The global technology industry experienced an 11% decline in the number of edtech-related patent applications in Q3 2023 compared with the previous quarter. The total number of edtech-related grants dropped by 8% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Technology: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of edtech-related patent applications in the technology industry was 498 in Q3 2023, versus 560 in the prior quarter.
The top five companies accounted for 5% of patenting activity
Analysis of patenting activity by companies shows that Casio Computer filed the most edtech patents within the technology industry in Q3 2023. The company filed 8 edtech-related patents in the quarter, compared with 12 in the previous quarter. It was followed by State Grid Corporation of China with 5 edtech patent filings, Nippon Telegraph and Telephone (4 filings), and Dell Technologies (3 filings) in Q3 2023.
Patenting activity was driven by China with a 39% share of total patent filings
The largest share of edtech related patent filings in the technology industry in Q3 2023 was in China with 39%, followed by the US (19%) and South Korea (17%). The share represented by China was 15% higher than the 24% share it accounted for in Q2 2023.
For further understanding of GlobalData's Technology: Patents Trends Q3 2023, buy the databook here.