Xero saw the highest growth of 1.32% in patent filings in May and 1.99% in grants in June in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 1.19% and grants by 0.66%. GlobalData’s DataBook provides a comprehensive analysis of Xero‘s patent filings and grants. Buy the databook here.

Xero has been focused on protecting inventions in United States(US) with eight publications in Q2 2024

The United States(US) Patent Office dominates the patent filings and grants with nearly 32% filings and 40% grants. The United States(US), World Intellectual Property Organization(WIPO), Australia(AU), and European Patent Office(EPO) patent Office are among the top ten patent offices where Xero is filings its patents. Among the top granted patent authorities, Xero has 40% of its grants in United States(US) and 40% in European Patent Office(EPO).

China Investment and OBIC Group could be the strongest competitors for Xero

In terms of grant share, Xero stands in seventh position among its competitors. China Investment and OBIC Group secured the top positions according to recent patent publication data.

Patents related to digitalization and fintech lead Xero's portfolio

Xero has the highest number of patents in digitalization followed by, fintech and machine learning. For digitalization, nearly 21% of patents were filed and 67% of patents were granted in Q2 2024.

Databases related patents lead Xero portfolio followed by data & database management, and artificial intelligence

Xero has highest number of patents in databases followed by data & database management, artificial intelligence, financial service applications, and artificial intelligence platforms. For databases, nearly 13% of patents were filed and 40% of patents were granted in Q2 2024.

For comprehensive analysis of Xero's filings and grants, buy the databook here.

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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.

Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.