Anaqua Reveals Growth In US Patent Grants, Innovation Trends For 2024

KUALA LUMPUR, Feb 3 (Bernama) -- Anaqua, a provider of innovation and intellectual property (IP) management technology solutions, has released its annual United States Patent and Trademark Office (USPTO) data analysis, revealing a nearly six per cent increase in patent grants over the past year.

According to Anaqua in a statement, the total number of granted patents reached 368,597, was based on the analysis conducted using its AcclaimIP patent analytics software.

Anaqua chief executive officer, Bob Romeo said the surge in global patent activity highlights continued investment in emerging technologies.

“Our market leading AcclaimIP solution helps clients search over 165 million patents helping them to analyse IP in order to determine patentability and assess the competitive patent landscape,” he said.

Samsung Electronics remains at the forefront of innovation, leading with 10,427 granted patents. Its key growth areas include organic light-emitting solid-state devices and electric data processing interfaces.

Taiwan Semiconductor Manufacturing Company (TSMC), LG Corp, Qualcomm, and Apple round out the top five companies, with Apple’s focus on multi-use digital and wireless communication technologies propelling it into the list.

In terms of countries, US-based companies led globally with 157,955 patents, despite a slight three per cent decrease from the previous year. Japan, China, South Korea, and Germany followed, with the latter leading Europe.

Technology areas with the highest number of patent grants include semiconductor technology, artificial intelligence (AI), medical innovations, 5G, and virtual reality (VR). Notably, semiconductor patents saw significant growth, while AI patent grants also increased, with innovations in machine learning, image recognition, and biological-related AI.

Anaqua’s report serves as a benchmark for tracking global patent trends, highlighting the strong growth in semiconductor and AI-related innovations, which contribute to a thriving invention ecosystem across industries.

-- BERNAMA