & (US$ Million)
    Table 24. Global Automated Patent Drafting Tool Revenue Market Share by Type (2019-2024)
    Table 25. Global Automated Patent Drafting Tool Forecasted Market Size by Type (2025-2030) & (US$ Million)
    Table 26. Global Automated Patent Drafting Tool Revenue Market Share by Type (2025-2030)
    Table 27. Global Automated Patent Drafting Tool Market Size by Application (2019-2024) & (US$ Million)
    Table 28. Global Automated Patent Drafting Tool Revenue Market Share by Application (2019-2024)
    Table 29. Global Automated Patent Drafting Tool Forecasted Market Size by Application (2025-2030) & (US$ Million)
    Table 30. Global Automated Patent Drafting Tool Revenue Market Share by Application (2025-2030)
    Table 31. North America Automated Patent Drafting Tool Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 32. North America Automated Patent Drafting Tool Market Size by Country (2019-2024) & (US$ Million)
    Table 33. North America Automated Patent Drafting Tool Market Size by Country (2025-2030) & (US$ Million)
    Table 34. Europe Automated Patent Drafting Tool Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 35. Europe Automated Patent Drafting Tool Market Size by Country (2019-2024) & (US$ Million)
    Table 36. Europe Automated Patent Drafting Tool Market Size by Country (2025-2030) & (US$ Million)
    Table 37. Asia-Pacific Automated Patent Drafting Tool Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 38. Asia-Pacific Automated Patent Drafting Tool Market Size by Region (2019-2024) & (US$ Million)
    Table 39. Asia-Pacific Automated Patent Drafting Tool Market Size by Region (2025-2030) & (US$ Million)
    Table 40. Latin America Automated Patent Drafting Tool Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 41. Latin America Automated Patent Drafting Tool Market Size by Country (2019-2024) & (US$ Million)
    Table 42. Latin America Automated Patent Drafting Tool Market Size by Country (2025-2030) & (US$ Million)
    Table 43. Middle East & Africa Automated Patent Drafting Tool Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 44. Middle East & Africa Automated Patent Drafting Tool Market Size by Country (2019-2024) & (US$ Million)
    Table 45. Middle East & Africa Automated Patent Drafting Tool Market Size by Country (2025-2030) & (US$ Million)
    Table 46. LexisNexis Company Detail
    Table 47. LexisNexis Business Overview
    Table 48. LexisNexis Automated Patent Drafting Tool Product
    Table 49. LexisNexis Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 50. LexisNexis Recent Development
    Table 51. Rowan Company Detail
    Table 52. Rowan Business Overview
    Table 53. Rowan Automated Patent Drafting Tool Product
    Table 54. Rowan Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 55. Rowan Recent Development
    Table 56. Specifio Company Detail
    Table 57. Specifio Business Overview
    Table 58. Specifio Automated Patent Drafting Tool Product
    Table 59. Specifio Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 60. Specifio Recent Development
    Table 61. ClaimMaster Company Detail
    Table 62. ClaimMaster Business Overview
    Table 63. ClaimMaster Automated Patent Drafting Tool Product
    Table 64. ClaimMaster Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 65. ClaimMaster Recent Development
    Table 66. Neustel Software, Inc Company Detail
    Table 67. Neustel Software, Inc Business Overview
    Table 68. Neustel Software, Inc Automated Patent Drafting Tool Product
    Table 69. Neustel Software, Inc Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 70. Neustel Software, Inc Recent Development
    Table 71. Powerpatent Company Detail
    Table 72. Powerpatent Business Overview
    Table 73. Powerpatent Automated Patent Drafting Tool Product
    Table 74. Powerpatent Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 75. Powerpatent Recent Development
    Table 76. PatentPal Company Detail
    Table 77. PatentPal Business Overview
    Table 78. PatentPal Automated Patent Drafting Tool Product
    Table 79. PatentPal Revenue in Automated Patent Drafting Tool Business (2019-2024) & (US$ Million)
    Table 80. PatentPal Recent Development
    Table 81. Research Programs/Design for This Report
    Table 82. Key Data Information from Secondary Sources
    Table 83. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Automated Patent Drafting Tool Market Size Comparison by Type (2024-2030) & (US$ Million)
    Figure 2. Global Automated Patent Drafting Tool Market Share by Type: 2023 VS 2030
    Figure 3. On-premises Features
    Figure 4. Cloud-based Features
    Figure 5. Global Automated Patent Drafting Tool Market Size Comparison by Application (2024-2030) & (US$ Million)
    Figure 6. Global Automated Patent Drafting Tool Market Share by Application: 2023 VS 2030
    Figure 7. Law Firms Case Studies
    Figure 8. Enterprises Case Studies
    Figure 9. Research Institutions Case Studies
    Figure 10. Others Case Studies
    Figure 11. Automated Patent Drafting Tool Report Years Considered
    Figure 12. Global Automated Patent Drafting Tool Market Size (US$ Million), Year-over-Year: 2019-2030
    Figure 13. Global Automated Patent Drafting Tool Market Size, (US$ Million), 2019 VS 2023 VS 2030
    Figure 14. Global Automated Patent Drafting Tool Market Share by Region: 2023 VS 2030
    Figure 15. Global Automated Patent Drafting Tool Market Share by Players in 2023
    Figure 16. Global Top Automated Patent Drafting Tool Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automated Patent Drafting Tool as of 2023)
    Figure 17. The Top 10 and 5 Players Market Share by Automated Patent Drafting Tool Revenue in 2023
    Figure 18. North America Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 19. North America Automated Patent Drafting Tool Market Share by Country (2019-2030)
    Figure 20. United States Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 21. Canada Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 22. Europe Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 23. Europe Automated Patent Drafting Tool Market Share by Country (2019-2030)
    Figure 24. Germany Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 25. France Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 26. U.K. Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 27. Italy Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 28. Russia Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 29. Nordic Countries Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 30. Asia-Pacific Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 31. Asia-Pacific Automated Patent Drafting Tool Market Share by Region (2019-2030)
    Figure 32. China Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 33. Japan Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 34. South Korea Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 35. Southeast Asia Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 36. India Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 37. Australia Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 38. Latin America Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 39. Latin America Automated Patent Drafting Tool Market Share by Country (2019-2030)
    Figure 40. Mexico Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 41. Brazil Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 42. Middle East & Africa Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 43. Middle East & Africa Automated Patent Drafting Tool Market Share by Country (2019-2030)
    Figure 44. Turkey Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 45. Saudi Arabia Automated Patent Drafting Tool Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 46. LexisNexis Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 47. Rowan Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 48. Specifio Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 49. ClaimMaster Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 50. Neustel Software, Inc Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 51. Powerpatent Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 52. PatentPal Revenue Growth Rate in Automated Patent Drafting Tool Business (2019-2024)
    Figure 53. Bottom-up and Top-down Approaches for This Report
    Figure 54. Data Triangulation
    Figure 55. Key Executives Interviewed

Description

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.

The global Automated Patent Drafting Tool market was valued at US$ 17 million in 2023 and is anticipated to reach US$ 40 million by 2030, witnessing a CAGR of 12.8% during the forecast period 2024-2030.

Market Segmentation

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Automated Patent Drafting Tool companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.

Industry: Service & Software

Published: 2024-01-03

Pages: 71 Pages

Report ld: 2122987

Request Sample

Pre-Order Enquiry

CHOOSE LICENSE TYPE

Single User License

USD 2900.00

Multi Users License

USD 4350.00

Corporate Users License