The market for Semiconductor IP
market is estimated to grow at a significant rate during the forecast period 2018
to 2023. According
to MRFR analysis, global semiconductor intellectual property (IP) market was
valued at USD 856.88 million in 2017 and is estimated to reach market value of
USD 2-3 billion by 2023 growing with 14% CAGR during forecast period 2018-2023.
The Semiconductor IP market is showing significant growth over the next few years due to the rapid
growth of the semiconductor industry. Advances in sensing technology are also
shaping the growth of the consumer electronics industry. The design of the
semiconductor IP core requires a low investment as it requires low-cost tools
that reduce capital requirements to a moderate level. However, the technical
complexity of semiconductor memory IP is high because the design of
semiconductor memory IP is complex and requires high technical expertise.
The increasing adoption of
smartphones, laptops, and personal computers owing to an increase in per capita
disposable income and the adoption of IoT technologies to increase connectivity
is fueling market growth in the region
Key market players such as SK Hynix Inc. and Samsung Electronics Co., Ltd are investing
heavily in research and development to maintain their position in the market.
The region is a major hub for semiconductor and electronic manufacturing
industries which further helps drive market growth.
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Top
Competitors:
Micron Technology Inc., Samsung, SK Hynix Inc., Synopsys, Inc., Rambus
Inc., Cadence Design Systems, Inc., Arm Limited, Dolphin Integration, eSilicon
Corporation, and Mentor, Lattice Semiconductor, Sonics, Inc., Achronix
Semiconductor, Xilinx, and Semiconductor Manufacturing International Corp.
(SMIC) among others are some of the key players in semiconductor intellectual
property (IP) market.
Segmentation:
·
By type, the market is segmented into
processor IP, interface IP, and memory IP. Processor IP is further classified
into microprocessors, microcontrollers, and digital signal processors.
·
By application, the market is classified into
consumer electronic devices, mobile computing devices, networking, automotive,
and industrial automation, among others.
·
By region, the market is segmented into
North America, Europe, Asia-Pacific, and Rest of the world.
Regional Insights:
Currently, Asia-Pacific is leading
the semiconductor intellectual property (IP) market. Asia-Pacific is the
manufacturing hub of semiconductor component and devices. China, South Korea,
India and Japan are the leading market for semiconductor manufacturing.
North America is the second
dominating region in Semiconductor Intellectual Property (IP) market. North
America is an established region in terms of advanced infrastructure and is
widely known as an early adopter of new technologies. Europe is also
projected to show significant growth in the coming future. Europe has an
immense growth potential in the semiconductor IP market owing to the increasing
investments for semiconductor production in countries such as the UK, Germany,
and France.
Key Questions Answered In This Report:
·
What is the growth scope of the semiconductor
IP market?
·
Who are key players of the semiconductor IP
market?
·
What is the historic value of semiconductor IP
market?
·
What are the semiconductor IP market drivers?
· What is the regional analysis of the semiconductor IP market?
Intended
Audience:
·
Semiconductor components manufacturers
·
OEMs
·
IP customers
·
Government
·
Research Institutes
·
Consultants/advisory firms
·
Value-Added Resellers (VARs)
· Strategic business partners
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