World Intellectual Property Indicators

About World Intellectual Property Indicators: 

• The report reveals significant growth in patent, trademark, and industrial design applications across top economies.

Highlights of the report

• India has secured a spot in the global top 10 for all three major intellectual property (IP) rights—patents, trademarks, and industrial designs.
• India recorded the fastest growth in patent (+15.7%) applications in 2023 among the top 20 origins, marking the fifth consecutive year of double-digit growth.
• India ranks sixth globally for patents with 64,480 applications, with resident filings accounting for over half of all submissions (55.2%)—a first for the country.
• The report indicates a steady rise (36.4%) in India’s industrial design applications, which aligns with increasing emphasis on product design, manufacturing, and creative industries within India.
• The top three sectors—Textiles and Accessories, Tools and Machines, and Health and Cosmetics—made up almost half of all design filings,
• Between 2018 and 2023, patent and industrial design applications more than doubled.
• India’s patent-to-GDP ratio also saw significant growth, rising from 144 to 381 in the past decade, indicating that IP activity is scaling alongside economic expansion.
• India ranked fourth globally in trademark filings, with a 6.1% increase in 2023. Nearly 90% of these filings were by residents, with key sectors including Health (21.9%), Agriculture (15.3%), and Clothing (12.8%) leading the way.
• India’s trademark office holds the second-largest number of active registrations worldwide, with over 3.2 million trademarks in force, reflecting the country’s strong position in global brand protection.
• Key findings show a record of 3.55 million patent applications filed worldwide in 2023, up 2.7% from 2022 with notable contributions from leading economies in Asia. This increase was largely driven by residents in China, the United States, Japan, South Korea, and India.

Q1: What is the World Intellectual Property Organization?

It is a specialized agency of the United Nations, located in Geneva, Switzerland. It was established by the WIPO Convention in 1967. Its mission is to lead the development of a balanced and effective international intellectual property (IP) system that enables innovation and creativity for the benefit of all.

News: India secures position in top 10 countries in Patents, Trademarks, and Industrial Designs: WIPO 2024 Report