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White Space Analysis
White Space Analysis
Businesses evaluate the technology and competition landscape on a regular basis to comprehend market movements and underlying trends. The major goal is to identify gaps in present technology that can be filled in the future. In other words, locating a white space in the market.
At IPR Researcher, we specialise in identifying and evaluating white space in the patent landscape, which allows firms to be the first to bring a technology to market, giving them a significant competitive edge.
IPR RESEARCHER
What is White Space Analysis?
White-space analysis is an in-depth examination of patents that have already been issued, published, or applied for in a specific field of technology. The goal of this analysis is to identify gaps in the present technological spectrum and then focus on how to fill them. It’s one of the most important methods for strategic innovation, and it usually comes after early patent landscaping.
White-space mapping is used to find white-spaces in a market. It depends on different approaches:
- Internally focused: mapping company’s existing abilities and to discover new opportunities from current competitors.
- Externally focused: assessing if all demands are being addressed within a market by mapping the market, products, or services available.
- Future focused: Using current market trends, strategic foresight is gathered to make assumptions about future trends.
Once a market gap has been identified, a targeted search is conducted to find for patents in databases or other sources of relevant information on the patent you want to file. This is done to see if the area is genuinely a white-space or if it is already densely packed with patents that are comparable.
Benefits of White Space Analysis
- Rather than simply keeping up with competition, innovating toward industry-wide white space stimulates actual innovation. Focusing on these areas before competitors may help you to enter the market first, giving you a competitive advantage that will remain.
- It’s easier to dedicate time, money, and other resources to inventions that fit a gap in the market rather than risk being sued by a competitor after releasing a product or technology.
Why Choose
IPR Researcher
- Experts who are highly skilled and trained to deliver accurate and thorough white space analysis.
- Deep Subject matter experts covering mechanical, chemical, electronics, telecommunication, computer science, IT, Software, Lifesciences and Chemistry.
- Access to 100+ databases, resources and search tools.
- Suggests innovative ideas within the white spaces.
- Summarized results into an easy-to-understand executive level presentations.