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.
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