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U.S., S. Korea utilized for 75% of world’s metaverse patents

Illustration Of Virtual World/Metaverse

Firms primarily based within the U.S. and South Korea have filed for greater than 75% of patent functions associated to the metaverse, digital actuality (VR) and augmented actuality (AR) since 2016, in response to Nikkei Asia.

See associated article: Meta’s one-year anniversary: Virtual reality meets tough reality

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U.S.-based firms that had been among the many world’s prime 20 metaverse patent candidates had been answerable for 57% of the 7,760 functions filed since 2016, in response to a joint survey by Nikkei Asia and analysis agency Cyber Inventive Institute.South Korean corporations within the prime 20 record got here second with 19%, Chinese language corporations got here third with 12%, adopted by Japanese corporations at 8%.The survey assessed roughly 20 patent classes in Japan, the U.S., Europe and different markets associated to the metaverse, VR and AR.South Korean multinational LG Electronics utilized for probably the most metaverse patents since 2016, adopted by its native rival, Samsung Electronics.Each Samsung and LG integrated non-fungible token (NFT) buying and selling features into their line of smart TVs earlier this 12 months.U.S.-based tech titans, Meta, Microsoft, Intel and Apple, additionally made the highest 20 metaverse patent candidates record, together with China’s Huawei and Japan’s Sony. 

See associated article: Shanghai sees its metaverse industry growing to US$52 billion in four years

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