Patent Landscape analysis is generally done to comprehend one or of the following:
To develop a new product in a particular area;
- To help companies evolve and build their business strategies
- To help identify their competitors;
- To help companies determine which particular area does not contain a lot of patents;
- To help minimize risk and identify areas for future growth.
Patent landscape report, through its data, allows decisions to be made based on evidence, informed choice, and identify areas for future growth. The most significant benefit you derive from a patent landscape analysis includes a deep insight into the technology, product, and competition in the territorial area.
How will it be useful?
•What all is being patented by whom in a given domain?
•What is the Current technology focus and trends?
•Provide a snapshot of the patent status of a specific technology, either within a given country or region or globally