Semiconductor IP Market Trends

  • Report ID: 4206
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Semiconductor IP Market Trends

Growth Drivers

  • Rising Trend of Heath Wearables Demand for smart wearable devices and bands with health tracking features is increasing as people are becoming more cautious about their health and semiconductor IP is used in the manufacturing of such devices
  • Increasing Use of Laptops and Tablets Remote working policies have increased the adoption of IT devices such as laptops and tablets. Consumer electronics such as smartphones, tablets, and memory along with processor products use integrated circuits (ICs) and system-on-chips systems (SoCs) which in turn is expected to foster market growth during the analysis period. According to an estimate, about 5 billion people around the world have access to the internet every day, and about 65% use laptops to do so. Furthermore, by the end of 2025, global laptop shipments are projected to reach 270 million units.
  • Rising Government Support and Investments – Escalating investment and support by government authorities of several countries in electronic and electrical product manufacturing is expected to boost the market growth during the predicted period. According to data by the India Brand Equity Foundation, the Indian Government aimed to raise investments of around USD 2.4 billion in the electronics manufacturing sector during 2021-22.

Challenges

  • Risk of IT Theft & Static Randon Access Memory Often Fails to Offer Smooth Functionality – IP counterfeiting along with the development of counterfeit components is considered to be the global semiconductor IP market. Also, static random-access memory is vulnerable to IP threats and frequently fails to provide full functionality which is again projected to hinder the expansion of market size.
  • Constant Changes in the Technology
  • Adoption of Advance Technology Results in Increased Design Cost

Semiconductor IP Market: Key Insights

Base Year

2023

Forecast Year

2023 – 2036

CAGR

8%

Base Year Market Size (2023)

USD 7 billion

Forecast Year Market Size (2036)

USD 110 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 4206
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing use of laptops and tablets and the growing trend of health wearables are some of the major factors anticipated to drive the growth of the semiconductor IP market.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Cadence Design System Inc., Imagination Technologies Limited, CEVA, Inc., Lattice Semiconductor Corporation, eMemory Technologies Inc., Rambus Inc., and others.

The processor IP segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying