2. Privacy-enhancing technologies
WEF Emerging Technology 2024
Protecting personal privacy while providing new opportunities for global data sharing and collaboration, “synthetic data” is set to transform how information is handled with powerful applications in health-related research.
Competitive Environment in privacy-enhancing technologies
Companies and universities with conceptually close patents to the technology definition
Countries in technology
(number of active patents in technology in 2024 country by inventor address)
Development of patent publications
(publications per year)
EconSight comment and short analysis
Personal and Data Privacy is a huge topic at the interface of data benefit (using more and better data can help developing better solutions) and personal privacy. This is a particular challenge in health and medical data, but also in many other areas with sensitive personal data. The field is dominated by large IT players, such as IBM, Microsoft or Alphabet, Huawei, SAP or Amazon, mostly because of their huge resources for the high computer demanding solutions, such as homomorphic encryption, but we can see also Health related players, such Philips, Siemens or Roche. Remarkably some unexpected players, such as Capital One and Mastercard have also found the topic highly relevant to position themselves and are rather close to the search concepts used with their FinTech approaches. A significant number of smaller players is also active in the field, often focusing on Health and Patient Data related services and solutions. We see a slightly lower amount of university patents (10% of total patents), which is unusual for an area of such important developments, but this indicates either a rather competitive commercial market environment or a too generic search concept.