Industry Description
Establishments primarily engaged in owning or leasing franchises, patents, and copyrights which they in turn license others to use.
Business Examples
Common types of business activities within US SIC 6794 - Patent Owners and Lessors are:
- Copyright buying and licensing
- Franchises, selling or licensing
- Music licensing to radio stations
- Music royalties, sheet and record
- Patent buying and licensing
- Patent leasing
- Performance rights, publishing and licensing of
IBISWorld Industry Research Report
Intellectual Property Licensing in the US (53311)
Revenue 2025
$69.9bn
Growth 2025
1.81%
Key Trends
Since advertising influences discretionary consumer spending, demand for premium brands has increased with rising per capita disposable income
Relatively strong advertising expenditure helps drive licensing for various media
Operators will experience an uptick in demand as branded products grow more popular
Products and Services
US-SIC Hierarchy 6794 - Patent Owners and Lessors
US-SIC Code 6794 - Patent Owners and Lessors sits in the 2-digit Patent Owners and Lessors sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: H
Division Title: Finance, Insurance, and Real Estate
2 Digits 3 Digits 4 Digits
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601 Central Reserve Depository Institutions
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602 Commercial Banks
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603 Savings Institutions
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606 Credit Unions
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608 Foreign Banking and Branches and Agencies Of
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609 Functions Related To Depository Banking
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611 Federal and Federally-sponsored Credit Agencies
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614 Personal Credit Institutions
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615 Business Credit Institutions
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616 Mortgage Bankers and Brokers
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621 Security Brokers, Dealers, and Flotation
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622 Commodity Contracts Brokers and Dealers
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623 Security and Commodity Exchanges
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628 Services Allied With the Exchange of Securities
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631 Life Insurance
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632 Accident and Health Insurance and Medical
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633 Fire, Marine, and Casualty Insurance
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635 Surety Insurance
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636 Title Insurance
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637 Pension, Health, and Welfare Funds
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639 Insurance Carriers, Not Elsewhere Classified
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651 Real Estate Operators (except Developers) and Lessors
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653 Real Estate Agents and Managers
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654 Title Abstract Offices
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655 Land Subdividers and Developers
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671 Holding Offices
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672 Investment Offices
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673 Trusts
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679 Miscellaneous Investing
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Extended US-SIC Hierarchy for 6794 - Patent Owners and Lessors
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 6794 - Patent Owners and Lessors. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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679401 Franchising
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679402 Copywriters
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679498 Patent owners & lessors
8 Digit SIC Codes
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67940000 Patent owners and lessors
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67940100 Music licensing and royalties
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67940101 Music licensing to radio stations
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67940102 Music royalties, sheet and record
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67940103 Performance rights, publishing and licensing
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67949900 Patent owners and lessors, nec
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67949901 Copyright buying and licensing
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67949902 Franchises, selling or licensing
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67949903 Patent buying, licensing, leasing
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US SIC Code Directory
Each US SIC Code is part of a Division, which corresponds with a numerical range. Select a Division category from the table below, then drill down to discover the industries within that Division.
