The global aerospace, defence & security industry experienced a 37% decline in the number of metaverse-related patent applications in Q3 2024 compared with the previous quarter. The total number of metaverse-related grants dropped by 11% in Q3 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Aerospace, Defense & Security: Patents Trends Q3 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
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Notably, the number of metaverse-related patent applications in the aerospace, defence & security industry was 57 in Q3 2024, versus 90 in the prior quarter.
The top five companies accounted for 25% of patenting activity
Analysis of patenting activity by companies shows that Xerox filed the most metaverse patents within the aerospace, defence & security industry in Q3 2024. The company filed 3 metaverse-related patents in the quarter. It was followed by Skydio with 3 metaverse patent filings, RTX (3 filings), and Oshkosh (3 filings) in Q3 2024.
Patenting activity was driven by the US with a 56% share of total patent filings
The largest share of metaverse related patent filings in the aerospace, defence & security industry in Q3 2024 was in the US with 56%, followed by China (2%) and Israel (2%). The share represented by the US was 11% higher than the 46% share it accounted for in Q2 2024.
For further understanding of GlobalData's Aerospace, Defense & Security: Patents Trends Q3 2024, buy the databook here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
