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Automated Patent Drafting Tool - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Service & Software

Published: 2024-01-18

Pages: 90 Pages

Report ld: 2327308

Description
Table of Contents
Table of Figures
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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 market for Automated Patent Drafting Tool was estimated to be worth US$ 17 million in 2023 and is forecast to a readjusted size of US$ 40 million by 2030 with 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.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Automated Patent Drafting Tool, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Automated Patent Drafting Tool by region & country, by Type, and by Application.

The Automated Patent Drafting Tool market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Market Segmentation

Report Metric
Details
Report Title
Automated Patent Drafting Tool - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
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, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automated Patent Drafting Tool manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Automated Patent Drafting Tool in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Automated Patent Drafting Tool in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Automated Patent Drafting Tool Product Introduction
    1.2 Global Automated Patent Drafting Tool Market Size Forecast
    1.3 Automated Patent Drafting Tool Market Trends & Drivers
        1.3.1 Automated Patent Drafting Tool Industry Trends
        1.3.2 Automated Patent Drafting Tool Market Drivers & Opportunity
        1.3.3 Automated Patent Drafting Tool Market Challenges
        1.3.4 Automated Patent Drafting Tool Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Automated Patent Drafting Tool Players Revenue Ranking (2023)
    2.2 Global Automated Patent Drafting Tool Revenue by Company (2019-2024)
    2.3 Key Companies Automated Patent Drafting Tool Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Automated Patent Drafting Tool Product Offered
    2.5 Key Companies Time to Begin Mass Production of Automated Patent Drafting Tool
    2.6 Automated Patent Drafting Tool Market Competitive Analysis
        2.6.1 Automated Patent Drafting Tool Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Automated Patent Drafting Tool Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automated Patent Drafting Tool as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 On-premises
        3.1.2 Cloud-based
    3.2 Global Automated Patent Drafting Tool Sales Value by Type
        3.2.1 Global Automated Patent Drafting Tool Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Automated Patent Drafting Tool Sales Value, by Type (2019-2030)
        3.2.3 Global Automated Patent Drafting Tool Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Law Firms
        4.1.2 Enterprises
        4.1.3 Research Institutions
        4.1.4 Others
    4.2 Global Automated Patent Drafting Tool Sales Value by Application
        4.2.1 Global Automated Patent Drafting Tool Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Automated Patent Drafting Tool Sales Value, by Application (2019-2030)
        4.2.3 Global Automated Patent Drafting Tool Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Automated Patent Drafting Tool Sales Value by Region
        5.1.1 Global Automated Patent Drafting Tool Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Automated Patent Drafting Tool Sales Value by Region (2019-2024)
        5.1.3 Global Automated Patent Drafting Tool Sales Value by Region (2025-2030)
        5.1.4 Global Automated Patent Drafting Tool Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Automated Patent Drafting Tool Sales Value, 2019-2030
        5.2.2 North America Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Automated Patent Drafting Tool Sales Value, 2019-2030
        5.3.2 Europe Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Automated Patent Drafting Tool Sales Value, 2019-2030
        5.4.2 Asia Pacific Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Automated Patent Drafting Tool Sales Value, 2019-2030
        5.5.2 South America Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Automated Patent Drafting Tool Sales Value, 2019-2030
        5.6.2 Middle East & Africa Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Automated Patent Drafting Tool Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Automated Patent Drafting Tool Sales Value
    6.3 United States
        6.3.1 United States Automated Patent Drafting Tool Sales Value, 2019-2030
        6.3.2 United States Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Automated Patent Drafting Tool Sales Value, 2019-2030
        6.4.2 Europe Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Automated Patent Drafting Tool Sales Value, 2019-2030
        6.5.2 China Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Automated Patent Drafting Tool Sales Value, 2019-2030
        6.6.2 Japan Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Automated Patent Drafting Tool Sales Value, 2019-2030
        6.7.2 South Korea Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Automated Patent Drafting Tool Sales Value, 2019-2030
        6.8.2 Southeast Asia Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Automated Patent Drafting Tool Sales Value, 2019-2030
        6.9.2 India Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Automated Patent Drafting Tool Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 LexisNexis
        7.1.1 LexisNexis Profile
        7.1.2 LexisNexis Main Business
        7.1.3 LexisNexis Automated Patent Drafting Tool Products, Services and Solutions
        7.1.4 LexisNexis Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.1.5 LexisNexis Recent Developments
    7.2 Rowan
        7.2.1 Rowan Profile
        7.2.2 Rowan Main Business
        7.2.3 Rowan Automated Patent Drafting Tool Products, Services and Solutions
        7.2.4 Rowan Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.2.5 Rowan Recent Developments
    7.3 Specifio
        7.3.1 Specifio Profile
        7.3.2 Specifio Main Business
        7.3.3 Specifio Automated Patent Drafting Tool Products, Services and Solutions
        7.3.4 Specifio Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.3.5 ClaimMaster Recent Developments
    7.4 ClaimMaster
        7.4.1 ClaimMaster Profile
        7.4.2 ClaimMaster Main Business
        7.4.3 ClaimMaster Automated Patent Drafting Tool Products, Services and Solutions
        7.4.4 ClaimMaster Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.4.5 ClaimMaster Recent Developments
    7.5 Neustel Software, Inc
        7.5.1 Neustel Software, Inc Profile
        7.5.2 Neustel Software, Inc Main Business
        7.5.3 Neustel Software, Inc Automated Patent Drafting Tool Products, Services and Solutions
        7.5.4 Neustel Software, Inc Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.5.5 Neustel Software, Inc Recent Developments
    7.6 Powerpatent
        7.6.1 Powerpatent Profile
        7.6.2 Powerpatent Main Business
        7.6.3 Powerpatent Automated Patent Drafting Tool Products, Services and Solutions
        7.6.4 Powerpatent Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.6.5 Powerpatent Recent Developments
    7.7 PatentPal
        7.7.1 PatentPal Profile
        7.7.2 PatentPal Main Business
        7.7.3 PatentPal Automated Patent Drafting Tool Products, Services and Solutions
        7.7.4 PatentPal Automated Patent Drafting Tool Revenue (US$ Million) & (2019-2024)
        7.7.5 PatentPal Recent Developments

