Los Altos, CA, January 15, 2025: MaxVal Group, Inc. (“MaxVal”), a leading provider of intellectual property (IP) management solutions, today announced the release of its 2024 Patent Publication Trends report. This comprehensive analysis offers a detailed overview of the latest global patent filing activities, delivering critical insights for businesses, academic institutions, and policymakers to navigate the evolving IP landscape.
The report reveals a 4% increase in global patent publications compared to 2023, with over 3.45 million applications published worldwide.
Key highlights include:
- Top Markets for Innovation: China, the United States, Japan, the European Patent Office (EPO), and Korea continued to dominate global filings. Innovation surged in sectors such as Internet/Software, Consumer Electronics, and Biotechnology.
- Corporate Leadership: Industry leaders Samsung, Apple, Qualcomm, and LG spearheaded innovation, while universities, hospitals, and research institutions accounted for an impressive 14% of all applications.
- Regional Highlights: Strong filing activity was observed in IP5 offices, with additional growth seen in countries like Germany, Taiwan, India, and Australia.
“Our analysts leveraged a wealth of global patent data to uncover key trends and shifts shaping innovation across industries,” said Michael Montembeau, Director of Search and Analytics at MaxVal. “This report reflects our commitment to providing actionable insights that help our clients stay ahead in the ever-changing IP landscape.”
The 32-page report offers actionable intelligence on patent filing trends, helping stakeholders anticipate market shifts and identify growth opportunities.
Download your copy of MaxVal’s 2024 Patent Publication Trends report to gain an edge in today’s competitive innovation ecosystem.
For more information or to access the full report, visit www.maxval.com.
About MaxVal
Based in Silicon Valley, MaxVal is a leading global provider of intellectual property (IP) management solutions, offering end-to-end technology and services that simplify and enhance the entire IP lifecycle. Since 2004, MaxVal has been delivering innovative, secure, and scalable solutions for corporations and law firms worldwide. With a deep commitment to client success, MaxVal offers a full range of services, including its flagship IP management platform, Symphony, the industry-leading IDS solution, Max-IDS, along with IP administrative support, search services, docketing, renewals, patent illustrations, and more. Trusted by Fortune 500 companies and top IP law firms, MaxVal helps businesses maximize the value of their IP portfolios while ensuring operational efficiency, quality, and data security.