Wednesday 8 May 2024

Semiconductor Intellectual Property (IP) Market Size, Share, Industry Trends Report and Top Companies 2029

 

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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