Who is leading the race of innovating and commercializing the 5G standard, paving the way for a more connected world?
NEW YORK, Oct. 10, 2023 /PRNewswire/ -- LexisNexis® Legal & Professional, the leading provider of intelligent patent analytics, brings unprecedented transparency to one of the world's most important technologies and complex licensing markets in their 2023 report, "Who Is Leading the 5G Patent Race?" With the next wave of the industrial revolution powered by advances in mobile networks, nearly every industry will rely on connectivity standards like 5G. Innovators contributing to the standard and covering their innovations with standard essential patents (SEPs) are best positioned to dominate and commercialize in this growing market. Every week, 7-to-9-digit figure licensing deals in 5G are negotiated, while lack of transparency makes defining the market volume and market share difficult, in some cases even resulting in court disputes.
- With the next wave of the industrial revolution powered by advances in mobile networks, nearly every industry will rely on connectivity standards like 5G.
- "The 5G revolution is reshaping our world," said Tim Pohlmann, CEO and Founder of IPlytics, acquired by LexisNexis in November 2022.
- We are proud to support innovators by bringing transparency to the 5G space based on comprehensive data and objective measures."
- 5G patent trends by geography:
The US is the leading jurisdiction with over 28,000 granted 5G patent families, followed by China with about 26,000 and Europe with almost 15,000 patent families.