The World Intellectual Property Organisation (WIPO) recently released the World Intellectual Property Indicators 2022.
The World Intellectual Property Indicators (WIPI) is an authoritative report that provides an overview of activities in areas of patents, utility models, trademarks, industrial designs, Microorganisms, plant variety protection, and creative economy. It is released every year by WIPO. The WIPI 2022 compiled the data from around 150 national and regional intellectual property offices across the globe.
In 2021, around 3.4 million patent applications were filed across the world. This is a 3.6 per cent increase from the previous year.
The top two countries with highest number of patent filings are India and China.