NEW YORK, May 3, 2021 /PRNewswire/ -- Set to grow by USD 2.28 billion during 2021-2025, Technavio's latest market research report estimates the intellectual property software market to register a CAGR of almost 14%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aistemos Ltd., Anaqua Inc., CPA Global Ltd., Dennemeyer Group, IPfolio Corp., LexisNexis Legal and Professional, Patrix AB, QUESTEL SAS, TORViC Technologies Inc., and Thales Group are some of the major market participants. Rising investments in R&D will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.