PORTLAND, Ore., Oct. 28, 2019 /PRNewswire-PRWeb/ — Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the Third Quarter 2019 Patent Transaction Market Report (PTMR) including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.

The PMI declined by 2.6% to 107.9 to finish the third quarter of 2019. Monitored secondary patent assignment transaction volume similarly decreased to 1,949, a 2.2% decline over second quarter 2019 results. Despite the PMI and secondary transaction volume declines, the quarter ending numbers represent the highest activity range over the last 3 years. “We expect the PMI and secondary transaction volume to remain in the present activity range over the next two quarters,” remarked Michael Lubitz, Founder and Managing Director of GTT Group.

“GTT Group monitors patent filing trends in key areas of technology development and commercialization, including Mixed Reality, Autonomous Vehicles, IoT, Blockchain, and Machine Learning / Artificial Intelligence. Patent filing momentum continues and asset value holders continue to be highly fragmented. GTT Group is observing significant new patent value creation within the start-up or venture segment,” commented Michael Lubitz, Founder and Managing Director of GTT Group.

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service through subscription. GTT Group makes this information available as a courtesy to the community.

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About the PMI® and PLI®
The Patent Market Index (PMI®) tracks patent transaction activity and patent marketplace trends, and is reported quarterly in the Patent Transaction Market Report (PTMR). The Patent Licensing Index (PLI®) tracks activity among publicly traded patent licensing companies to provide comparative performance indicators, and is also reported quarterly in the PTMR.

About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory & consultancy firm. GTT Group also provides patent development capital in exchange for equity to pioneering new ventures. GTT Group combines core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company’s corporate headquarters are in Portland, Oregon.

SOURCE GTT Group