The Global Semiconductor IP Market is projected to reach a value of over USD 7.9 billion by 2027 at a CAGR of around 4.9%.
The semiconductor intellectual property (IP) core is refers to a reusable unit of logic, cell or an integrated cell layout design which is the intellectual property of one party. Whereas, the IP core are commonly developed in order to able the license to a various vendor as building blocks for various chip designs. However, semiconductor help to enable development and growth in various different industries such as medical devices, IT solutions which permit for broadband connectivity, transportation infrastructure, IoT applications, as well as digital trade.
Hence, it is also being used to enhance the function of Internet of Things (IoT), these will lead to boost the growth of the market in forecast period.
Global Semiconductor IP Market: Key Market Dynamics
- The increasing demand for consumer electronics is witness to boost the growth of the market in the projected period. Whereas, with the growing research and development activities the consumer electronic is becoming smarter and more advance
- One of the major key concern of the semiconductor IP market is the frequently change in technology which may restraining factor for the growth of the market. Whereas, the technologies are keep on upgrading with the new features and advancements mostly in the semiconductor sector.
- Rising growth of Modern System on Chip (SoC) design, as well as the application specific integrated circuit (ASICs) products lead to play a key role for the growth of the market.
- The Change in the technology framework is increase the cost for the IP dealer, which is also a key concern for the market adoption in the forecast period. As well as the ongoing Covid-19 pandemic also create a challenging factor to market growth.
Global Semiconductor IP Market: Regional Overview
- North America:
The North America is witness to be one of the major player for the adoption of advance technologies. Whereas, the region is anticipated to witness significant growth in the global semiconductor IP market during the projected period. Also, with the growing adoption of connected as well as Internet of Thing (IoT) devices is expected to boost the consistent growth of the region semiconductor IP market.
Hence, the increasing connected device as well as the consumer electronic penetrations will lead to improve the growth of the semiconductor IP market in the forecast period.
- Asia-Pacific:
The region is witness to increase significant market growth during the anticipated period. Whereas, the region has large number of manufacturing firms with more than 100 small IP vendor firms as well as IP dealers. Also, the region is one of the largest consumer of the electronic products which makes it’s as a growing region for the semiconductor IP player market. However, in the region the countries such as China, Japan, and India lead to offer some of the major electronics manufacturers in the region. Hence, these may lead to create a continuous growth for semiconductor IP in the Asia-Pacific region.
Global Semiconductor IP Market: Key Players Overview
- Rambus Inc.:
The company is an American technology company, which design, develops and licenses chip interface technology and infrastructures which are being used in digital electronics products. Whereas, the company is a premier Silicon IP as well as chips provider which helps to makes data faster and secure. In 2019, the company has completed its acquisitions with Verimatrix Silicon IP protocols and for provisioning business. Hence, this will help to expand the offerings for data center, AI, networking and automotive.
- Synopsys, Inc.:
The company is an American electronic design automation company, which focuses on silicon design and software security. In 2018 the company collaborated with IBM Corporation for Design Technology Co-Optimization (DTCO) to a new semiconductor process technology for post-FinFET technologies. Whereas this collaboration will lead to extend the Synopsys Design Technology Co-Optimization (DTCO) tool flow to new transistor framework. In 2020 the company has completed its acquisition of certain IP asset from eSilicon, which will lead to expand Synopsys designware embedded memory IP portfolio with the help of TCAMs and multi-port memory compilers.
Other Key Players: Arm Limited, Cadence Design Systems, Inc., Lattice Semiconductor, eMemory Technology Inc., Avery Design Systems, CAST, Inc., Open-Silicon, Inc., Altera.
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