Patent research platforms were early adopters of many innovations that are now considered standard in the information market, including big data processing, semantic search, and advanced visualizations. Information providers struggling to understand how AI, data analytics, or blockchain technology might apply in practice to their markets need only to look at use cases in the patent solutions space for inspiration.
Outsell bases the information in this report on a comprehensive and rigorous methodology we
developed. This methodology provides financial estimates for the overall market, for appropriate
markets within the overall segment, and for specific companies in the ecosystem. We analyze
revenue several different ways, including both retrospectively in terms of historical trends and
prospectively via Outsell’s market forecast. We provide growth rates, market share, and, where
possible, geographic, revenue source, and format (print versus digital) splits for leading companies
within the space. Outsell’s methodology starts with its database of over 9,300 global media and
information companies. We assign these firms to all appropriate segments in which they operate.
Outsell uses all publicly available information and our own insight and research with the companies
themselves to size each player in the space. We size public companies based primarily on their
reported results, though we also apply Outsell analysis to further segment and align their revenues
according to Outsell’s industry segmentation. We size private companies using the best available
information on each, augmented by our own primary research.
For each market segment, we identify the top 20 largest players in the space (by revenue) in a table.
Those companies that derive revenue from multiple segments have their revenue allocated by
segment. Only the portion of the provider’s total revenue that is attributed to the subject segment is
identified under that company for that segment. The sum of the various segment revenues for a
provider equals the company’s total reported or estimated information industry revenue.
Outsell defines patent research and analytics platforms as online applications and software that
enable the research and analysis of information related to patents, scientific and technical literature,
and prior art. It also includes patent intelligence tools that provide users with insights derived from
patent and related data.
Patent research and analytics solutions target three main markets: research and development (R&D),
legal, and business. The R&D market broadly covers professionals who use patent information for
their work in academia, engineering, product development, science, and health discovery. The legal
market covers professionals who are involved in the protection of patents. Finally, business solutions
help business managers to realize the strategic value of their patents or to do competitive and market
This report does not include manual services unless they are offered by providers of research and
analytics solutions in support of their digital products.
Table of Contents
Why This Segment
Market Drivers and Inhibitors
Market Share and Competition
Ten to Watch
Outsell’s Bottom Line
About the Author
List of Tables
Table 1: Estimated and Projected Growth of the Global Patent Research & Analytics Market
Table 2: Estimated Patent Research & Analytics Market Size & Forecast