If you were to search “patent data” on Google today, you will likely be met with an endless list of data vendors and analytics providers, all with their unique product/proposition on patent data. With over two dozen patent data providers on the Neudata platform alone, this area of alternative data may seem a bit overwhelming for investors to navigate, especially for early entrants. In this Intelligence report, we go back to basics – explaining the patent data market as it stands, as well as delving into the key cohorts that are currently appearing within patent data.

Friendly PSA: this is meant as an introductory piece into patent data. If you are an experienced user of patent data, or are passably familiar with this dataset type, then there is a chance that you will not learn anything new here.

THE 30,000-FOOT VIEW

Before jumping into the minutiae, it is important to take a step back and understand what the patent data landscape comprises as of 2021. At Neudata, we summarise it with the below image: