NEW
YORK, June 18, 2024 /PRNewswire/ -- The global
semiconductor IP market size is estimated to grow by
USD 2.71 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 7.47% during the forecast period. Complex chip
designs and use of multi-core technologies is driving market
growth, with a trend towards emergence of nanophotonic ICs.
However, reuse of semiconductor IP poses a challenge.
Key market players include Achronix Semiconductor Corp., Advanced
Micro Devices Inc., Alphawave IP Group plc, Arm Ltd., Arteric Inc.,
Cadence Design Systems Inc., CAST Inc., CEVA Inc., Dolphin Design
SAS, Dream Chip Technologies GmbH, eMemory Technology Inc., Faraday
Technology Corp., Imagination Technologies Ltd., Lattice
Semiconductor Corp., Perceptia Devices Australia, Rambus Inc.,
Siemens AG, Synopsys Inc., VeriSilicon Microelectronics Shanghai
Co. Ltd., and videantis GmbH.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Fabless
semiconductor companies, IDMs, and Foundries), Application (Mobile
computing devices, Consumer electronics, Automotive, Industrial
automation, and Others), Form Factor (Processor IP, Physical IP,
and Digital IP), and Geography (North America, APAC, Europe, South
America, and Middle East and Africa)
|
Region
Covered
|
North America, APAC,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Achronix Semiconductor
Corp., Advanced Micro Devices Inc., Alphawave IP Group plc, Arm
Ltd., Arteric Inc., Cadence Design Systems Inc., CAST Inc., CEVA
Inc., Dolphin Design SAS, Dream Chip Technologies GmbH, eMemory
Technology Inc., Faraday Technology Corp., Imagination Technologies
Ltd., Lattice Semiconductor Corp., Perceptia Devices Australia,
Rambus Inc., Siemens AG, Synopsys Inc., VeriSilicon
Microelectronics Shanghai Co. Ltd., and videantis GmbH
|
Key Market Trends Fueling Growth
The semiconductor IP market is experiencing growth due to the
integration of nanophotonic structures in electronic devices. These
structures enable the development of miniaturized semiconductor
devices with higher integration densities, high-density
optoelectronic ICs for optical fiber communication, and flexible
electronics circuits. IBM is a leading vendor in this space, having
developed low-cost, commercially available electronic-photonic ICs.
The adoption of nanophotonic technology for transistor development,
such as carbon nanotube transistors, is increasing design
complexity and driving innovation in memory chip layout design. The
global nanophotonic IC market is expected to reach USD79.42 million by 2021, growing at a CAGR of
14.51%.
The Semiconductor Intellectual Property (IP) market is
experiencing significant growth due to the increasing demand for
advanced technologies. Chip companies require efficient and
effective IP cores for their designs. Memory IP, such as SRAM and
ROM, is a major segment in this market. Processors, connectivity
IP, and interface IP are also key areas of focus. The trend towards
miniaturization and higher performance is driving the need for new
and innovative IP solutions. Companies like Intellectual Property
(IP) providers offer a wide range of IP cores for various
applications. These IP cores are essential for the design and
development of modern electronic systems. The IP market is
competitive, with many players vying for market share. However,
those who can provide high-quality, reliable, and cost-effective IP
solutions will thrive in this market.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The semiconductor industry faces significant challenges with
third-party IP usage, leading to extensive IP reuse over the past
15 years. Companies often lack proper methods to manage and track
IP cores, including crucial RTL data and licensing metadata. This
oversight can result in unintentional IP reuse, causing financial
penalties and legal issues. Few companies prioritize IP block
management, leaving many vulnerable to IP violations. Instances of
unintentional IP reuse include new design teams mistakenly using
third-party IP and engineers unaware of IP agreement terms. Annual
IP reuse increases financial liability for companies at risk of IP
violations. Proper IP management is essential to mitigate these
challenges and ensure the semiconductor IP market's growth.
- The semiconductor IP market faces several challenges in today's
technology landscape. Intellectual property (IP) providers must
keep up with the rapid advancements in technology, such as the
increasing complexity of designs and the need for smaller, more
power-efficient chips. Technologies like FinFET and 7nm processes
require new and innovative IP solutions. Additionally, the growing
importance of security and reliability in semiconductor designs
presents a challenge for IP providers. Cost and time-to-market
pressures also loom large, making it essential for IP providers to
offer flexible licensing models and efficient design integration.
Competition from both established players and new entrants adds to
the complexity of the market. Overall, the semiconductor IP market
requires providers to be agile, innovative, and responsive to meet
the evolving needs of the industry.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This semiconductor ip market report extensively covers market
segmentation by
- End-user
- 1.1 Fabless semiconductor companies
- 1.2 IDMs
- 1.3 Foundries
- Application
- 2.1 Mobile computing devices
- 2.2 Consumer electronics
- 2.3 Automotive
- 2.4 Industrial automation
- 2.5 Others
- Form Factor
- 3.1 Processor IP
- 3.2 Physical IP
- 3.3 Digital IP
- Geography
- 4.1 North America
- 4.2 APAC
- 4.3 Europe
- 4.4 South America
- 4.5 Middle East and
Africa
1.1 Fabless semiconductor companies- In the
semiconductor industry, fabless companies opt for third-party IP
licenses to minimize manufacturing overheads and reduce design
time. This approach saves fabless companies an average of
USD90-190 million and cuts down
designing time by half, compared to in-house processor development.
Notable companies, including Actions Semiconductor, Allwinner
Technology, Marvell, AMD, Broadcom, MediaTek, Microchip, Rambus,
Qualcomm, Xilinx, and Realtek, have adopted this strategy to meet
OEM requirements and bring semiconductor devices to market more
efficiently. The use of third-party IPs is projected to continue
growing in the forecast period.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The Semiconductor IP market plays a crucial role in system
design, enabling the creation of various electronic devices in
sectors such as telecommunications, automotive, consumer
electronics, industrial devices, and emerging technologies. Chip
design processes involve significant development expenses, making
IP cores an essential component for operational efficiency and
cost-effectiveness. SoC designs incorporate processors, memory
modules, analog circuits, and interface modules from IP providers.
Collaboration between semiconductor manufacturers and IP providers
is essential for innovation, product launches, and time-to-market
advantages. Design efficiency, chip reliability, and performance
are key considerations in the selection of IP cores. Intellectual
property protection is essential to prevent patent infringement and
maintain a competitive edge in research and development. Market
expansion in various sectors drives the demand for semiconductor IP
solutions.
Market Research Overview
The Semiconductor Intellectual Property (IP) market refers to
the buying and selling of pre-designed and tested semiconductor IP
cores and blocks. These IP cores and blocks include digital signal
processing (DSP) cores, memory interfaces, and processor cores,
among others. The semiconductor IP market caters to various
industries such as automotive, consumer electronics, industrial,
and telecommunications. The market is driven by the increasing
demand for miniaturization, cost reduction, and time-to-market
considerations in semiconductor design. The semiconductor IP market
also offers benefits such as reduced design risk, faster
time-to-market, and lower development costs. The market is expected
to grow significantly due to the increasing adoption of advanced
technologies such as artificial intelligence (AI), machine learning
(ML), and the Internet of Things (IoT).
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Fabless Semiconductor Companies
- IDMs
- Foundries
- Application
-
- Mobile Computing Devices
- Consumer Electronics
- Automotive
- Industrial Automation
- Others
- Form Factor
-
- Processor IP
- Physical IP
- Digital IP
- Geography
-
- North America
- APAC
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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