National Association of Software and Services Companies (Nasscom) said about 6,000 IoT Patents filed in India from 2009-2019 of which over 5,000 were filed in the last five years.
Over 80 percent of these patents filed were related to applications pertaining to Industry 4.0 with the healthcare and automobile industry leading the way.
Over 70 percent of the patents filed in India were from R&D centers of global companies, Indian companies and start-ups accounted for about 7 percent of patents. 95 percent of IoT patents relate to hardware components with connectivity network and sensors being the leading sub-technologies.
Manufacturers of electronics and electrical equipment, semiconductor devices, and computer and telecom equipment, together accounted for over 60 percent of the IoT patents filed in India by business entities over 2009-19, while the share for IT-ITeS companies stood at 13 percent.
Over 40 percent of the total IoT patents filed in the country have been granted, with global companies accounting for 90 percent of them.
In terms of applications areas patents pertaining to Smart Electrical Appliances and Smart Wearables lead in the Home Automation category. Disaster Prevention is one of the key areas which can use IoT in assisting epidemiologists to trace patient zero and the affected contacts by overlaying geographic information system on IoT mobile data. Smart cellular wrist bands can also help in effective quarantine compliance.
Patent filing will also see an increase in the coming years primarily driven by Healthcare, Automation, Manufacturing and Supply Chain, 5G and Security systems. IoT innovation will help countries rebound in the Post-COVID era, with an increased focus in healthcare and hygiene.