In 2023, the number of patents in the UK's ICT sector stood at approximately 1.40 thousand. From 2024 to 2028, there is a forecasted steady growth in patent filings, with a projected increase to 1.53 thousand by 2028. This represents a year-on-year growth ranging between 1.3% and 1.6% over these years. The Compound Annual Growth Rate (CAGR) over the five-year span is projected at 1.6%, indicating moderate yet consistent sector innovation.
Future trends to watch for include:
- Technological advancements accelerating patent activity.
- Policy changes impacting patent laws and filing processes.
- Increased investment in R&D within the ICT sector.
