Market Research Report
Semiconductor Intellectual Property (IP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||967657|
|Published||Content info||139 Pages
Delivery time: 2-3 business days
|Semiconductor Intellectual Property (IP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: October 16, 2020||Content info: 139 Pages||
The global semiconductor intellectual property (IP) market grew at a CAGR of around 7% during 2014-2019. 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 stregthing 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. Looking forward, IMARC Group expects the global semiconductor intellectual property (IP) market to continue its moderate growth during the next five years.
16.3. 4.4 SWOT Analysis
Figure 11 Global: Semiconductor Intellectual Property (Processor IP) Market Forecast: Sales Value (in Million US$), 2020-2025