In 2023, the number of patents in the ICT sector in the US stood at 20.5 thousand. Forecasted data shows a steady year-on-year increase: 3.0% in 2024, 3.3% in 2025, 3.2% in 2026, 3.0% in 2027, and 2.9% in 2028. Over the last two years (2022-2023), the sector experienced a variation of 3.1%. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 3.1%.
Trends to watch for over this period include:
- Advances in artificial intelligence and machine learning, likely contributing to an increase in patent applications.
- The growth of 5G and its associated technologies, which could drive innovations and new patents in the ICT sector.
- Continued expansion of the Internet of Things (IoT), spurring patent activity as new devices and integrations are developed.
- Emerging markets and start-ups contributing to increased competitiveness and innovation in the sector.