The USPTO recently released a report that argues “no company or country leads in 5G patenting.” The data that underlines this report is pulled from 5G patents that were self-declared, meaning they were not checked for essentiality or validity. Regardless of the difficulty pinpointing a leader, the 5G patent race is becoming increasingly competitive, with 5G on track to become one of the most lucrative Standard Essential Patent (SEP) markets. An SEP is a patent that claims an invention that must comply with a technical standard.
In an increasingly connected and digitized world, 5G is emerging as a driving force for innovation across industries such as medical technology (MedTech). As we are now in the early stages of the development and deployment of 5G technology, companies and legal teams in this space should be acquainting themselves with the specifics of 5g licensing, as it raises concerns about intellectual property litigation.
“As more devices and tools become connected, smart cars, crop communication, machinery, etc. will be further developed by innovators to maximize incoming data.” Read on as we assess how 5G will impact businesses around the world and affect the subsequent influx of litigation surrounding this new technology.