Semiconductor (Silicon) Intellectual Property Market to Perceive Exponential Growth at CAGR 11.22% Driven By SiCon Design Technologies, SILABTECH, Faraday Technology Corporation, Mindtree Limited and Etc. Players

The semiconductor (silicon) intellectual property market was valued at USD 3.75 billion in 2017, and is projected to reach a value of USD 7.09 billion by 2023, registering a CAGR of 11.22% during the forecast period (2018 - 2023). The scope of the report is limited to form factors offered by major players, which include Integrated Circuit IP, and System on Chip (SoC) IP. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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Key Developments in the Market

March 2018 – Synopsis, Inc. announced that it has acquired Silicon and Beyond Private Limited, a leading provider of high-speed SerDes technology used in data intensive applications, such as machine learning, cloud computing, and networking. This acquisition establishes Synopsys' continued focus on next-generation SerDes solutions, addressing the need for larger amounts of reliable data transfer between chips, backplane, and extended range optical interconnects. The acquisition also complements a team of R&D engineers with high-speed SerDes expertise to help designers meet their evolving design requirements

March 2018 – Mindtree Ltd., has announced the BQB (Bluetooth Qualification Body) qualification of its Bluetooth Mesh v1.0 Software Stack, along with its Bluetooth v5.0 Software Stack & Profiles. These IPs have already been licensed to major semiconductor companies and will be showcased in the upcoming Bluetooth Asia (May 30th, 31st) in Shenzhen. Mindtree’s Bluetooth Mesh Software stack, is a complete implementation combining the core mesh profiles and mesh models with all the mandatory and optional features

Top Players:

The major players include - SiCon Design Technologies, Andes Technology Corporation, SILABTECH, Faraday Technology Corporation, Fujitsu Ltd., Mindtree Limited, Digital Media Professionals, Eureka Technology Inc., MediaTek Inc., Synopsys Inc., Cadence Design Systems Inc., IPrium LLC, and ARM Ltd, among others.

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Rising design costs and growing time-to-market pressure are forcing companies to seek semiconductor IP manufacturers. The various applications of the market include smart devices (mobiles and tablets), automotive, computers & peripherals, and others. The major drivers of the market include emerging consumer devices adoption, demand for connected devices coupled with the demand for modern SOC designs. The emerging technologies like embedded and programmable DSP IPs are expected to provide various opportunities for the market in the future. However, the shift of technology is expected to restrain the market’s growth.

The Widespread Usage of Semiconductor IPs in Smartphones is expected to Increase their Adoption in the Consumer Electronics Domain

As there has been a strong consumer demand for better and more advanced smartphones the demand for semiconductor IPs has increased. In the smartphones market, the implementation of semiconductor IPs makes the device more efficient, smaller and lightweight as the System on Chip concept is implemented over here. The System on Chip concept enables all the major components, like the memory unit, the processor unit and others being stored on a silicon chip, enabling the device to be more power efficient and more effective. Mobile Phones have become increasingly necessary to every individual to stay in touch with others, which is driving the smartphone market, indirectly driving the semiconductor IP market. The demand for tablets has seen a slight decrease over the last few years because of its bulkier size compared to the smartphone. But, regardless, it remains a major segment that makes use of semiconductor IPs.

Asia Pacific is one of the Prime Markets for the Adoption of Semiconductor IPs

The Asia-Pacific semiconductor IP market is on the rise, due to rising proliferation of consumer electronics in this region. With growing economic conditions, increasing disposable income, increasing number of youth population, and rising employment rate, the consumer electronic market is flourishing in this region. China is the largest automobile manufacturer in the world and with increasing electronic content in automobiles; the semiconductor IP market in this region is growing at a rapid pace.

China’s plans to focus on semiconductor sector as a part of 12th five-year plan and strong growth of Taiwan’s semiconductor and electronics industry will augment the market for semiconductor IP in this region. Moreover, growing focus on industrial automation bodes well for embedded systems, which will further drive demand for semiconductor IP.

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