What is Market Coverage (MC)?
Market Coverage (MC) is an indicator that reflects the geographic reach of a patent. It is calculated based on the number of countries in which a patent is filed, weighted by the economic size of those countries (e.g. GDP). Finally, counts are normalized by year, country of jurisdiction and main IPC/CPC.
How is Market Coverage interpreted?
| /High/ | /Low/ |
A high MC value reflects a global Furthermore, a high MC value reflects a | A low MC value reflects a local internationalization strategy and a narrow legal market protection. The less countries a patent has been filed for the lower the perceived international market potential for the patented invention. |
High Market Coverage (MC)
A high MC value indicates that a patent is protected across multiple countries, particularly in economically significant markets.
- Reflects a broad international protection strategy
- Indicates wide legal market coverage
- Suggests a higher perceived market potential of the invention, as applicants invest in protection across multiple jurisdictions
Low Market Coverage (MC)
A low MC value indicates that a patent is protected in fewer countries.
- Reflects a more limited or local protection strategy
- Indicates narrow legal market coverage
- Suggests a lower perceived international market potential of the invention
How is Market Coverage used in the platform?
Market Coverage is one of the IPlytics patent valuation indicators and is calculated at the patent family level. When aggregated across patent families, it contributes to the overall characterization of the geographic reach and market orientation of a portfolio in analytical views such as the Indicators tile.
Click here to learn more about indicators in IPlytics.