The global tourism industry experienced a 56% decline in the number of artificial intelligence-related patent applications in Q1 2023 compared with the previous quarter. The total number of artificial intelligence-related grants dropped by 42% in Q1 2023, according to GlobalData’s Patent Analytics. The growing application of Artificial Intelligence will prove to have a transformative impact across multiple sectors. GlobalData’s Artificial Intelligence (AI) Market report helps keep abreast of the latest trends in Artificial Intelligence, market opportunity forecast and the competitive landscape. Buy the report here.
Notably, the number of artificial intelligence-related patent applications in the tourism industry was 27 in Q1 2023, versus 61 in the prior quarter.
The top five companies accounted for 41% of patenting activity
Analysis of patenting activity by companies shows that Nanjing University filed the most artificial intelligence patents within the tourism industry in Q1 2023. The company filed 3 artificial intelligence-related patents in the quarter. It was followed by Alphabet with 3 artificial intelligence patent filings, Inspirato (2 filings), and Bear Robotics (2 filings) in Q1 2023.
Patenting activity was driven by China with a 37% share of total patent filings
The largest share of artificial intelligence related patent filings in the tourism industry in Q1 2023 was in China with 37%, followed by South Korea (26%) and Japan (15%). The share represented by China was 2% lower than the 39% share it accounted for in Q4 2022.
To further understand GlobalData's analysis on Artificial Intelligence (AI) Market Size, Share, Trends Analysis, and Segment Forecast 2021-2026 buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
