This information guides strategic decisions, allowing companies to take advantage of their positions in the market. 2. Identify Technology Trends: Examining patent portfolios over time will reveal patterns and trends india mobile number list within a particular industry. These trends represent the path of technological advancement, helping businesses stay ahead of the curve and adjust their strategies accordingly.

For example, finding a surge in patents related to renewable energy can indicate a shift toward sustainable technologies. 3. Inform R&D: Analyzing patent portfolios can guide R&D efforts. By identifying gaps or unexplored areas within a field, innovators can focus their efforts on creating inventions that address unmet needs, potentially leading to breakthrough discoveries.