IMARC Group, a leading market research company, has recently releases report titled “Semiconductor Intellectual Property (IP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global semiconductor intellectual property (IP) market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the semiconductor intellectual property (IP) market?
The global semiconductor intellectual property (IP) market size reached US$ 5.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
What is semiconductor intellectual property (IP)?
Semiconductor Intellectual Property (IP) refers to the crucial designs, blueprints, and innovative solutions that power the semiconductor industry. These intellectual assets are vital components in the development of cutting-edge integrated circuits (ICs) and microchips. It encompasses a wide range of elements, including processor cores, memory interfaces, and specialized functions like image and audio processing. In essence, it serves as the foundation upon which semiconductor manufacturers build their advanced electronic devices.
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What are the growth prospects and trends in the semiconductor intellectual property (IP) industry?
The global semiconductor IP market is experiencing robust growth driven by the increasing demand for smaller, more powerful, and energy-efficient electronic devices. This surge in demand is particularly evident in the smartphone industry, where consumers expect ever-improving performance and features. Moreover, the rise of IoT (Internet of Things) and the increasing integration of semiconductors into various industries, such as automotive, healthcare, and industrial automation, have accelerated the adoption of semiconductor IP. Additionally, the semiconductor IP market is witnessing a trend toward increased collaboration between IP providers and semiconductor manufacturers. This collaboration aims to streamline the development process, reduce time-to-market, and ensure compatibility with the latest manufacturing technologies. Such partnerships enhance the competitiveness of semiconductor companies by enabling them to focus on their core innovations while leveraging specialized IP. Furthermore, environmental concerns and regulatory pressures are pushing the industry toward eco-friendly practices. In response, semiconductor IP providers are developing IP cores with low power consumption and reduced carbon footprint. On account of these factors, the market is expected to witness positive growth in coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by IP Type:
- Processor IP
- Interface IP
- Memory IP
- Others
Breakup by Revenue Source:
- Royalty
- Licensing
- Services
Breakup by IP Core:
- Soft Cores
- Hard Cores
Breakup by Application:
- IDM Firms
- Foundries
- Fabless Firms
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Achronix Semiconductor Corporation
- ARM Ltd. (SoftBank Group Corp.)
- Cadence Design Systems Inc.
- CEVA Inc.
- eMemory Technology Incorporated
- Fujitsu Limited (Furukawa Group)
- Imagination Technologies Limited (Canyon Bridge Capital Partners, Inc.)
- Lattice Semiconductor Corp.
- Mentor Graphics Corporation (Siemens Aktiengesellschaft)
- Open-Silicon Inc. (SiFive)
- Rambus Inc.
- Synopsys Inc.
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