The Commission on the Theft of American Intellectual Property estimates that annual costs from IP losses range from $225 billion to $600 billion, much of it from China.
IP Theft is Costly
The digital piracy of movies, music and software cost $213 billion in 2015 (est)
2-2.6 million jobs were lost globally in 2013 from counterfeit, knock-off and fake goods
By 2022, a projected 4.2-5.4 million jobs will be lost due to IP theft
The cost of trade in counterfeit and pirated goods could reach $991 billion by 2022