The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Lessors Of Nonfinancial Intangible Assets Global Market Report 2023, the lessors of nonfinancial intangible assets market is expected to show significant growth in the forecast period.

Key insights from the lessors of nonfinancial intangible assets market forecast include:

1.  Market Size

The global nonfinancial intangible asset lessors market is set to increase from $555.64 billion in 2022 to $610.72 billion in 2023, with a 9.9% CAGR. By 2027, the market is projected to reach $886.4 billion, growing at a 9.8% CAGR.

2. Major Driver

Increasing nonfinancial intangible assets like trademarks, patents, and brand names fuel the nonfinancial intangible asset lessors market. The growth in these assets drives demand. For instance, in 2020, global patent filings rose 1.6%, trademarks grew by 13.7%, and industrial designs by 2%. The volume included 3.3 million patent filings, 17.2 million trademark applications, and 1.4 million industrial design filings. Utility model applications, a specialized patent right, increased by 28.1% to reach 3 million in 2020. Hence, the upsurge in nonfinancial intangible assets is expected to boost the nonfinancial intangible asset lessors market.

View More On The Lessors Of Nonfinancial Intangible Assets Market Report 2023 – https://www.thebusinessresearchcompany.com/report/lessors-of-nonfinancial-intangible-assets-global-market-report

3. Key Trend

Numerous firms invest in R&D, aiming to boost revenue via patent leasing. They focus on niche sectors, striving for high ROI in R&D. Patent holders license to competitors and related industries, often creating specialized subsidiaries for monetization. Companies like Qualcomm and Ericsson leverage their intellectual property for substantial revenue, with Qualcomm even establishing a separate IP unit.

4. Major Players

Major companies in the lessors of the nonfinancial intangible assets market report are McDonald’s, Koninklijke Ahold Delhaize N.V, Subway, 7-Eleven, and Yum! Brands, Restaurant Brands International Inc., Hilton Worldwide Holdings, Domino’s Pizza, Hyatt Hotels Corporation, and Wyndham Worldwide Corp.

5. Top Market Segments

The global lessors of nonfinancial intangible assets market is segmented –

1) By Type: Oil Royalty Companies, Patent Owners And Lessors

2) By Mode: Online, Offline

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The Lessors Of Nonfinancial Intangible Assets Global Market Report 2023  provides an in-depth analysis on the lessors of nonfinancial intangible assets market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the lessors of nonfinancial intangible assets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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