17th December,
2018- Semiconductor
IP Market is subject to witness a substantial growth due to the
rising demand for high-end technology to improve various business processes and
organizational productivity. Deployment of multi-core technology along with
design complexity in semiconductor ICs and System on Chip (SoC) are predicted
to stimulate market demand for semiconductor IPs over the forecast period.
Increase in outsourcing activities involving the complex IP
design and development that are not related to product differentiation is
expected to favor market growth in the upcoming years. Globally, the market is
predicted to generate massive revenue over next seven years, providing numerous
opportunities for market players to invest for research and development in the
semiconductor IP market.
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Increase in the number of
third party IP vendors coupled with rise in the amount of IP blockage licensing
by market players are positively impacting market growth, in the recent years.
Increasing demand for semiconductor IP cores from different vertical like networking
topologies, telecommunication industry and consumer electronics is estimated to
expand overall market reach. Semiconductor IP helps in saving design time and
expenditure, thus increasing overall organizational productivity and
profitability.
The market is broadly
categorized into five major segments based on the product type such as
verification IP, ASIC, memory IP, interface IP, and processor IP. The processor
IP is considered as one of the fastest growing segment in the market with
substantial revenue generation in the last few years. Growing popularity of the
processor IP segment is attributed to the increasing adoption of
microprocessor, microcontroller, digital signal processor, and graphics
processing unit in electrical & electronic, and automotive sector.
Asia-Pacific region is
predicted to hold major market share in the semiconductor IP market with
massive growth in forecast period. Countries such as India, China and Japan are
leading the Asia-Pacific market with presence of semiconductor intellectual property
service providers, easy availability of skilled labor force, and significant
investment by leading industry players considering potential growth
opportunities in the region. The key players in the semiconductor IP market are
Silicon Image, Inc., Rambus, Inc., Mentor Graphics Co., Imagination
Technologies Group plc, CEVA Logistics Ltd., CAST, Inc., Cadence Design
Systems, Inc., Atmel Co., Arm Holdings AG, Synopsy, Inc., and Altera Co.
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Market Segment:
The market is divided
into the following segments based on geography:
• APAC
• Europe
• North America
Global Semiconductor IP Market 2018-2022, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in
this market.
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