Semiconductor IP Market is Forecasted to Reach US$ 7.74 billion in 2028, Says Stratview Research

The global semiconductor IP market is projected to witness a growth rate of 5.72% annually from 2023 to 2028, with an anticipated size of US$ 7.74 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global semiconductor IP market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2713/semiconductor-ip-market.html#form

Report Highlights:
Market Size in 2028: US$ 7.74 billion
Growth (CAGR): 5.72% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Semiconductor IP Market:

The global semiconductor IP market is segmented based on revenue type, end-use type, IP type, and region.

Based on revenue type - The market has been classified into licenses, royalties, & services. Under these, the royalty segment occupied the largest market share in 2022 and is expected to remain the largest market for semiconductor IP during the forecast period. Because of mass procurements of semiconductor IPs from leading electronics device manufacturers.
However, the licensing category is expected to develop with the highest CAGR during the forecast period. This is primarily due to the increasing acceptance of licensed semiconductor IP goods and solutions from wireless device manufacturers. Several wireless device makers are adopting licensed IP solutions to produce connected communication devices.

Based on end-use type - The market has been classified into consumer electronics, computers and peripherals, automobiles, industrial, and others. Under these, the consumer electronics segment held a significant market share in 2022 and is expected to maintain its dominance during the forecast period. This is mainly attributed to the increasing adoption of modern system-on-chip (SoC) designs in consumer electronics such as smartphones, tablets, laptops, etc., thereby boosting segment growth.

Based on IP type - The market has been classified into Processor IP, Wired and Wireless Interface IP, and Others. Under these, the processor IP sector is expected to have the greatest market share since it is widely employed in the production of consumer electronics such as smartphones, CPUs, laptops, and others.
Additionally, the market is divided into design IP segments such as interface IP, processor IP, memory IP, and others (verification IP, graphics IP). The expanding global sales of various smart and IoT devices support the expansion of the processor IP market.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/2713/semiconductor-ip-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific region held the highest market share during the forecast period. This growth outlook is majorly attributed to the following-

The region is projected to grow at a healthy CAGR in the coming years. This is majorly ascribed to the presence of domestic players, strong presence of semiconductor and consumer electronics manufacturers, a growing use of smart devices, surging, and robust demand for smart wearables, laptops, and smartphones, etc., further bolstering the regional market growth during the review period.

Semiconductor IP Market Drivers:

Some of the key drivers listed in the report are given below.
• Increasing adoption of connected devices for daily use as well as a rise in the demand for electronics from the healthcare industry amid the COVID-19 pandemic along with the surging need for teleconference instruments.
• The connected devices are connected to other networks or devices through many communication protocols, such as NFC, Wi-Fi, and Bluetooth.
• Growing demand for consumer electronics particularly in emerging markets of China and India.
• Due to the growing trend of outsourcing semiconductor design, fabless semiconductor companies are seeing a rise in demand for semiconductor IP.
• The increasing requirement for high-performance, low-power semiconductors across a wide range of applications, including smartphones, tablets, laptops, and servers.
• The rising popularity of advanced technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT), necessitates the use of specialized semiconductor IP.

Top Companies in the Semiconductor IP Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Andes Technology Corporation (Taiwan)
• ARM Ltd (SoftBank) (UK)
• Cadence Design Systems Inc. (US)
• CEVA Inc. (US)
• Digital Media Professionals (Japan)
• Faraday Technology Corporation (Taiwan)
• Fujitsu Ltd (Japan)
• MediaTek Inc. (Taiwan)
• Mindtree Limited (India)
• Synopsys Inc. (US)

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Semiconductor IP Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Outsourced Semiconductor Assembly and Test (OSAT) Market: https://www.stratviewresearch.com/1653/outsourced-semiconductor-assembly-and-test-(OSAT)-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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This release was published on openPR.