Semiconductor IP Market Research Report – Forecast till 2027

Semiconductor IP Market, By Application (Automotive, Consumer Electronics, Networking, Industrial Automation), By Type (Microprocessor, Digital Signal Processors), By Memory (DRAM, SRAM, NAND) –  Forecast till 2027

ID: MRFR/SEM/5810-HCR | February 2021 | Region: Global | 100 pages

Semiconductor IP Market Synopsis


Intellectual property (IP) cores are the pre-designed building blocks of semiconductors components and devices. These IP cores can be reused while manufacturing chips, processors, or any other semiconductor components. According to MRFR analysis, Semiconductor IP Market was valued at USD 856.88 million in 2017 and is estimated to reach market value of USD 2-3 billion by 2023 growing with14% CAGR during forecast period 2018-2023.


High growth of semiconductor industry, rise in demand of mobile computing devices such as smartphones, tablets and laptops, increasing demand for high-bandwidth memory by cloud vendors & data centers, and increasing demand for advanced system-on-chip (SoC) are some of the prime factors for the growth of Semiconductor IP Market. However, stringent government regulations, constantly increasing demand for upgradation of semiconductor components to serve the dynamic consumer market are among some factors which are expected to hinder the Market growth in coming years. Whereas, increasing adoption of IoT is expected to provide fruitful opportunities for the Market in the coming years.


Semiconductor IP market is showing significant growth in coming years due to rapid growth in the semiconductor industry. Development in sensing technology is also shaping growth in the consumer electronics industry. The designing of semiconductor IP cores requires low investment since the designing process requires low-cost tools which reduces the capital requirement to a moderate level. However, the technological complexity of the semiconductor memory IP is high as the designs of semiconductor memory IPs is complex and requires high technical expertise.


Segmentation


The semiconductor intellectual property (IP) market is segmented into type, application and region.


By type, the Market is segmented into processor IP, interface IP, and memory IP. Processor IP is further classified into microprocessors, microcontrollers, and digital signal processors. Whereas, memory IP is further classified into DRAM, NAND and SRAM IPs.


By application, the Market is classified into consumer electronic devices, mobile computing devices, networking, automotive, and industrial automation, among others.


By region, the Market is segmented into North America, Europe, Asia-Pacific, and Rest of the world.


Regional analysis


Market Research Future (MRFR) has covered following countries in regional analysis of market - U.S, Canada and Mexico Market in North America. Germany, U.K, France, Russia, and Italy market in Europe. China, Japan, India, and South Korea, in Asia-Pacific. The Middle East & Africa and South America Market in the Rest of the world.


Asia-Pacific is leading the semiconductor intellectual property (IP) Market in 2017, followed by North America and Europe, respectively. China, Japan and South Korea market are showing significant growth and is expected to witness huge growth in the coming years. Highly efficient market of semiconductor manufacturing is the prime factor for the growth of the Market in this region. Further, increasing market of IoT is fueling the Market growth in the region.


North America is the second highest market of semiconductor intellectual property (IP). Advancement in technology, increasing need of advanced processors and microcontrollers for automotive applications and presence of highly experienced technology expertise are some factors for this high growth of Market in this region. US is leading the market due to high demand for advanced SoC from smartphone and electronic device manufacturers in the region. Canada and Mexico are also contributing significantly in the growth of Semiconductor IP Market.


Key players


The Semiconductor IP market is characterized by the presence of many global, regional, and local vendors. The Semiconductor Intellectual Property market is competitive with all the players competing to gain market share. Strong competition, rapid growth in semiconductor industry, and frequent changes in government norms & regulations are key factors that confront Semiconductor Intellectual Property marketgrowth. The vendors compete based on cost, product quality, reliability, and aftermarket services. It is crucial for the vendors to provide cost-efficient and high-quality services to survive and succeed in an intensely competitive market.


The Semiconductor Intellectual Property market is expected to witness a moderate competition among the existing players. Key market players are investing extensively in the development of advanced SoC which helps them to stay competitive in the market.


Market Research Future has identified following key players in Semiconductor Intellectual Property (IP) market- Micron Technology Inc., Samsung, SK Hynix Inc., Synopsys, Inc., Rambus Inc., Cadence Design Systems, Inc., Arm Limited, Dolphin Integration, eSilicon Corporation, and Mentor, Lattice Semiconductor, Sonics, Inc., Achronix Semiconductor, Xilinx, and Semiconductor Manufacturing International Corp. (SMIC) among others.


Intended Audience



  • Semiconductor components manufacturers

  • OEMs

  • IP customers

  • Government

  • Research Institutes

  • Consultants/advisory firms

  • Value-Added Resellers (VARs)

  • Strategic business partners



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 2-3 Billion
  CAGR   14%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, Type, Memory
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Micron Technology Inc., Samsung, SK Hynix Inc., Synopsys, Inc., Rambus Inc., Cadence Design Systems, Inc., Arm Limited, Dolphin Integration, eSilicon Corporation, and Mentor, Lattice Semiconductor, Sonics, Inc., Achronix Semiconductor, Xilinx, and Semiconductor Manufacturing International Corp. (SMIC)
  Key Market Opportunities   Increasing adoption of IoT.
  Key Market Drivers

  • Rise in demand of mobile computing devices such as smartphones, tablets and laptops.
  • Increasing demand for high-bandwidth memory by cloud vendors & data centers.
  • Increasing demand for advanced system-on-chip (SoC)


  • Frequently Asked Questions (FAQ) :


    In 14% CAGR, the semiconductor IP market can value at USD 3 billion by 2023.

    Synopsys, Inc., Micron Technology Inc., SK Hynix Inc., Samsung, and Rambus Inc. are some major players of the semiconductor IP market.

    In 2017, the semiconductor IP market worth was USD 856.88 Mn.

    Electronic gadgets are ubiquitous, and still their sales are high due to constant innovations. This can benefit the semiconductor IP market.

    North America boasting of developing sensor technologies can cause the regional semiconductor IP market to soar.

    Intellectual property (IP) cores are the pre-designed building blocks of semiconductors components and devices.