Target saw the highest growth of 199% in patent filings and 136% in grants in November in Q4 2023. Compared to Q3 2023, Q4 2023 saw an increase in patent filings by 82% and grants by 79%. GlobalData’s DataBook provides a comprehensive analysis of Target‘s patent filings and grants. Buy the databook here.

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Target has been focused on protecting inventions in United States(US) with 14 publications in Q4 2023

The United States(US) Patent Office dominates the patent filings and grants with nearly 50% filings and 75% grants. The United States(US), World Intellectual Property Organization(WIPO), European Patent Office(EPO), and China(CN) patent Office are among the top ten patent offices where Target is filings its patents. Among the top granted patent authorities, Target has 75% of its grants in United States(US), 8% in European Patent Office(EPO) and 8% in China(CN).

Amazon could be the strongest competitor for Target

E-commerce related patents lead Target portfolio followed by 3pl/4pl, and it services

Target has highest number of patents in e-commerce followed by 3pl/4pl, it services, online retail, and mobiles, hand-helds, pdas, smartphones. For e-commerce, nearly 24% of patents were filed and 15% of patents were granted in Q4 2023.

For comprehensive analysis of Target's filings and grants, buy the databook here.

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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.

Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.