The global patent analytics market is anticipated to grow at a considerable CAGR of 13.4% during the forecast period. The major market players uses AI and ML algorithms to add efficiency and insights to business practices. The patents are classified using one or more standardized classification codes making them suitable to be processed with ML techniques. Over […]
Tag Archives: Patent Analytics Market
Patent analytics market is anticipated to grow at a significant CAGR of 13.4% during the forecast period. According to World Intellectual Property Organization (WIPO), a record 277,500 international patents were filed in 2021, marking a 0.9-percent increase from 2020. Patent searching and analysis can provide actionable insights for businesses, allowing them to make strategic decisions […]