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AI in Patent & Market Intelligence Market Size, Share & Trend Analysis 2034

  • Writer: Pallavi Garudkar
    Pallavi Garudkar
  • Jan 30
  • 3 min read

According to Fortune Business Insights the global AI in patent & market intelligence market size was valued at USD 1.41 billion in 2025. The market is projected to grow from USD 1.58 billion in 2026 to USD 5.67 billion by 2034, exhibiting a CAGR of 17.30% during the forecast period.

The AI in Patent & Market Intelligence Market focuses on the use of artificial intelligence technologies such as machine learning (ML), natural language processing (NLP), semantic search, and generative AI to analyze patent databases and market intelligence data. These solutions help organizations streamline patent searches, identify technology trends, enhance competitive intelligence, and optimize intellectual property (IP) strategies. Adoption is growing rapidly across innovation-driven industries seeking faster, data-driven decision-making.

Market Dynamics

Key Growth Drivers

  • Rising Global Patent Filings: Increasing R&D investments across industries are leading to higher patent volumes, creating demand for AI-based analysis tools.

  • Demand for Faster Insights: AI significantly reduces the time required for prior-art searches, patent landscaping, and competitive benchmarking.

  • Adoption of Generative AI: Generative AI is improving patent drafting, portfolio analysis, and insight generation, enhancing decision accuracy.

Market Restraints

  • Data Complexity and Fragmentation: Variations in patent data formats, languages, and jurisdictional standards make AI integration challenging.

  • High Initial Implementation Costs: Advanced AI platforms may require significant investments, particularly for small and mid-sized organizations.

Market Opportunities

  • Emerging Markets Adoption: Increasing IP awareness and innovation activity in Asia Pacific and Latin America present strong growth opportunities.

  • Enterprise Digital Transformation: Growing focus on digital R&D management and innovation intelligence supports long-term market expansion.

Segmentation Analysis

By Deployment

  • Cloud-Based Solutions:

    • Dominant segment due to scalability, ease of access, and lower infrastructure costs.

  • On-Premise Solutions:

    • Preferred by organizations with strict data security and compliance requirements.

By Application

  • Patent Analytics: Largest segment, driven by demand for automated patent searches and portfolio analysis.

  • Market Intelligence: Growing rapidly as companies integrate patent insights with market trends.

  • Technology Scouting: Fastest-growing segment due to increasing focus on identifying disruptive and emerging technologies.

  • Competitive Intelligence: Helps organizations track competitor innovation strategies.

  • IP Strategy & Risk Management: Supports litigation risk assessment and portfolio optimization.

By Industry

  • IT & Telecommunications: Largest share due to high innovation intensity and patent activity.

  • Automotive: High growth supported by electric vehicles, autonomous driving, and connected technologies.

  • Healthcare & Life Sciences: Increasing use for drug discovery, medical device innovation, and patent analysis.

  • Manufacturing & Aerospace: Growing adoption for technology mapping and innovation forecasting.

Regional Analysis

North America

  • Holds the largest market share.

  • Strong presence of AI technology providers and mature IP ecosystems.

Europe

  • Steady growth supported by innovation-friendly regulations and digital transformation initiatives.

Asia Pacific

  • Fastest-growing region due to rising patent activity, expanding R&D investments, and rapid digital adoption in countries such as China, Japan, and India.

Latin America & Middle East & Africa

  • Emerging regions with growing awareness of IP protection and adoption of analytics solutions.

Competitive Landscape

Key Market Players

  • Black Hills AI (U.S.)

  • ClaimMaster Software (U.S.)

  • Deep IP (U.S.)

  • Patent Bots (U.S.)

  • Solve Intelligence, Inc. (U.S.)

  • Visualize IP, LLC (U.S.)

  • Relecura (U.S.)

KEY INDUSTRY DEVELOPMENTS:

  • April 2025- Black Hills AI has been developing its automated docketing and IP legal services technologies continuously over the last decade, focusing on U.S.-based efficient automation solutions for IP paralegal services.

  • March 2025- DeepIP secured USD 15 million in Series A funding announced led by AI-specialist fund Resonance, which supports their expansion and development of AI-powered patent drafting tools.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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