The Semiconductor IP Market is expected to grow at a CAGR of 4.87% between 2017 and 2022. Semiconductor IP Market report contains the top corporate profiles and strategies with industry analysis and trends. The Semiconductor IP Market is growing and the experts have predicted the future stats of Semiconductor IP.
The complete report of Semiconductor IP Market by Design IP (processor IP, interface IP, memory IP), Source (royalty and licensing), vertical (consumer electronics, telecom, industrial, automotive, commercial), and Geography - Global Forecast to 2023 is now available on www.rnrmarketresearch.com/semicond…rket-report.html
The semiconductor IP market is in a growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 6.22 billion by 2023, at a CAGR of 4.87% between 2017 and 2023.
The drivers for this market are the advancement in multi core technology for consumer electronics sector, increasing demand for modern SoC designs, rising chip design cost and expenditure and growing demand for connected devices. However, IP thefts, counterfeits, and conflicts on the global semiconductor IP market is likely to be a major challenge for this market.
The market for memory IP is expected to grow at the highest CAGR during the forecast period. The growth of the market for memory IP is attributed to the need for high-speed, low-power-consuming, and highly scalable memory devices as well as to the growing demand for memory in connected and wearable devices.
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Break of primary participants in Semiconductor IP Market was as mentioned below:
By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
By Region: North America - 45%, Europe – 20%, Asia-Pacific – 30%, and RoW – 5%
Major players of Semiconductor IP Market Report are:
The major players in the semiconductor IP market are Arm Limited (UK), Cadence (US), Synopsys (US), Imagination Technologies (UK), Lattice Semiconductor (US), CEVA (US), Rambus (US), Mentor (US), Ememory Technology(Taiwan), and Sonics (US), among others. Most of the leading companies have followed the organic growth strategy of product launches to boost the revenue of the company.
FAQ’s regarding the Semiconductor IP Market Report are:
What is Market Penetration of Semiconductor IP?
Comprehensive information on the product portfolios of the top players in the Semiconductor IP market
What is Product Development/Innovation of Semiconductor IP?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Semiconductor IP market
What is Competitive Assessment of Semiconductor IP?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Semiconductor IP market
What is Market Development of Semiconductor IP?
Comprehensive information about emerging markets. This report analyzes the market for various Semiconductor IP products across geographies
What is Market Diversification of Semiconductor IP?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Semiconductor IP market
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The market is segmented on the basis of type, application, and region. This report covers the Semiconductor IP market, in terms of volume and value, and forecasts its market size till 2022.
The report also provides company profiles and competitive strategies adopted by the key players in the Semiconductor IP market. The report offers detailed information on major factors such as drivers, restraints, opportunities, industry-specific challenges, and winning imperatives influencing the growth of the market.
The semiconductor IP market in APAC is expected to grow at the highest CAGR during the forecast period owing to the increasing investment in the semiconductor industry and higher consumption rate of consumer electronics in the region. The telecom and automotive verticals are also playing a significant role in the growth of the semiconductor IP market in the region.
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