2024 Rankings Showcase Acceleration of R&D Pursuits: Waste Mitigation Inventions Flourished Last Year. Creating Non-Traditional Protein and Manipulating RNA Viruses Also Appear on the Top 10 Fastest Growing Technologies, According to Annual Patent Study by IFI CLAIMS
IFI CLAIMS rankings
NEW HAVEN, Conn., Jan. 14, 2025 (GLOBE NEWSWIRE) — After four years of decline, U.S. patent grants headed upward, rising 3.8 percent from calendar year 2023 to 324,043 and Samsung retained the top spot for the third year in a row, according to IFI CLAIMS Patent Services, the world’s most trusted patent data source.
IFI CLAIMS Patent Services is a Digital Science company that compiles and tracks data from the U.S. Patent and Trademark Office (USPTO) and other patent-issuing agencies around the globe. IFI translates its world-leading data into an annual U.S. Top 50 and Top 10 Fastest Growing Technologies patent ranking, providing valuable insights into companies’ R&D activity.
In addition to grants being up, U.S. patent applications were at an all-time high, up 3 percent from 418,111 in 2023 to 430,625 in 2024, an indicator the overall U.S. innovation economy is stronger than ever.
This year, contract chip maker TSMC stepped into second place, ahead of Qualcomm, which moved down to third—according to IFI’s 2024 U.S. Top 50 Ranking. Apple and Huawei rounded out the top five, all ahead of IBM, which slipped to eighth place. IBM previously held the top spot for 29 consecutive years, but the company adopted a more selective patenting strategy and was unseated by Samsung two years ago.
“It’s good to see patent grants heading in the right direction again,” said Ronald Kratz, CEO of IFI CLAIMS Patent Services. “Grants had been sinking since the start of the pandemic, likely because of the backlog of unexamined patents piling up. The USPTO has been hiring more examiners to deal with the accumulation, so it looks like that’s having a positive effect.” The USPTO backlog grew to 813,000 unexamined applications in 2024, up from 750,000 in 2023. Before COVID, the buildup was 540,000.
Summing Up the U.S. Top 50 Rankings
Samsung stayed on top and managed to grow its patent count year over year, from 6,165 in 2023 to 6,377 in 2024, a rise of 3 percent. In fact, of all patents granted in the U.S. last year, Samsung took nearly 2 percent of the pie. TSMC climbed a rung in the ranking, bringing in 3,989 patents compared to 3,687 in 2023, an improvement of 8 percent. Qualcomm, last year’s previous second place finisher, slipped a notch this year with an 11 percent decline in grants from 3,854 to 3,422. Apple scaled three places, landing in fourth this year. Google also climbed three spots to tenth place. Meanwhile, the much-followed patent stalwart IBM ticked down another four spots in 2024 but remains in the top 10.
