Global innovation in key digital economy industries is active… Patent registrations are increasing every year: Patent News
▲ Global patent registration trends in key digital economy industries from 2016 to 2023 / Excerpted and reorganized from the “Digital Economy Key Industry Patent Statistics Analysis Report (2024)” (Source: Ji Jae-yeon) © Patent News
The number of patents registered worldwide is increasing every year due to active global innovation in key industries of the digital economy.
According to a recent report released by the China National Intellectual Property Administration (CNIPA), the number of global patents in core industries of the digital economy in 2023 will reach 887,900, an increase of 11.7% year-on-year. This figure accounts for approximately 44.4% of the total number of global patents.
By sector, ‘digital product manufacturing (454,220 cases)’ was found to have the most patents registered in the world. This was followed by ‘digital element-based industry (258,489 cases)’, ‘digital technology application industry (174,852 cases)’, and ‘digital product service industry (338 cases)’.
▲ Global patent registration trends by sector of core digital economy industries in 2023 / Excerpted and reorganized from the “Digital Economy Core Industry Patent Statistics Analysis Report (2024)” (Source: Ji Jae-yeon) © Patent News
Regarding this, Jeong Su-yeon, a researcher at the Korea Institute of Intellectual Property, said, “With the emergence of new digital technologies such as artificial intelligence (AI) and video design, global companies are accumulating massive patent data and strengthening their market dominance.” She emphasized, “In this situation, the recently implemented Industrial Property Information Act can serve as a good foundation for creating new intellectual property from new digital technologies. Since Korea has world-class IT infrastructure, if domestic companies strategically utilize patent big data for R&D based on the Industrial Property Information Act, they will have a strong growth engine that can lead the digital economy.”