Over 5,000 IoT patents filed in India over last 5 years: Nasscom

About 6,000 Internet of Things (IoT) patents were filed in India from 2009-2019, of which over 5,000 were filed in the last five years, a report by IT industry body Nasscom said on Friday. 40 per cent of the total IoT patents filed have been granted, the report titled ‘IoT: Driving the Patent Growth Story in India’ said.

Over 80 per cent of these patents filed were related to applications pertaining to Industry 4.0 with the healthcare and automobile industry leading the way, the report said, adding that 70 per cent of the patents came from multinational corporations (MNCs), and 7 per cent were filed by startups.