Global Royalty and Rights Management Software Market Overview:
The Royalty and Rights Management software is designed for organizations operating in the merchandising, publishing, and media and entertainment industry sector. The Royalty management software is a payment to the owner of copyrighted works. A royalty payment is made to the legal owner of the property, patent, copyrighted work, or franchise by licensees or franchisees who wish to make use of it from generating revenue. Royalty management software helps organizations to have control over their brand’s revenue potential by tracking, licensing, managing, contracts, and royalty due. Some of the key players profiled in the study are Iptor (Sweden), MetaComet (Canada), Vistex (United States), Equisoft Inc. (Inovva), MetaComet Systems, Inc. (United States), WestEnd™ Software (United States), Ingenta (United Kingdom), The Eclipse Group (United Kingdom), RSG Media (United States) and Kensai International, Ltd. (United States).
On the basis of geography, the market of Royalty and Rights Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Royalty and Rights Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry , the sub-segment i.e. Retail & Consumer Goods will boost the Royalty and Rights Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organizations Size, the sub-segment i.e. Small and Medium Size Organization will boost the Royalty and Rights Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand from the Protect Assets from Duplicity
- Continuous Upgradation Demands of IP Rights & Royalty Solutions
- Increase in Market Competency
- Increase in Initial Cost
- Lack of Skilled Professionals
- Increasing Number of New Market Entrants
- High Complexity of the Process
The market is strongly fragmented by key market players who are focusing on developing technologies, improving efficiency and product life. There are various growth opportunities in the market, which is captured by tracking the continuous process improvement and financial flexibility to invest in market growth strategies.
Target Audience:Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Royalty and Right Management Software Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study To define, describe, and forecast the Global Royalty and Rights Management Software market on the basis of product [Standalone and Integrated] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Royalty and Rights Management Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Royalty and Rights Management Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Dependable Solutions, Inc. (United States), Rights Tracker Ltd. (United States) and FADEL (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Royalty and Rights Management Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.