At 9.3% CAGR, North America Semiconductor IP Market 2021 Size, Share, Analysis, Upcoming Trends, Latest Innovations, Growth, Key Players and Competitive Strategies by 2028

The North America semiconductor IP market is expected to grow from US$ 2,226.34 million in 2021 to US$ 4,135.97 million by 2028; it is expected to register a CAGR of 9.3% from 2021 to 2028.

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The Business Market Insights provides you regional research analysis on "North America Semiconductor IP Market" and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Industrial Brakes market during the forecast period, i.e., 2020-2027.

The market for North America Semiconductor IP Market is segmented into type, source and industry vertical. Based on source, the North America Semiconductor IP Market is segmented into Licensing and Royalty. In 2020, licensing segment accounted for the highest share of the market in the forecasted period. Moreover the licensing segment registered the highest CAGR during the forecast period An IP vendor charges a premium fee upfront for selling its IP core, functional block, logic, or cell to any customer company and is called as licensing fees. The license fees may vary depending upon the factors such as cost of engineering the IP, complexity of the IP, target applications for the IP, the brand value of the IP vendor, and the expected volumes of IP to be shipped.

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North America semiconductor IP Market - Company Profiles
• ARM Holdings Plc
• Faraday Technology Corporation
• CEVA, Inc.
• Imagination Technologies Group PLC
• Lattice Semiconductor Corporation
• Rambus Inc.
• Intel Corporation
• Xilinx, Inc.
• VeriSilicon Holdings Co. Ltd.
• Cadence Design Systems, Inc.
• Synopsys, Inc.

Semiconductor fabrication plants are increasingly investing in manufacturing integrated circuits globally. The emergence of the COVID-19 pandemic in 2020 hampered the dynamics of the semiconductor IP industry owing to raw material and labor shortages. Semiconductor fabrication companies have planned to invest in new fabrication facilities to cater to the growing demand for integrated chips from various industries. In January 2022, Intel planned to invest over ~US$ 20 billion to build two new manufacturing facilities for semiconductor chips in Ohio, the US.

Industrial IoT can connect machines, tools, and sensors on the shop floor to give process engineers and managers much-needed visibility into production. Thus, with the pace of ongoing IoT emergence and deployments, the global semiconductor industry is expected to benefit from innovations across the technology value chain. As cloud computing becomes mainstream in the IoT industry, semiconductor companies need to continuously focus on innovations to interact between connected devices and smart devices. The semiconductor industry drives the North America market growth with the increased adoption of products incorporated with IoT sensors, such as smart watches, glasses, smartphones, and other wearable devices.

North America semiconductor IP Market Segmentation:

By Type
• Processor SIP
• Interface SIP
• Physical SIP, Analog SIP
• Others
Source
• Licensing
• Royalty

Industry Vertical
• Telecom
• Automotive
• Industrial
• Electronics
• Medical
• Others

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