The semiconductor
intellectual property (IP) market size
was valued at USD 7.5 billion in 2024 and is projected to reach USD 11.2
billion by 2029; growing at a CAGR of 8.5% from 2024 to 2029. Factors such as
increasing demand for advanced semiconductor components in telecom & data
centers, and automotive sector, and expanding embedded digital signal processor
IP and programmable digital signal processor IP segments create lucrative
opportunities whereas constant technological changes resulting in increased
expenditure, and concerns related to Moore’s law major restraint for the growth
of the semiconductor intellectual property (IP) market.
Royalty segment to
account for the largest market share of the semiconductor intellectual property
(IP) market, by IP source, during the forecast period.
The royalty segment of
the semiconductor intellectual property (IP) market holds the largest market
share and is expected to retain its position by growing at the highest growth
rate during the forecast period from 2024 to 2029. Due to the benefit that the royalty IP source
offers where the manufacturers are free to produce as many products as they
want and pay a royalty for only those products, in today’s scenario of rapid
technological changes. The 5G network rollout by operators has given a boost to
the growth of the royalty segment as many base stations and wireless network
equipment are based on various types of processor and interface IPs.
Consumer electronics
segment accounts for the largest market share of the semiconductor intellectual
property (IP) market, by vertical, during the forecast period.
The consumer electronics
sector holds the largest market share and is expected to retain its position
during the forecast period due to the increasing adoption of modern
system-on-chips (SOC) designs in modern consumer electronic devices such as
smartphones tablets, laptops and others. Technologies such as AI, IoT, machine
learning, virtual reality, and augmented reality, as well as the increasing
penetration of 5G technology are expected to create opportunities for players
operating in the semiconductor intellectual property (IP) market.
The Asia Pacific region
is expected to grow at the highest growth rate during the forecast period.
Asia Pacific is expected
to be the fastest-growing market for semiconductor IPs during the forecast
period. High demand for consumer electronics products, especially smartphones
and laptops, is expected to drive the growth of the semiconductor intellectual
property (IP) market in the region. The presence of several semiconductor
foundries is also expected to increase the implementation of semiconductor IP
design in various applications. The increasing trends of vehicle automation and
mobility are expected to boost the growth of the market for semiconductor IP in
Asia Pacific for the automotive vertical.
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Key Market Players
Arm Limited (UK),
Synopsys, Inc. (US), Cadence Design Systems, Inc. (US), Imagination
Technologies (UK), CEVA, Inc. (US), Lattice Semiconductor (US), Rambus (US),
eMemory Technology Inc. (Taiwan), Silicon Storage Technology, Inc. (US),
VeriSilicon (China), Achronix Semiconductor Corporation (US), ALPHAWAVE SEMI
(UK), Analog Bits (US), ARTERIS, INC (US), Frontgrade Gaisler (Sweden), Dolphin
Design (France, Dream Chip Technologies GmbH (Germany), Eureka Technology, Inc.
(US), among others, are some key players operating in the Semiconductor
Intellectual Property (IP) companies.
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