Dublin, Dec. 28, 2022 (GLOBE NEWSWIRE) -- The "Semiconductor Intellectual Property (IP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global semiconductor intellectual property (IP) market size reached US$ 5.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 7.2 Billion by 2027, exhibiting a CAGR of 5.92% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A semiconductor intellectual property (SIP) refers to a reusable unit of a cell, logic or chip layout design. It is usually developed to be leased out to multiple vendors as a foundational component for various chip designs and sophisticated devices.
It is pre-verified and often has a license fee attached to its usage. SIPs are commonly used for processors, peripherals, interconnects and memory drives. They are usually delivered as either soft IP blocks that are independent and can be synthesized according to any fabrication process, or hard IP blocks that are used only for specific implementations.
Significant growth in the electronics industry across the globe is one of the key factors creating a positive outlook for the market. Furthermore, widespread adoption of multicore technology for consumer electronics is strengthening the market growth. Smartphones, laptops and tablets run on dual-core or quad-core processors that require highly-efficient SIPs to provide error-free performance.
In line with this, the rising demand for modern system-on-chip (SOC) designs is also contributing to the growth of the market. Various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and the utilization of graphene transistors, self-organizing molecular devices, carbon nanotubes, are acting as other growth-inducing factors.
These devices can overcome the physical limitations of traditionally used semiconductor technologies and provide an improved service to the user. Other factors, including increasing utilization of SIPs for superior driver interfaces and in-cabin entertainment systems in automobiles, are anticipated to drive the market further.
Report Attribute | Details |
No. of Pages | 148 |
Forecast Period | 2021 - 2027 |
Estimated Market Value (USD) in 2021 | $5.1 Billion |
Forecasted Market Value (USD) by 2027 | $7.2 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global semiconductor intellectual property (IP) market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on IP type, revenue source, IP core, application and end use industry.
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 End Use Industry:
- Consumer Electronics
- Telecom
- Automotive
- Healthcare
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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. and Synopsys Inc.
Key Questions Answered in This Report:
- How has the global semiconductor intellectual property (IP) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global semiconductor intellectual property (IP) market?
- What are the key regional markets?
- What is the breakup of the market based on the IP type?
- What is the breakup of the market based on the revenue source?
- What is the breakup of the market based on the IP core?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global semiconductor intellectual property (IP) market and who are the key players?
- What is the degree of competition in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/nfgx20
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