Analyzing Technology Trends from the 2024 Patent 300® List

Harrity Analytics is proud to announce the release of the 2024 Patent 300® List, an exclusive ranking of the top 300 companies, organizations, and universities obtaining US utility patents. This year’s list offers a comprehensive view of the intellectual property landscape and highlights the innovative strides made by leading technology firms.

The Top 15 Innovators of 2023 have showcased their commitment to innovation, collectively accounting for 16% of the 312,563 total utility patents issued. Despite a 3% drop from the previous year, these organizations have continued to push the boundaries of technology and innovation. Take a look at the top technology areas obtaining patents over the last 12 months.

Electronics and Semiconductors: The Front Runners
Samsung leads the pack with a staggering 9,036 patents, doubling the amount secured by the second-place LG. This indicates a strong focus on advancing consumer electronics, mobile communication technologies, and the underlying semiconductor technology. The emphasis on semiconductors is further highlighted by the presence of TSMC and Qualcomm in the top ranks, underlining the critical importance of these components in a multitude of devices.

Cloud, Software, and AI: The Digital Backbone
IBM, ranking third, along with Alphabet and Apple, emphasize the growing significance of cloud computing, artificial intelligence, and software innovation. These patents reflect not only their prowess in hardware but also their forward-thinking in the realms of software and services.

Optics, Imaging, and Automotive: Enhancing Vision and Mobility
Canon’s strong showing indicates a continued excellence in optics and imaging, a field that’s increasingly intersecting with automotive technologies, as seen with the presence of companies like Alphabet and Huawei. Such innovations are crucial for advancements in autonomous vehicles and connected mobility solutions.

Aerospace and Defense: Protecting and Exploring New Frontiers
Raytheon Technologies, known for its expertise in aerospace and defense, has maintained its position, signaling ongoing advancements in technologies critical for national security and exploration.

The Global Technology Landscape
The geographical diversity among the top 15 innovators, with companies from the United States, South Korea, Taiwan, and Japan, underscores the global nature of technological advancement and the interplay of different markets in driving innovation.

The 2024 Patent 300® List by Harrity Analytics not only celebrates the achievements of these innovators but also provides insights into the technology trends shaping our future. We invite industry professionals, analysts, and technology enthusiasts to delve deeper into our findings to understand the direction of innovation and its implications for the global market.

For a detailed exploration of the Patent 300® List and to gain more insights into these trends, visit our interactive Patent 300® Dashboard here.

For those interested in accessing customized analytics, contact Harrity Analytics today!

Stay tuned for more insights and analyses from Harrity Analytics, as we continue to explore the ever-evolving world of patents and innovation.