NAICS Code 541199-04 - Patent Searchers

Marketing Level - NAICS 8-Digit

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NAICS CODE 541199-04
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NAICS Code 541199-04 Description (8-Digit)

Patent Searchers is a subdivision of the All Other Legal Services industry under NAICS Code 541199. This industry involves conducting research and analysis of patents to determine their validity and infringement. Patent Searchers work with inventors, businesses, and law firms to provide comprehensive patent searches and analysis. They use various tools and techniques to conduct their research and provide detailed reports to their clients.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541199 page

Tools

Tools commonly used in the Patent Searchers industry for day-to-day tasks and operations.

  • Patent databases such as USPTO, Espacenet, and WIPO
  • Patent analysis software like PatentWizard and PatentOptimizer
  • Citation analysis tools such as PatSeer and Patent iNSIGHT Pro
  • Patent classification tools like PatentCrawler and PatentHunter
  • Legal research databases such as LexisNexis and Westlaw
  • Data visualization tools like Tableau and Power BI
  • Project management tools such as Trello and Asana
  • Communication tools like Slack and Zoom
  • Microsoft Office Suite, particularly Excel and Word
  • Google Suite, particularly Google Docs and Google Sheets

Industry Examples of Patent Searchers

Common products and services typical of NAICS Code 541199-04, illustrating the main business activities and contributions to the market.

  • Patent law firms
  • Intellectual property consulting firms
  • Research and development departments of corporations
  • Government agencies involved in patent regulation and enforcement
  • Patent brokers and licensing firms
  • Inventors and entrepreneurs seeking to patent their inventions
  • Venture capital firms investing in patent portfolios
  • Technology transfer offices at universities and research institutions
  • Patent litigation support services
  • Patent valuation and appraisal services

History

A concise historical narrative of NAICS Code 541199-04 covering global milestones and recent developments within the United States.

  • The Patent Searchers industry has a long history dating back to the 19th century when the first patent laws were established in Europe and the United States. The industry has since grown to become an essential part of the legal services sector, providing clients with patent search and analysis services. In recent years, the industry has seen notable advancements in technology, with the introduction of artificial intelligence and machine learning algorithms that have improved the accuracy and efficiency of patent searches. In the United States, the industry has also been impacted by changes in patent laws, such as the America Invents Act of 2011, which shifted the U.S. patent system from a "first-to-invent" to a "first-inventor-to-file" system. These changes have led to an increase in demand for patent search services, as companies seek to protect their intellectual property rights in a more competitive environment.