India has been the only country among the top 20 nations to continuously increase its patent filing totals each year over the past decade, according to the WIPO report.
The World Intellectual Property Organization reported significant growth in patent filings, with India placing consistently among the top nations, emphasizing the importance of Asian offices in global IP.
In 2023, of the total 3.55 million patent applications globally, China led significantly, but India demonstrated notable growth, showcasing its innovation landscape.
The report highlighted that Asian intellectual property offices received around two-thirds of all global patent applications, confirming their pivotal role in the international IP ecosystem.
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