 8 Industry Chain Analysis
    8.1 Automated Patent Drafting Tool Industrial Chain
    8.2 Automated Patent Drafting Tool Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Automated Patent Drafting Tool Sales Model
        8.5.2 Sales Channel
        8.5.3 Automated Patent Drafting Tool Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Automated Patent Drafting Tool Market Trends
    Table 2. Automated Patent Drafting Tool Market Drivers & Opportunity
    Table 3. Automated Patent Drafting Tool Market Challenges
    Table 4. Automated Patent Drafting Tool Market Restraints
    Table 5. Global Automated Patent Drafting Tool Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Automated Patent Drafting Tool Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Automated Patent Drafting Tool Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Automated Patent Drafting Tool Product Type
    Table 9. Key Companies Time to Begin Mass Production of Automated Patent Drafting Tool
    Table 10. Global Automated Patent Drafting Tool Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automated Patent Drafting Tool as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Automated Patent Drafting Tool Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Automated Patent Drafting Tool Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Automated Patent Drafting Tool Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Automated Patent Drafting Tool Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Automated Patent Drafting Tool Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Automated Patent Drafting Tool Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Automated Patent Drafting Tool Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Automated Patent Drafting Tool Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Automated Patent Drafting Tool Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Automated Patent Drafting Tool Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Automated Patent Drafting Tool Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Automated Patent Drafting Tool Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Automated Patent Drafting Tool Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Automated Patent Drafting Tool Sales Value by Region (2019-2024) & (%)
    Table 27. Global Automated Patent Drafting Tool Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Automated Patent Drafting Tool Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Automated Patent Drafting Tool Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Automated Patent Drafting Tool Sales Value, (2025-2030) & (US$ Million)
    Table 31. LexisNexis Basic Information List
    Table 32. LexisNexis Description and Business Overview
    Table 33. LexisNexis Automated Patent Drafting Tool Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Automated Patent Drafting Tool Business of LexisNexis (2019-2024)
    Table 35. LexisNexis Recent Developments
    Table 36. Rowan Basic Information List
    Table 37. Rowan Description and Business Overview
    Table 38. Rowan Automated Patent Drafting Tool Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Automated Patent Drafting Tool Business of Rowan (2019-2024)
    Table 40. Rowan Recent Developments
    Table 41. Specifio Basic Information List
    Table 42. Specifio Description and Business Overview
    Table 43. Specifio Automated Patent Drafting Tool Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Automated Patent Drafting Tool Business of Specifio (2019-2024)
    Table 45. Specifio Recent Developments
    Table 46. ClaimMaster Basic Information List
    Table 47. ClaimMaster Description and Business Overview
    Table 48. ClaimMaster Automated Patent Drafting Tool Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Automated Patent Drafting Tool Business of ClaimMaster (2019-2024)
    Table 50. ClaimMaster Recent Developments
    Table 51. Neustel Software, Inc Basic Information List
    Table 52. Neustel Software, Inc Description and Business Overview
    Table 53. Neustel Software, Inc Automated Patent Drafting Tool Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Automated Patent Drafting Tool Business of Neustel Software, Inc (2019-2024)
    Table 55. Neustel Software, Inc Recent Developments
    Table 56. Powerpatent Basic Information List
    Table 57. Powerpatent Description and Business Overview
    Table 58. Powerpatent Automated Patent Drafting Tool Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Automated Patent Drafting Tool Business of Powerpatent (2019-2024)
    Table 60. Powerpatent Recent Developments
    Table 61. PatentPal Basic Information List
    Table 62. PatentPal Description and Business Overview
    Table 63. PatentPal Automated Patent Drafting Tool Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Automated Patent Drafting Tool Business of PatentPal (2019-2024)
