The global èßäAV experienced a 27% decline in the number of cybersecurity-related patent applications in Q1 2024 compared with the previous quarter. The total number of cybersecurity-related grants rose by 10% in Q1 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Construction: Patents Trends Q1 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years.
Notably, the number of cybersecurity-related patent applications in the èßäAV was 66 in Q1 2024, versus 91 in the prior quarter.
The top five companies accounted for 61% of patenting activity
èßäAV of patenting activity by companies shows that filed the most cybersecurity patents within the èßäAV in Q1 2024. The company filed 27 cybersecurity-related patents in the quarter, compared with 33 in the previous quarter. It was followed by with 7 cybersecurity patent filings, Kohler (3 filings), and KONE (2 filings) in Q1 2024.
Patenting activity was driven by the US with a 39% share of total patent filings
The largest share of cybersecurity related patent filings in the èßäAV in Q1 2024 was in the US with 39%, followed by China (23%) and Japan (5%). The share represented by the US was 17% higher than the 22% share it accounted for in Q4 2023.
For further understanding of GlobalData's Construction: Patents Trends Q1 2024,
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