Market Research Future Published a Cooked Research Report on "Global Semiconductor IP Market "
MRFR recognizes the following companies as the key players in the global Semiconductor IP market— Arm Holdings Ltd., Synopsys Inc., Cadence Design Systems, Inc., Ceva Inc., Lattice Semiconductor Corporation, and others
The global Semiconductor IP market is accounted to register a CAGR of 12% during the forecast period and is estimated to reach USD 16 Billion by 2030.
Semiconductor IP (Intellectual Property) refers to pre-designed and pre-verified components or blocks of circuitry that can be licensed and integrated into custom semiconductor chips. These IP blocks include processor cores, memory controllers, interface protocols, and other functional units. By incorporating semiconductor IP, chip designers can save time, reduce development costs, and focus on the specific features and differentiation of their products.
The global Semiconductor IP market has been segmented based on Design IP, Core Type, Revenue Source, Industry.
Based on design IP, the market is segmented into interface IP, processor IP, memory IP, and others. Due to its widespread use in the production of consumer electronics products like smartphones, CPUs, laptops, and other items, it is anticipated that the processor IP category would have the biggest market share.
Based on core type, the global Semiconductor IP market has been segmented into hard core and soft core. Due to the increasing need for processors in consumer electronics products such laptops, personal computers, and other items, the hard core sector is anticipated to hold the largest market share.
Based on Industry Analysis, the global Semiconductor IP market has been segmented into consumer electronics, IT and telecommunications, automotive, industrial, aerospace & defense, and others (government) based on industry. Due to the expanding development of wireless technology devices and the growing development of wireless devices by the main players, the consumer electronics category is anticipated to hold the biggest market share.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Semiconductor IP market Research Report
The global Semiconductor IP market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Semiconductor IP market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Semiconductor IP market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Semiconductor IP market comprises of Middle East, Africa, and Latin America.
Due to increased investment by major companies in the region's electronics device production, Asia Pacific is predicted to hold the biggest market share in the global market over the projection period.
Due to the increasing adoption of wireless technology and the advancements in 5G technology, North America is predicted to rise at a moderate CAGR during the forecast period. Semiconductor Equipment and Materials International (SEMI) estimates that North America will account for about 38.9% of global spending in the electronics industry in 2020.
The demand for connected devices among consumers is likely to increase, leading to a moderate CAGR in Europe. The market value of connected devices for homes in Europe is predicted by the Broadband Forum to reach approximately USD 157 billion by 2023. Due to the quick uptake of digital technology-based gadgets, this growth is mostly ascribed to the COVID-19 pandemic.
Due to rising IoT spending and a spike in digital transformation efforts by various governments in this region, the Middle East and Africa are expanding with a moderate CAGR.
Key Findings of the Study