    Table 65. PatentPal Recent Developments
    Table 66. Key Raw Materials Lists
    Table 67. Raw Materials Key Suppliers Lists
    Table 68. Automated Patent Drafting Tool Downstream Customers
    Table 69. Automated Patent Drafting Tool Distributors List
    Table 70. Research Programs/Design for This Report
    Table 71. Key Data Information from Secondary Sources
    Table 72. Key Data Information from Primary Sources
    Table 73. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Automated Patent Drafting Tool Product Picture
    Figure 2. Global Automated Patent Drafting Tool Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 4. Automated Patent Drafting Tool Report Years Considered
    Figure 5. Global Automated Patent Drafting Tool Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Automated Patent Drafting Tool Revenue in 2023
    Figure 7. Automated Patent Drafting Tool Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. On-premises Picture
    Figure 9. Cloud-based Picture
    Figure 10. Global Automated Patent Drafting Tool Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 11. Global Automated Patent Drafting Tool Sales Value Market Share by Type, 2023 & 2030
    Figure 12. Product Picture of Law Firms
    Figure 13. Product Picture of Enterprises
    Figure 14. Product Picture of Research Institutions
    Figure 15. Product Picture of Others
    Figure 16. Global Automated Patent Drafting Tool Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 17. Global Automated Patent Drafting Tool Sales Value Market Share by Application, 2023 & 2030
    Figure 18. North America Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 19. North America Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    Figure 20. Europe Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 21. Europe Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    Figure 22. Asia Pacific Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 23. Asia Pacific Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    Figure 24. South America Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 25. South America Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    Figure 26. Middle East & Africa Automated Patent Drafting Tool Sales Value (2019-2030) & (US$ Million)
    Figure 27. Middle East & Africa Automated Patent Drafting Tool Sales Value by Country (%), 2023 VS 2030
    Figure 28. Key Countries/Regions Automated Patent Drafting Tool Sales Value (%), (2019-2030)
    Figure 29. United States Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 30. United States Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 31. United States Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 32. Europe Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 33. Europe Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 34. Europe Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 35. China Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 36. China Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 37. China Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 38. Japan Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 39. Japan Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 40. Japan Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 41. South Korea Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 42. South Korea Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 43. South Korea Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 44. Southeast Asia Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 45. Southeast Asia Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 46. Southeast Asia Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 47. India Automated Patent Drafting Tool Sales Value, (2019-2030) & (US$ Million)
    Figure 48. India Automated Patent Drafting Tool Sales Value by Type (%), 2023 VS 2030
    Figure 49. India Automated Patent Drafting Tool Sales Value by Application (%), 2023 VS 2030
    Figure 50. Automated Patent Drafting Tool Industrial Chain
    Figure 51. Automated Patent Drafting Tool Manufacturing Cost Structure
    Figure 52. Channels of Distribution (Direct Sales, and Distribution)
    Figure 53. Bottom-up and Top-down Approaches for This Report
    Figure 54. Data Triangulation

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 market for Automated Patent Drafting Tool was estimated to be worth US$ 17 million in 2023 and is forecast to a readjusted size of US$ 40 million by 2030 with a CAGR of 12.8% during the forecast period 2024-2030

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.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Automated Patent Drafting Tool, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Automated Patent Drafting Tool by region & country, by Type, and by Application.

The Automated Patent Drafting Tool market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Market Segmentation