Portland, OR May 22, 2024 –

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, released its First Quarter 2024 Patent Transaction Market Report (PTMR) this morning. The report includes the Patent Market Index (PMI®) and the Patent Licensing Index (PLI®).

The first quarter PMI®️ grew 7.3% year on year but was down 2.2% for the quarter. Michael Lubitz, Managing Director & Founder of GTT Group commented: “We are seeing technical corrections resulting from data lags and first quarter lulls associated with the new year. This is trending we have seen since releasing the PMI over three decades ago. We are seeing demand in several narrow areas and transfers favoring jurisdictional diversity.”

The PMI or Patent Market Index finished the quarter at 101.9. The PLI or Patent Licensing Index increased by 2.5% in the first quarter. The PLI is up 13.9% for the year.

Obtain a complete copy of the report through a complimentary subscription to the PTMR. www.gttgrp.com/pmtr. GTT Group makes this information available as a courtesy to the community.

Request Your Copy of the PTMR.

About the PTMR

For more than a decade, GTT Group’s Patent Transaction Market Report has provided subscribers with key data on the health of the patent marketplace. Within the PTMR, you will find the industry’s benchmark indexes and in-depth forecasting that are essential in understanding the current market and strategizing for the future. The quarterly report includes a detailed breakdown of the PMI® (Patent Market Index), showcasing the market’s overall health and trends. The report highlights notable transactions, including applicable technical areas and the most active buyers and sellers. The report compares the ROI for publicly traded licensing companies in aggregate vs. the S&P 500 via the PLI® (Patent Licensing Index). The quarterly report also provides insight regarding recent filing trends in emerging and disruptive technology areas

About the PMI® and PLI®

The Patent Market Index (PMI®) tracks patent transaction activity and is reported quarterly in the Patent Transaction Market Report (PTMR). The Patent Licensing Index (PLI®) tracks publicly traded patent licensing companies and is also reported quarterly in the PTMR.

About Global Technology Transfer Group, Inc.

Global Technology Transfer Group, Inc. (www.gttgrp.com) is the market leader and pioneer in patent analysis, patent transaction divestiture & acquisition. GTT Group is the forerunner in patent equity venture capital investing via its affiliated venture capital fund, Ideaship (www.ideashipfund.com). GTT Group’s patent asset house leverages core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company’s corporate headquarters are in Portland, Oregon.

Contact about this news:

Lauren Winkle
Email: lwinkle@gttgrp.com