5000 IoT patents filed in India in 5 years; MNCs account for 70%, share of Indian companies low at 7% - Business News, Finance News, Share Market News - Market trendz

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Friday 5 June 2020

5000 IoT patents filed in India in 5 years; MNCs account for 70%, share of Indian companies low at 7%

According to a Nasscom report, while 70% of patents came from multinationals, 7% came from startups and 95% of IoT patents relate to hardware components. Around 60% of patents were filed by electronic manufacturers and 13% by IT-ITeS companies. Of all the IoT patents filed, 40% filed have been granted.

from Tech-Economic Times
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