Between 2013 and 2023, the number of patents in the ICT sector in Argentina experienced significant volatility. In 2013, the number of patents stood at 4.48 units, peaking in 2015 at 10.96 units before drastically declining to 1.5 units in 2020. The year-on-year variation in 2021 was positive at 87.37%, which contributed to a slight recovery in the following years. By 2023, the number of patents recorded was 3.01 units, marking a negligible increase of 0.29% from the previous year. The 5-year CAGR from 2019 to 2023 was 2.39%, indicating a moderate average annual growth.
Going forward, forecasts from 2024 to 2028 show a declining trend with the number of patents expected to decrease to 2.08 units by 2028. The forecasted 5-year CAGR is -5.48%, suggesting a significant reduction rate, approximately 24.54% over the next five years.
Future trends to watch:
- The impact of governmental policies on innovation and patenting activity.
- Shifts in global ICT investment and market demand influencing Argentina’s patent output.
- Technological advancements and potential boosts in local R&D initiatives.
