For businesses looking to build their brand and break into new markets, understanding the latest trends in global IP (intellectual property) licensing is essential. In this blog, we'll explore the top trends of 2023 and show how Negosh.com can help in managing these opportunities for the new year.
IoT: Smarten Up Your Product Line
The Internet of Things (IoT) is transforming everyday products, from toys and games to apparel. Imagine a licensed product that's not just a toy but a smart, interactive experience. With the IoT market set to hit $3 billion, it's a ripe area for product development and brand extensions.
Negosh Helps: We offer tools to create licensing agreements for IoT products, making your entry into this tech-forward market smoother.
Robotics: Innovate in Apparel and More
Robotics isn't just for manufacturing; it's entering consumer products, too. Think of apparel with robotic features or interactive toys. This market could reach over $6 billion soon, opening doors for innovative licensed merchandise.
Negosh Helps: Our platform simplifies post-deal management with software for royalty reporting, payments, and approvals, perfect for brands partnering in the robotics space.
Renewable Energy: Eco-friendly Licensing
The renewable energy sector is booming, offering opportunities for brand owners in sustainable product categories. Solar-powered gadgets or eco-friendly clothing lines could be your next big licensing program.
Negosh Helps: We streamline licensing agreements for renewable energy products, helping you join this green wave.
Music and Entertainment: Tune into New Markets
Music licensing opens up a world of opportunities. From digital soundtracks for games to artist-branded apparel, the potential for brand licensing agreements in music is huge.
Negosh Helps: We guide you through the complexities of music licensing, perfect for a marketing campaign that resonates across social media.
Art and Variety: Creative Licensing Possibilities
Art licensing is growing, offering brand owners a chance to infuse their products with creativity. Art-inspired home decor, fashion, and more can be part of your licensing program.
Negosh Helps: With Negosh.com, managing licensing agreements with artists and galleries is easy, adding a creative edge to your brand's identity.
These trends highlight the potential of IP licensing in shaping your brand's future. With Negosh.com, you can build long-term, successful brand partnerships, leveraging our expertise in licensing agreements to enhance your product or service. Stay ahead in 2023 with Negosh's strategic approach to IP licensing.