Intellectual property (IP) is a valuable asset for businesses of all sizes. Proper management of IP can help companies protect their innovations, prevent theft and infringement, and gain a competitive advantage. In this blog post, we have compiled statistics related to intellectual property management that can help businesses understand the importance of IP and its management.
Key Intellectual Property Management Statistics – MY Choice
- According to the World Intellectual Property Organization, global patent applications increased by 5.2% in 2020, despite the COVID-19 pandemic.
- In 2020, China was the top country for patent applications, with a total of 68,720 filed with the WIPO, followed by the United States with 59,230.
- The WIPO reported that trademark applications grew by 10.4% in 2020, with China again leading with 7.9 million applications.
- According to a survey by the International Trademark Association, companies spend an average of 8% of their revenue on protecting their intellectual property.
- In the United States, copyright industries contributed $1.3 trillion to the economy in 2018, accounting for 6.9% of the country’s GDP.
- A study by the European Union Intellectual Property Office found that counterfeiting and piracy cost the EU economy €60 billion annually, and resulted in the loss of 435,000 jobs.
- The Global Innovation Index 2021 ranked Switzerland as the top country for intellectual property protection, followed by Sweden and the United States.
- In 2019, the United States Patent and Trademark Office granted a total of 354,428 patents, with IBM receiving the most (9,262).
- A study by the IP Commission estimated that the cost of IP theft to the US economy is between $225 billion and $600 billion annually.
- The music industry lost an estimated $12.5 billion to piracy in 2019, according to a report by the International Federation of the Phonographic Industry.
Importance of IP Management
- In a survey of 1,000 US business executives, 94% said that IP is important to their businesses. (US Chamber of Commerce)
- Intellectual property-intensive industries contributed $6.6 trillion to the US GDP in 2014. (USPTO)
- The top 10% of firms by IP activity generate 40% higher revenue per employee than firms with the lowest IP activity. (WIPO)
- IP rights can account for up to 80% of a company’s value. (IPWatchdog)
- Companies with formal IP management policies have 20% higher revenue per employee than those without. (WIPO)
IP Management Challenges
- 38% of companies struggle to identify their IP assets. (World Trademark Review)
- 37% of companies find it difficult to track their IP assets. (World Trademark Review)
- 35% of companies face challenges in managing IP across multiple jurisdictions. (World Trademark Review)
- 30% of companies struggle to align their IP management with business objectives. (World Trademark Review)
- 24% of companies lack the resources to manage their IP effectively. (World Trademark Review)
IP Management Strategies
- 71% of companies use IP to protect their products or services. (WIPO)
- 48% of companies use IP to protect their brand reputation. (WIPO)
- 40% of companies use IP to attract investors. (WIPO)
- 39% of companies use IP to increase market share. (WIPO)
- 38% of companies use IP to generate revenue. (WIPO)
Patent Applications and Grants
- Over 3.3 million patent applications were filed worldwide in 2020. (WIPO)
- The USPTO received over 700,000 patent applications in 2020, the highest number in its history. (USPTO)
- China received over 1.4 million patent applications in 2020, the highest number in the world. (WIPO)
- The USPTO granted over 350,000 patents in 2020. (USPTO)
- IBM received the most US patents in 2020, with 9,130 granted. (IFI CLAIMS)
Patent Costs
- The average cost of obtaining a US patent is $40,000-$50,000. (Invention Patent Law)
- The cost of patent maintenance fees can reach up to $11,000 over the life of a patent. (Invention Patent Law)
- The cost of defending a patent infringement case can range from $300,000 to $5 million. (American Bar Association)
Patent Trends
- The number of AI-related patent applications filed worldwide has increased by 34% annually since 2013. (WIPO)
- The number of blockchain-related patent applications filed worldwide has increase
Table 1: Global Intellectual Property Management Market Statistics
Year | Market Value (USD Billion) | CAGR (%) |
---|---|---|
2020 | 6.39 | – |
2026 | 15.57 | 17.43 |
The Value of Intellectual Property
