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ARTICLE · 10 APRIL 2023

Intellectual Property Considerations In IoT Innovation

The range of technologies incorporated into IoT devices make protecting them a strategic process of balancing technical and business-specific decisions...

United KingdomIntellectual Property

The range of technologies incorporated into IoT devices make protecting them a strategic process of balancing technical and business-specific decisions, which leads us to the question that all IoT-focused businesses should be asking: what are the intellectual property considerations when it comes to IoT innovations?

IoT technology continues to gather pace, with a projected 27 billion IoT devices connected by year 2025. By then, IoT technology is also expected to have a global economic impact hitting several trillions of dollars, with applications spanning healthcare devices, autonomous vehicles, wearable tech, digital twinning, security, and traffic monitoring, to name just a few.

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