One interesting aspect of IFI CLAIMS’ most recent annual patent analysis is a list of eight areas of technology that have seen the fastest growing increases in patent applications between 2013 and 2017. To do this, IFI computed the compound annual growth rate (CAGR) of patent applications for all Cooperative Patent Classification (CPC) codes over the course of the study period to see which CPC codes were receiving the greatest number of patent applications. According to IFI’s analysis, the greatest growth in patent applications were for E-cigarettes and other technologies under the CPC code A24F for smokers’ requisites.
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