World Intellectual Property Indicators

Nov. 14, 2024

The World Intellectual Property Organization (WIPO) has published the World Intellectual Property Indicators (WIPI) 2024, underscoring global trends in intellectual property (IP) filings.

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.