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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