December 2015, the State Council issued Opinions to Speed up Power Construction of Intellectual Property under the New Situation, proposed to deepen reforms in the area of intellectual property rights, accelerate the construction of intellectual property powers. And innovative China also needs intellectual property services for its innovative escort. At present, China's IP service industry lack of companies and industry concentration, leading to insufficient effective supply, and intellectual property rights (IPR) rapid development force supporting the increase in service demand, providing and demand continues to intensify intellectual property services market which has become promising. Horizontally, copyright is on the cusp, trademark is at the intense changes, patent service market is poised for a rise. With the gradual fermentation views, The Patent Law, Regulations on Patent Commissioning and a series of laws and regulations amendments have been passed, IP services market as a whole is expected to have an accelerated growth. We expect the entire intellectual property services market size of more than trillion and there will be an enormous room for growth compared to the grassroots research who said it is 80 billion scale.
Along the industrial chain of IP service system to seek investment opportunities. From the vertical perspective, intellectual property service system can be divided into six kind including legal services, agency services, information services, consulting services, business services and training services. According to the action plan for national intellectual property strategy, IP services annual growth from 2015-2020 should reach 20% (1) Legal and agent services market is relatively mature, we estimated that the market scale of 50 billion yuan in 2015; (2) To the entire intellectual property services market, access to information is a top priority. Pan-information services industry including database-building, early warning analysis, advice and so on. We estimate the entire pan-information services market space is about 600 billion yuan; (3) The largest space for commercialization is including intellectual property assessment, trading, financing, management and hosting of. From the view of planning, we estimate that the amount of financing and technology markets registered technology contracts amount will reach to 2 trillion yuan and 180 billion yuan by 2020; (4) Intellectual property service lack of personnel. With the growing interest in development of industry, we estimate the training industry market will be nearly a million.
——Resource: Guotaijunan Securities
Patent operations pilot enterprises in China distributed in Beijing, Shanghai, Shenzhen, Chengdu which occupying the top four and patent operations pilot enterprises concentrated in the coastal and central developed cities, of significant difference between them and other areas. Up to November 30, 2016, there are 51,185 enterprise whose business scope includes providing intellectual property services registered in industrial and commercial bureau of 2015, and it accounted for 1.16% of newly registered enterprises 4.38 million households in China. The surviving Enterprise (after the adoption of the restructuring of enterprises, existing in the form of a group or the parent company who did not be listed) and the economically active enterprises (the normal production and operation of enterprises, did not discontinued or conversion) accounted for a total of 91.52%, IP service enterprises whose have been logged off or revoked only accounted for 8.35%. Generally speaking, domestic intellectual property service companies are able to operate normally. Intellectual property services enterprises in Beijing, Shanghai, Guangdong, Jiangsu are of more than 3,000; The enterprise in Fujian, Zhejiang and Shandong are between 2000-3000; Central region in China are less than 2000 in General. Intellectual property service enterprises are located along the Southeast China.
Editor | Judy