GTT Group, Inc. Releases First Quarter 2019 Review & Market Outlook Including the Q1 2019 Patent Market Index (PMI®)
PORTLAND, Ore., April 30, 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 First Quarter 2019 Patent Transaction Market Report including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.
The PMI rose to 104.46 during the first quarter of 2019, a 10.7% increase over fourth quarter 2018 results and constitutes two quarters of upward trend. With the first quarter index, the PMI is also over 100 for the first time since Q2 2016. The PLI increased by 41.1% during the first quarter of 2019. For the same time period the S&P 500 increased in Q1 2019 by 11.95%. Even with the increase, the PLI continues to underperform the S&P 500 over the last 12 month period.
Monitored secondary patent assignment volume rose to 1,908, a 7.6% increase over fourth quarter 2018 results and the highest volume since Q1 2018. This increase tracks with the historical seasonal trend in patent activity.
"Market volatility as a function of the PMI will remain low over the next several quarters," according to Michael Lubitz, Founder and Managing Director of GTT Group. "We expect slow and steady growth in the PMI. Smaller strategic transactions will continue to drive the majority of PMI growth."
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.
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 combines core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company's corporate headquarters are in Portland, Oregon.
SOURCE Global Technology Transfer Group, Inc.
