Over the past five years, revenue for the Intellectual Property Rights Services industry has been rising at an annualized rate of 22.3%. The increasing marketization of China's economy as well as accelerating investment in science and technology have driven the industry's development in recent years.
However, industry revenue is set to fall 1.0% in 2014 to $3.8 billion, largely due to the State Intellectual Property Office (SIPO) instituting new measures to enhance quality of patent applications, utility models and designs applications. As a result, the number of patents authorized in 2014 is expected to be lower than in previous years.
The Intellectual Property Rights Services industry in China engages in the the agency, transfer, registration, identification, assessment, authentication, of patents, trademarks, 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.