The global automotive industry experienced a 36% decline in the number of cybersecurity-related patent applications in Q2 2023 compared with the previous quarter. The total number of cybersecurity-related grants dropped by 25% in Q2 2023, according to GlobalData’s Patent Analytics. GlobalData’s Cybersecurity in Automotive – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Consumer sector, and the leading Cybersecurity adopters and vendors in the market. Buy the report here.
Notably, the number of cybersecurity-related patent applications in the automotive industry was 1,294 in Q2 2023, versus 2,010 in the prior quarter.
The top five companies accounted for 16% of patenting activity
Analysis of patenting activity by companies shows that Huawei Investment filed the most cybersecurity patents within the automotive industry in Q2 2023. The company filed 72 cybersecurity-related patents in the quarter, compared with 108 in the previous quarter. It was followed by ELMOS Semiconductor with 57 cybersecurity patent filings, Telefonaktiebolaget LM Ericsson (28 filings), and AT&T (27 filings) in Q2 2023.
Patenting activity was driven by the US with a 43% share of total patent filings
The largest share of cybersecurity related patent filings in the automotive industry in Q2 2023 was in the US with 43%, followed by China (27%) and Germany (6%). The share represented by the US was 0.19% lower than the 43% share it accounted for in Q1 2023.
To further understand GlobalData's analysis on Cybersecurity in Automotive - Thematic Research buy the report here.