PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587890
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587890
Global semiconductor intellectual property market is estimated to be valued at US$ 7.3 Billion in 2024. Demand is expected to reach US$ 14.5 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 7.3 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 10.30% | 2031 Value Projection: | US$ 14.5 Bn |
The global semiconductor intellectual property market has been witnessing significant growth in the recent years. Semiconductor intellectual properties or IPs refer to the design elements like circuitry, logic, and subsystems that are developed by semiconductor IP core vendors to be embedded into ASIC/SoC/FPGA designs. The growing complexities in chip designs and decreasing product life cycles have increased the demand for reusable and customizable IP cores from vendors. Additionally, the rapid adoption of advanced technologies such as artificial intelligence, 5G, and edge computing across various industries has fueled the need for efficient and robust semiconductor IP solutions. With rising investments in R&D by chip manufacturers and IP vendors, the global semiconductor IP market is expected to witness substantial revenue opportunities during the forecast period.
The global semiconductor intellectual property market is driven by factors such as increasing demand for customized IPs, growing investments in fabless semiconductor companies, and rising adoption of cutting-edge technologies across industries. However, high costs associated with IP development and compatibility issues linked to IP integration are some of the factors restraining the market growth. The market provides opportunities due to proliferation of connected devices, emergence of new applications utilizing semiconductor IPs, and increasing government support towards semiconductor industry in various countries. Key players are collaborating with IP vendors and fabless companies to offer customers coherent and optimized solutions. They are also investing in R&D to develop IPs supporting advanced technologies such as AI, 5G, and IoT.
Key features of the study
This report provides in-depth analysis of the global semiconductor intellectual property market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global semiconductor intellectual property market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ARM, Synopsys, Imagination Technologies, Cadence Design Systems, Ceva, Verisilicon, eMemory Technology, Rambus, Anthropic, and Silvaco
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global semiconductor intellectual property market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global semiconductor intellectual property market.