IoT: Driving the Patent Growth Story in India

This report provides an understanding of the patent landscape of Internet of Things ‘IoT’ Patents filed in India. Including the key trends across number of patents, assignees and application areas

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Key Findings

~40% of the IoT patents filed in India were first filed in the US (originated in the US)
~30% of IoT patents were filed by electronics and electrical equipment manufacturers followed by Semiconductor Device Manufacturers which accounted for over 20%
~13% of the patents were filed by IT/ITES companies

Healthcare and Automobile Industry lead the Industry 4.0 patent filing
Home Automation IoT patent were led by Smart Electrical Appliances followed by Smart wearables
Hardware Components and Softwares remain the leading technology areas
95% of IoT patents relate to hardware components, with connectivity network and sensors being the leading sub-technologies

~70% of IOT patents in India were filed from MNCs and International Start-ups
7% of the patents were filed by Indian companies and start-ups

90% of the granted patents were filed by the MNCs
MNCs had a high ratio of granted to filed patents at over 50%

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