The global automotive industry experienced a 33% decline in the number of internet of things-related patent applications in Q3 2023 compared with the previous quarter. The total number of internet of things-related grants dropped by 23% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Automotive: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Notably, the number of internet of things-related patent applications in the automotive industry was 1,493 in Q3 2023, versus 2,228 in the prior quarter.

The top five companies accounted for 19% of patenting activity

Analysis of patenting activity by companies shows that LG filed the most internet of things patents within the automotive industry in Q3 2023. The company filed 97 internet of things-related patents in the quarter, compared with 149 in the previous quarter. It was followed by Samsung Group with 55 internet of things patent filings, Qualcomm (52 filings), and Huawei Investment (42 filings) in Q3 2023.

Patenting activity was driven by the US with a 38% share of total patent filings

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The largest share of internet of things related patent filings in the automotive industry in Q3 2023 was in the US with 38%, followed by China (24%) and South Korea (7%). The share represented by the US was 4% higher than the 34% share it accounted for in Q2 2023.

For further understanding of GlobalData's Automotive: Patents Trends Q3 2023, buy the databook here.