The report “Semiconductor Intellectual Property (IP) Market with COVID-19 Impact Analysis by Design IP (Processor IP, Memory IP, Interface IP, Other IPs), IP Source (Royalty, Licensing), IP Core (Hard IP, Soft IP), Vertical, and Geography – Global Forecast to 2026 “, is expected to grow from USD 5.5 billion in 2021 to USD 7.2 billion by 2026, at a CAGR of 5.4%. Increasing the advancements for multicore technology across various sectors as well as rising demand for modern SoC (system on chip) designs for different applications are the primary factors driving the market growth. Moreover, growing adoption of semiconductor IPs in consumer electronics, telecommunications & data center as well as automotive verticals will drive the demand for this technology in the near future.
• Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=651
Major players in the semiconductor IP market include Arm Holdings Ltd (UK), Synopsys Inc(US), Cadence Design Systems, Inc (US) Imagination Technologies Ltd (UK), CEVA Inc (US),Lattice Semiconductor Corporation (US), Rambus Inc(US), eMemory Technology, Inc (Taiwan), Silicon Storage Technology, Inc (US) and VeriSilicon Microelectronics Co., Ltd. (China) among others.
Browse 181 market data Tables and 50 Figures spread through 258 Pages and in-depth TOC on “Semiconductor Intellectual Property (IP) Market with COVID-19 Impact Analysis and Geography – Global Forecast to 2026″View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/semiconductor-silicon-intellectual-property-ip-market-651.html
The market has slightly declined in 2020, mainly due to the impact of COVID-19. The supply chains was disrupted in March and April 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions, that affected the semiconductor IP market. Though the market is impacted in 2020, it is expected to fully recover by 2021.
Processor IP is estimated to contribute largest market share in the said market during the forecast period
The processor IP segment is expected to hold a major share of the semiconductor IP market during the forecast period. 5G technology is making massive increments in speed, bandwidth, and data throughput for automobile and mobile applications by introducing carrier aggregation and increased throughput with advanced modulation via mmWave spectrums. Such advancements have increased the complexity of infrastructures, basebands, and application processor technologies. To address this issue, new innovative processor IPs are required. All these factors are expected to fuel the demand for processor IPs during the forecast period.
Automotive vertical is estimated to be the fastest-growing market during the forecast period
The semiconductor IP market for the automotive verticals is expected to grow at the highest CAGR during the forecast period due to the increasing applications of microprocessor units (MPUs), microcontroller units (MCUs), sensors, analog integrated circuits (ICs), interfaces, and memory in autonomous and premium cars. The introduction of technologies such as advanced driver assistance systems (ADAS), adaptive cruise control, and intelligent parking assistance systems are expected to further boost the market growth. Furthermore, the market growth can also be attributed to the increased demand for vehicle connectivity and the growing significance of connected cars.
Asia Pacific is expected to grow at the highest rate
The market in APAC is expected to grow at the highest rate during 2021–2026. The global market players are experiencing increased demand for semiconductors such as cores and processors from countries such as China, Japan , Taiwan and South Korea. Major players in the chip industry in APAC include Intel (US), Qualcomm (US), Advanced Micro Devices, Inc. (US), and Texas Instruments (US). The consumer electronics vertical would continue to dominate the market in APAC. Increasing demand for consumer electronics, especially smartphones, is expected to drive the growth of the semiconductor IP market in APAC. China is expected to hold the largest market share in APAC by 2026.
Don’t miss out on business opportunities in Semiconductor Intellectual Property (IP) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media ContactCompany Name: Marketsandmarkets pvt ltdContact Person: Mr. Aashish MehraEmail: Send EmailPhone: 18886006441Address:630 Dundee Road Suite 430City: NorthbrookState: IL 60062Country: IndiaWebsite: https://www.marketsandmarkets.com/Market-Reports/semiconductor-silicon-intellectual-property-ip-market-651.html
