The retail industry continues to be a hotbed of patent innovation. Activity is driven by the growing importance of technologies such as artificial intelligence, sensors, GPS, and cloud. In the last three years alone, there have been over 59,000 patents filed and granted in the retail industry, according to GlobalData’s report on Internet of Things in retail: autonomous delivery vehicle navigation. Buy the report here.
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilizing and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
50+ innovations will shape the retail industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the retail industry using innovation intensity models built on over 126,000 patents, there are 50+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, in-store theft monitoring and automated self-service kiosks are disruptive technologies that are in the early stages of application and should be tracked closely. Smart checkout, interactive vending kiosks and modular autonomous delivery bots are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are autonomous delivery vehicle navigation and smart PoS systems, which are now well established in the industry.
Innovation S-curve for Internet of Things in the retail industry
Autonomous delivery vehicle navigation is a key innovation area in Internet of Things
Autonomous delivery vehicle navigation involves the deployment of self-driving vehicles for the autonomous transportation of goods or packages to specified destinations, eliminating the need for human intervention. These vehicles are equipped with advanced navigation systems that enable them to navigate roads and traffic with safety and efficiency, ultimately reaching their destinations. The navigation system relies on various technologies, including GPS, sensors, and mapping software, to meticulously plan and execute the delivery route.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 75+ companies, spanning technology vendors, established retail companies, and up-and-coming start-ups engaged in the development and application of autonomous delivery vehicle navigation.
Key players in autonomous delivery vehicle navigation – a disruptive innovation in the retail industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to autonomous delivery vehicle navigation
Source: GlobalData Patent Analytics
American robotics company Nuro is one of the leading patent filers in autonomous delivery vehicle navigation. In 2022, Nuro signed a decade-long agreement with Uber Eats, heralding the deployment of Nuro's R2 autonomous delivery vehicles in California and Texas. Nuro's R2 autonomous vehicle is an all-electric delivery solution equipped with a navigation system, boasting a maximum speed of 45 MPH and a capacity to transport up to 500lbs of cargo. Some other key patent filers in the space include Gogoro, Cox Enterprises, Toyota Motor, and Didi Global.
In terms of application diversity, Subaru leads the pack, while Uber Technologies and Here stood in the second and third positions, respectively.
By geographic reach, Fujitsu holds the top position, followed by Omron and International Business Machines.
A major advantage of autonomous delivery vehicle navigation is that it optimizes routes and boosts operational efficiency, while minimizing accident risks through real-time data and sensor-driven adaptability. This innovation is a cornerstone of last-mile logistics transformation, enriching delivery experiences and influencing urban planning by curbing congestion. It plays a pivotal role in resource optimization, road safety enhancement, and data-powered decision-making, thus shaping a cohesive, eco-conscious future for delivery networks.
To further understand the key themes and technologies disrupting the retail industry, access GlobalData’s latest thematic research report on Internet of Things (IoT) in Retail and Apparel.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.