Semiconductor & Electronics Market Research News

Semiconductor IP market worth US$ 6.22 billion by 2023

Semiconductor and Electronics Research

The semiconductor IP market size will reach $6.22 billion by 2023 from $4.44 billion in 2016 at a CAGR of 4.87% during (2017-2023) driven by 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.

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Key target audience:

  • Electronic design automation (EDA) and design tool vendors
  • Original equipment manufacturers (OEMs)
  • Integrated device manufacturers (IDMs)
  • Original design manufacturers (ODMs)
  • Automotive ODM and OEM technology solution providers
  • Assembly, testing, and packaging vendors
  • Technology, service, and solution providers
  • Intellectual property (IP) core and licensing providers
  • Suppliers and distributors
  • Governments and other regulatory bodies
  • Technology investors
  • Research institutes and organizations
  • Market research and consulting firms

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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The semiconductor IP market for the automotive vertical is estimated to grow at the highest CAGR during the forecast period. The automotive sector is offering incredible growth prospects to the semiconductor industry and the semiconductor IP market owing to the increasing application of all the form factors such as memory, processor, interface, and analog systems in safety applications, prominently, as well as in drive assistance, navigation system, parking sensors, and energy-efficiency applications.

The boom in semiconductor IP market for automotive is because of autonomous and electric vehicle penetration.

The semiconductor IP market for memory IP is estimated 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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The semiconductor IP market has been segmented on the basis of design IP, IP source, vertical, and geography. The study covers the verticals such as consumer electronics, telecom, industrial, automotive commercial, and others.

The report also forecasts the market size for various segments with regard to 4 main regions - the Americas, Europe, APAC, and RoW. This report describes the drivers, restraints, opportunities, and challenges for the growth of the semiconductor IP market.

The competitive landscape section offers the DIVE matrix that divides the top 25 players into 4 quadrants based on their strength of product portfolio and business strategy excellence.

Breakdown of profile of primary participants:

  • By Company Type: Tier 1 - 20 %, Tier 2 - 25%, and Tier 3 - 55%
  • By Designation: C-level Executives - 40%, Directors - 25%, and Managers - 35%
  • By Region: Americas - 20%, Europe - 25%, APAC - 50%, and RoW - 5%

 

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