Semiconductor Intellectual Property Market Segmentation:
Design IP
The processor IP is forecast to hold a dominating share of the global semiconductor intellectual property market throughout the projected period. The high demand for specialized and customized solutions across industries is creating strong incentivized opportunities for SIP companies to license existing IP rather than developing processors from scratch. Processors are vital central units of devices that control and manage their operations. The rapid digitalization and adoption of advanced technologies are set to augment the adoption of advanced processor IPs. The global spending on digital transformation reached USD 1.85 trillion in 2022 and the rising advancements in digital technologies are anticipated to uplift their adoption rates in the coming years rapidly. The World Bank report reveals that an estimated 64.9% of large enterprises adopted digital solutions in 2022.
Industry
In semiconductor intellectual property market, consumer electronics segment is set to dominate revenue share of over 32.9% by 2035. As semiconductors are the life of electronic products, the rise in the sales of consumer electronic products is set to directly augment the demand for semiconductor chips and wafers. To meet the evolving demands, companies continuously focus on advancing the capabilities of their semiconductor chips, which drives up the IP licensing needs. The report by the Observatory of Economic Complexity reveals that Germany, Spain, Belgium, the Netherlands, and Italy were some of the top consumer electronics export markets in 2023.
Our in-depth analysis of the global semiconductor intellectual property market includes the following segments:
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