The Semiconductor Intellectual Property by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Semiconductor Intellectual Property, 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.
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.
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The semiconductor intellectual property market covered in this report is segmented –
1) Semiconductor Intellectual Property Market By Design IP: Processor IP, Interface IP, Memory IP, Other Design IPs
2) Semiconductor Intellectual Property Market By IP Core: Soft Core, Hard Core
3) Semiconductor Intellectual Property Market By Revenue Source: Royalty, Licensing
4) Semiconductor Intellectual Property Market By Industry Vertical: Consumer Electronics, Telecom, Automotive, Healthcare, Other Industry Verticals
Top Major Players
Imagination Technologies Group plc
New technology launches are a key trend gaining popularity in the semiconductor IP market. Key players in the market are focusing on new technological innovations to maintain a comparative advantage over competitors in the industry. For example, in March 2021, Synopsys, Inc. a US-based semiconductor intellectual property developer launched industry’s first complete IP solution for the PCI Express® (PCIe®) 6.0 technology that includes controller, PHY and verification IP, enabling early development of PCIe 6.0 system-on-chip (SoC) designs. The new DesignWare IP for PCIe 6.0, based on Synopsys’ widely deployed and silicon-proven DesignWare® IP for PCIe 5.0, covers the latest features in the standard specification, including 64 GT/s PAM-4 signalling, FLIT mode, and L0p power state. Synopsys’ comprehensive IP solution solves the changing latency, bandwidth, and power-efficiency needs of high-performance computing, artificial intelligence, and storage SoCs.
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
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