Xero saw the highest growth of 224% in patent filings in February and 299% in grants in March in Q1 2024. Compared to Q4 2023, Q1 2024 saw an increase in patent filings by 26% and no change in grants. GlobalData’s DataBook provides a comprehensive analysis of Xero‘s patent filings and grants. Buy the databook here.

Xero has been focused on protecting inventions in United States(US) with 13 publications in Q1 2024

The United States(US) Patent Office dominates the patent filings and grants with nearly 39% filings and 67% grants. The United States(US), World Intellectual Property Organization(WIPO), Australia(AU), and European Patent Office(EPO) patent Office are among the top ten patent offices where Xero is filings its patents. Among the top granted patent authorities, Xero has 67% of its grants in United States(US) and 22% in European Patent Office(EPO).

China Investment and OBIC Group could be the strongest competitors for Xero

In terms of grant share, Xero stands in eighth position among its competitors. China Investment and OBIC Group secured the top positions according to recent patent publication data.

Patents related to digitalization and fintech lead Xero's portfolio

Xero has the highest number of patents in digitalization followed by, fintech and cybersecurity. For digitalization, nearly 22% of patents were filed and 9% of patents were granted in Q1 2024.

Databases related patents lead Xero portfolio followed by data & database management, and communications

Xero has highest number of patents in databases followed by data & database management, communications, machine learning, and financial service applications.

For comprehensive analysis of Xero's filings and grants, buy the databook here.

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