IP Consulting Firm Adds IoT Patent Database to Research Offerings
TechIPm added a patent database for key IoT wireless connectivity standards to its research offerings, the intellectual property consulting firm said Thursday in a blog post. Many market researchers expect interconnected IoT devices to “create a new market that will…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
result in more than $1 trillion in value added to the global economy within 10 years,” the firm said. “Wireless connectivity is the key enabler for the mass deployment of the IoT devices.” More than 3,000 patents owned by more than 160 assignees “are identified as the key wireless standard patents for IoT connectivity,” it said. The combined IP holdings of LG, Qualcomm and Samsung account for nearly 30 percent “of the identified key wireless standard patents for the IoT connectivity,” it said. “The patent database for the key IoT wireless connectivity standards can be used for many diverse purposes in the strategic patent management and exploitation such as competitive intelligence, M&A strategy, IP financing, open innovation and monetization.”