IoT Patents – Landscape and Commercialization Trends (Report)
May 18, 2017One can better understand the IoT landscape by employing patent taxonomies of the relevant technologies and application verticals. IoT involves several technologies and a variety of applications specific to different industry sectors. One of the better ways to understand this varied and dynamic domain is by employing patent taxonomies of the relevant technologies and applications in tandem with analytics - to study portfolios of various players in the IoT ecosystem. Relecura’s latest IP Intelligence Report elaborate on how the above approach can help us gain insights into the technology, IP commercialization trends, and opportunities in IoT. Some top-level findings are listed below:
- IoT covers a broad range of categories with close to 130,000 published patent documents pertaining to distinct inventions.
- The major IoT players seem to be acquiring companies working on technology products for the upper layers of the IoT stack (IoT applications and services, analytics; IoT platform offerings), in preference to companies with products for specific IoT application areas.
- The top patent holders in IoT, are from diverse sectors like semiconductor and electronics (Samsung, LG, Sony); telecom (Huawei, Ericsson, Korea Electronics Telecom, ZTE), and software (IBM, Microsoft).
- Samsung leads in terms of total published patents with a total of just over 4,500, including more than 2,000 in the last two years alone.
- Employing Relecura’s patent quality metric, Qualcomm comes out on top with 852 of the company’s assets with a Star Rating of 3.5 or higher, followed by Intel (412 high-quality patent assets) and Samsung (393 high-quality patent assets).
- Avago, Google, Samsung, Nokia and Alcatel-Lucent are the key companies acquiring IoT patents.