2020 Internet of Things Patent Market Overview

2020 Internet of Things Patent Market Snapshot

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Key Internet of Things (IoT) Patent Market Insights

● Samsung is the dominant holder of IoT-related U.S. patents with nearly double the number of patents of every other tech company.

● From 2013 to 2018, the number of IoT-litigated patents witnessed an increase of more than 400%, with a sharp spike from 2017 to 2018. Increased litigation is expected to continue.

● IoT related patent application filings dramatically increased over the last five years. This trend is projected to continue through 2020 as more enterprise and consumer solutions become standard.

● The majority of IoT patents are related to smart cities, automotive, healthcare, and agriculture.

● Security and data storage will be critical areas of IoT patent innovation.

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2019 IoT Patent Ownership

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Projected U.S. IoT Market By Application ($B)

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IoT Litigation By Entity Type

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Overall Distribution of IoT Segments by Patent Data

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.To access the full 2020 Internet of Things Patent Market Overview one-pager, please contact us at info@vitek-ip.com to request your free PDF version.

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Sources: Vitek IP, USPTO, Unified Patents, Statista, Relecura, Medium, Forbes, & Kilpatrick Townsend.