Press release
Semiconductor IP Market Recent Developments, Share, Revenue & Forecast 2023 by Micron Technology, Samsung, SK Hynix, Synopsys, Rambus, Cadence Design Systems, Arm Limited, Dolphin Integration, eSilicon Corporation and Mentor
The market for Semiconductor IP market is estimated to grow at a significant rate during the forecast period 2018 to 2023. The regional market is experiencing rapid growth due to increasing support from governments to develop and manufacture semiconductor memory chips.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, global semiconductor intellectual property (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.
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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 intellectual property (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.
Key players
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 are some of the key players in semiconductor intellectual property (IP) market.
Segmentation
The global 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.
Brief TOC of Semiconductor IP Market
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Dynamics
4.1 Market Drivers
4.1.1 High Growth Of Semiconductor Industry
4.1.2 Rise In Demand Of Mobile Computing Devices Such As Smartphones, Tablets And Laptops
4.1.3 Increasing Demand For High-Bandwidth Memory By Cloud Vendors & Data Centers
4.1.4 Increasing Demand For Advanced System-On-Chip (SoC)
4.2 Market Restraints
4.2.1 Stringent Government Regulations
4.2.2 Constantly Increasing Demand For Upgradation Of Semiconductor Types To Serve The Dynamic Consumer Market
4.3 Market Opportunities
4.3.1 Increasing Adoption Of IoT
4.4 Market Challenges
4.4.1 IP Security
4.5 Porter’s Five Forces Analysis
4.5.1 Threat Of New Entrants
4.5.2 Bargaining Power Of Buyers
4.5.3 Threat Of Substitutes
4.5.4 Segment Rivalry
4.5.5 Bargaining Power Of Suppliers
4.6 Government/Industry Norms And Regulations
Continue…
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