The global consumer industry experienced a 41% decline in the number of cybersecurity-related patent applications in Q2 2023 compared with the previous quarter. The total number of cybersecurity-related grants dropped by 9% in Q2 2023, according to GlobalData’s Patent Analytics. GlobalData’s Cybersecurity in Consumer Goods – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Consumer sector, and the leading Cybersecurity adopters and vendors in the market. Buy the report here.
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Notably, the number of cybersecurity-related patent applications in the consumer industry was 213 in Q2 2023, versus 362 in the prior quarter.
The top five companies accounted for 54% of patenting activity
Analysis of patenting activity by companies shows that Intel filed the most cybersecurity patents within the consumer industry in Q2 2023. The company filed 68 cybersecurity-related patents in the quarter, compared with 127 in the previous quarter. It was followed by Haier Group with 14 cybersecurity patent filings, BlackBerry (12 filings), and Brother Industries (11 filings) in Q2 2023.
Patenting activity was driven by the US with a 62% share of total patent filings
The largest share of cybersecurity related patent filings in the consumer industry in Q2 2023 was in the US with 62%, followed by China (19%) and Japan (8%). The share represented by the US was 28% higher than the 35% share it accounted for in Q1 2023.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
