India saw a six times increase in the registration of patents related to the Internet of Things (IoT) over the last five years. More than 80 per cent of these patents were related to applications pertaining to Industry 4.0, with the healthcare and automobile industry leading the way, a Nasscom report said on Friday.
According to a news report by IANS, about 6,000 IoT Patents were filed in India from 2009-2019, of which over 5,000 were filed in the last five years.
Over 70 per cent of the total IoT patents came from from the R&D centres of global and companies while start-ups accounted for about 7 per cent of such patents, said the report titled ”IoT: Driving the Patent Growth Story in India”.
Nearly 95 per cent of IoT patents were relate to hardware components, with connectivity network and sensors being the leading sub-technologies.