In the world of business, market intelligence is one of the key weapons in the arsenal of an organization to maintain competitiveness. This involves gathering and analyzing information related to a specific market, service or product. This requires detailed knowledge of not just the market, product or service, but also about product and technology life cycles to understand the phase of business, growth abilities, saturation point, etc. can be gleaned from such a report. Thus, it can be seen that a report of this nature can only be provided by a team comprising business experts and technical domain experts, among others. Such a report will also be able to throw light on the size and volume of a market, the potential income and profits that can be generated from a business, and other such details.
MARKET & PATENT REPORTS
A good starting point for attempting any predictions involves picking up trends in that field. Market studies are no different, and neither are patents. Picking up trends in either matter would lead to a large cache of information, which in the right hands would become a powerful tool that can be wielded in a variety of ways. The nature of trends could include trends in filing in countries, timing of filings, product launch trends, new and players’ emergence trends, and so on. As can be gleaned, preparation of such reports requires a person with a keen knowledge of market forces, product lifecycle, technology lifecycle, patent lifecycle, international patent laws, and the like.
Type of documents relevant: patents, news item, brochures, marketing materials, etc
Timeline: dependent on requirement
Jurisdictions: dependent on requirement
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