Semiconductor IP Market Expected to reach $5,701 million globally by 2024 | Global Opportunity Analysis and Industry Forecast, 2018-2024

The global semiconductor IP market was valued at $3,434 million in 2017, and is projected to reach $5,701 million by 2024, growing at a CAGR of 7.30% from 2018 to 2024. At present, Asia-Pacific dominates the market, followed by North America. In 2017, China dominated the Asia-Pacific market and Germany led the overall market in Europe. However, in North America, the U.S. currently dominates the market.

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The growth of the global semiconductor IP market is driven by rise in demand of the modern system on chip (SoC) design, and reduction in manufacturing and design cost. However, fluctuations in the development or functionality of the chips restrain the market growth. Further, In the near future, rising demand for the consumer electronics, and new technological developments is expected to create lucrative opportunities for the key players operating in the semiconductor IP market.

Key Benefits:
• This study comprises analytical depiction of the global semiconductor IP market size with current trends and future estimations to depict the imminent investment pockets.
• The overall semiconductor IP industry potential is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current semiconductor IP market is quantitatively analyzed from 2018 to 2024 to benchmark the financial competency.
• Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the semiconductor IP market.
• The report includes Semiconductor IP Market Share of key vendors and Semiconductor IP Market Trends.

Semiconductor IP Market Key Segments:

By Design IP
• Processor IP
• Interface IP
• Memory IP
• Other IP

By IP Source
• Licensing
• Royalty
• Servicing

By Application
• Consumer Electronics
• Telecom
• Automotive
• Aerospace
• Healthcare
• Agriculture
• Others

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Key Market Players Profiled:
• ARM
• Synopsys
• Imagination Technologies
• Cadence
• Ceva
• Verisillicon
• eMemory Technology
• Rambus
• Lattice (Silicon Image)
• Sonics

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