Overview and Scope
Semiconductor IP refers to a piece of design that is a reusable unit of logic or functionality or a layout of a design that is developed with the idea of licensing it to many vendors for using it as a building block in different chip designs. There is a license fee for its usage or royalty for every device made using that piece of IP. Semiconductor IP helps to provide integrated circuit layout design that is the intellectual property of its creator or party.
Sizing and Forecast
The semiconductor intellectual property market size has grown rapidly in recent years. It will grow from $6.58 billion in 2023 to $7.31 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased complexity of semiconductor designs, demand for faster time-to-market in semiconductor development, growth in consumer electronics and mobile devices, rise in outsourcing of semiconductor design activities, need for cost-effective design solutions.
The semiconductor intellectual property market size is expected to see rapid growth in the next few years. It will grow to $11.11 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to continued growth in the automotive semiconductor, increased demand for custom semiconductor solutions, integration of semiconductor ip in edge computing devices, increasing demand for advanced system-on-chip (soc) designs, decreasing design and manufacturing costs. Major trends in the forecast period include expansion of artificial intelligence and machine learning applications, adoption of 5g technology and iot devices, collaboration and partnerships between ip providers and semiconductor companies, growing focus on ip solutions for quantum computing and neuromorphic chips, rise in the use of risc-v architecture for open-source ip.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/semiconductor-intellectual-property-global-market-report
Segmentation & Regional Insights
The semiconductor intellectual property market covered in this report is segmented –
1) By Design IP: Processor IP, Interface IP, Memory IP, Other Design IPs
2) By IP Core: Soft Core, Hard Core
3) By Revenue Source: Royalty, Licensing
4) By Industry Vertical: Consumer Electronics, Telecom, Automotive, Healthcare, Other Industry Verticals
Asia-Pacific was the largest region in the semiconductor intellectual property (IP) market in 2023. North America was the second-largest market in the global semiconductor intellectual property market share. The regions covered in the semiconductor intellectual property market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5291&type=smp
Major Driver Impacting Market Growth
The growing adoption of connected devices is expected to contribute to the growth of the semiconductor IP market in the forecast period. Physical objects that can communicate with one another and other systems over the internet are referred to as connected devices. Internet of Things (IoT) is generally referred to as connected devices. These are physical objects that connect with other devices through the internet or various ways such as WiFi, NFC, Bluetooth, mobile networks. IoT devices are manufactured using electronics such as semiconductors, microprocessors, and other chips. According to Norton, a US-based antivirus and anti-malware software developing company estimates that in 2021 there are around 11.6 billion IoT devices used, and it will grow to 21 billion IoT devices by 2025. The growing adoption of connected devices or IoT devices will drive the semiconductor IP market.
Key Industry Players
Major companies operating in the semiconductor intellectual property market report are Arm Holdings plc, Synopsys Inc., Cadence Design Systems Inc., Ceva Inc., Imagination Technologies Group plc, eMemory Technology Incorporated, Rambus Inc., Mentor Graphics Corp., Faraday Technology Corp., Lattice Semiconductor Corp., Achronix Semiconductor Corp., Dolphin Integration SA, Open-Silicon Inc., Xilinx Inc., Sonics Inc., Fujitsu Ltd., MediaTek Inc., VeriSilicon Holdings Co. Ltd., Wave computing Inc., Silvaco Inc., Intel Corp., Arm Limited, eMemory Technology Inc., Kilopass Technology Inc., M31 Technology Corporation, Open Five Inc., TransPacket AS, Andes Technology Corporation, Arasan Chip Systems Inc., LTIMindtree Limited
The semiconductor intellectual property market report table of contents includes:
1. Executive Summary
2. Semiconductor Intellectual Property Market Characteristics
3. Semiconductor Intellectual Property Market Trends And Strategies
4. Semiconductor Intellectual Property Market – Macro Economic Scenario
5. Global Semiconductor Intellectual Property Market Size and Growth
.
.
.
31. Global Semiconductor Intellectual Property Market Competitive Benchmarking
32. Global Semiconductor Intellectual Property Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Semiconductor Intellectual Property Market
34. Semiconductor Intellectual Property Market Future Outlook and Potential Analysis
35. Appendix
Top Major Players:
Arm Holdings plc
Ceva Inc
Imagination Technologies Group plc
eMemory Technology Incorporated
Mentor Graphics Corp.
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
