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Back to Basics: Patent Data

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:

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