- The value of intellectual property in the United States is estimated to be around $6 trillion, which is equivalent to 38.2% of the country’s GDP. (Source: WIPO)
- In 2020, the value of the world’s top 100 most valuable brands was $5 trillion, with intellectual property accounting for over 90% of the total value. (Source: Brand Finance)
- Intellectual property-intensive industries in the United States contributed $6.6 trillion to the country’s GDP in 2018. (Source: USPTO)
Intellectual Property Management Strategies
- According to a survey, 87% of companies believe that IP is essential to their success, and 75% consider IP to be important to their business strategy. (Source: Inngot)
- 71% of companies with IP portfolios actively manage their intellectual property, while 29% do not have any IP management strategy in place. (Source: IPWatchdog)
- The most commonly used strategies for managing intellectual property include patents, trademarks, trade secrets, copyrights, and licensing. (Source: WIPO)
- A study found that companies that invest in patents, trademarks, and other forms of intellectual property generate higher revenues and have better business outcomes than those that do not. (Source: Harvard Business Review)
Intellectual Property Infringement
- The estimated cost of global IP infringement is $4.2 trillion per year, which is equivalent to 5.4% of the world’s total GDP. (Source: Frontier Economics)
- Counterfeiting and piracy cost the global economy $2.3 trillion each year, with the highest losses in the luxury goods, pharmaceuticals, and software industries. (Source: OECD)
- In 2020, the United States Customs and Border Protection seized over $1.3 billion worth of counterfeit goods, with the most significant number of seizures in the apparel and accessories category. (Source: CBP)
Intellectual Property Litigation
- The average cost of intellectual property litigation in the United States ranges from $500,000 to $3 million. (Source: IPWatchdog)
- In 2020, there were 4,045 patent infringement lawsuits filed in the United States. (Source: Lex Machina)
- The average time to resolve a patent infringement lawsuit in the United States is 2-4 years. (Source: American Bar Association)
Intellectual Property and Innovation
- A study found that companies with a strong IP position are more likely to engage in research and development and introduce new products to the market. (Source: WIPO)
- In 2020, the United States Patent and Trademark Office issued over 352,000 patents, the highest number in history. (Source: USPTO)
- China filed the most patent applications in the world in 2020, with over 68,720 applications filed. (Source: WIPO)
Table 2: Intellectual Property Management Software Statistics
Year | Granted Patents (US) | Published Applications (US) | Top Patentees | Top Origin Countries |
---|---|---|---|---|
2018 | – | – | – | – |
2019 | 392,616 | 394,879 | Top 25 | China |
Table 3: Intellectual Property Management Latest Statistics
IP Cases | State | Filings (Number) | National Caseload (%) |
---|---|---|---|
Copyright | CA | 16,817 | 22 |
Copyright | NY | 11,115 | 15 |
Copyright | TX | 5,223 | 7 |
Patent | TX | 16,164 | 20 |
Patent | CA | 13,478 | 17 |
Patent | DE | 6,652 | 8 |
Trademark | CA | 16,526 | 21 |
Trademark | NY | 9,659 | 12 |
Trademark | FL | 6,823 | 9 |
Survey | – | – | 76.8 |
Table 4: Market and Business Statistics
Industry | Market Size (GBP Billion) | Number of Businesses | Average Profit Margin (%) |
---|---|---|---|
Intellectual Property | 15 | 9,563 | x.x |
Table 5: Intellectual Property Seizure Statistics
Product Category | Seizure Lines (Number) | Seizure Lines (%) | MSRP Value (USD Billion) | MSRP Value (%) |
---|---|---|---|---|
Wearing apparel & accessories | 30,681 | 30% | – | – |
Watches & jewelry | – | – | 1.18 | 36% |
Handbags & wallets | – | – | 0.972 | 29% |
Table 6: Other Intellectual Property Management Statistics
Category | Details |
---|---|
IoT Patents in India | Sixfold growth in IoT patents in India over the past five years, with over 80% of these patents related to Industry 4.0. |
Hogan IP Practice | Over 400 professionals in Americas, Europe, and Asia, with over 50% of the world’s largest brand owners as clients. |
IP Offices by Region | North America has 20.4% of all IP Offices, while Europe has slightly over 1%. |
Entry Type 86 Filings | Accounted for almost 50% of all non-mail de minimis shipments. |
COVID-19 Seizure Details | 16% of seizures in express consignment and 80% in incoming mail, with 77% originating in China. |