How Has the Semiconductor Intellectual Property Market Size Evolved in Recent Years?
The semiconductor intellectual property market has seen considerable growth due to a variety of factors.
• The scale of the semiconductor intellectual property market has been rapidly expanding in the past few years. This market is forecasted to rise from $7.25 billion in 2024 to $8.02 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%.
Several factors have driven the growth in the historic period, including the complication of semiconductor designs, the requirement for a swift market introduction in semiconductor development, the expansion of consumer electronics and mobile devices, the surge in semiconductor design outsourcing, and the necessity for cost-efficient design solutions.
What are the Market Size and Expected Growth Rates for the Semiconductor Intellectual Property Market?
The semiconductor intellectual property market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the semiconductor intellectual property market is predicted to experience robust growth, surging to a massive value of $12.37 billion by 2029. This increase, at an impressive compound annual growth rate (CAGR) of 11.4%, is ascribed principally to several factors.
These factors include the relentless expansion of the automotive semiconductor industry, burgeoning demand for tailored semiconductor applications, the implementation of semiconductor in devices harnessing edge computing, escalation in demand for state-of-the-art system-on-chip (SoC) designs, and diminishment in design and production costs. Key trends for the anticipation period encompass the spread of artificial intelligence and machine learning applications, the incorporation of 5G technology and IoT appliances, cooperative ventures and affiliations among IP providers and semiconductor corporations, amplified attention to IP solutions for quantum computing and neuromorphic chips, and an upsurge in the employment of RISC-V architecture for open-source IP.
What Are The Essential Drivers Behind The Growth Of The Semiconductor Intellectual Property Market?
The expansion of the semiconductor IP market is expected to be propelled by the increasing use of connected devices, predicted in future forecasts. Connected devices, often synonymous with Internet of Things (IoT), are physical objects capable of interconnecting and interacting with each other and a variety of systems via the internet. These objects, which can connect through various mediums such as Wi-Fi, NFC, Bluetooth, and mobile networks, use semiconductors, microprocessors, and other electronic parts in their construction. As per IOTech, a IoT solutions and services company based in the UK, there was a forecast in January 2024 that the global installation of smart devices would rise from 51.11 billion in 2023 to 62.12 billion in 2024, indicating a considerable growth trend in the uptake of smart technology. Thus, the increasing usage of IoT or connected devices is set to propel the semiconductor IP market's growth.
How Is The Global Semiconductor Intellectual Property Market Divided Into Key Segments?
The semiconductor intellectual property market covered in this report is segmented –
1) By Design IP: Processor IP, Interface IP, Memory IP, Other Design IPs
2) By IP Core: Soft Core, Hard Core
3) By Revenue Source: Royalty, Licensing
4) By Industry Vertical: Consumer Electronics, Telecom, Automotive, Healthcare, Other Industry Verticals
Subsegments:
1) By Processor IP: Microprocessor IP, Digital Signal Processor (DSP) IP, Application-Specific Processor IP
2) By Interface IP: USB IP, PCI Express IP, Ethernet IP, HDMI IP, MIPI IP
3) By Memory IP: SRAM IP, DRAM IP, Flash Memory IP, Non-Volatile Memory IP
4) By Other Design IPs: Analog IP, Mixed-Signal IP, RF IP, Security IP
Pre-Book The Semiconductor Intellectual Property Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Reshaping The Future Of The Top Major Players Market?
The emergence of novel technologies is a prominent trend gaining traction in the semiconductor IP market. Market leading companies are prioritizing fresh technological advancements to retain a relative edge over their rivals in the sector. For instance, Clarivate, a data and analytics firm based in the US, introduced IP Collaboration Hub in June 2024. This unique platform is aimed at boosting teamwork among different players in the semiconductor industry. It simplifies the process of sharing semiconductor intellectual property (IP) and aids organizations in more effectively managing their IP assets. The hub also offers tools and resources to expedite licensing, development, and innovative processes, with the ultimate goal of fortifying partnerships and enhancing productivity within the semiconductor ecosystem. This collaborative method assists businesses in navigating the intricacies of IP management, thereby cultivating a more innovative atmosphere.
Who Are the Key Players in the Semiconductor Intellectual Property Market?
Major companies operating in the semiconductor intellectual property market include:
• Arm Holdings plc
• Synopsys Inc.
• Cadence Design Systems Inc.
• Ceva Inc.
• Imagination Technologies Group plc
• eMemory Technology Incorporated
• Rambus Inc.
• Mentor Graphics Corp.
• Faraday Technology Corp.
• Lattice Semiconductor Corp.
• Achronix Semiconductor Corp.
• Dolphin Integration SA
• Open-Silicon Inc.
• Sonics Inc.
• Fujitsu Ltd.
• MediaTek Inc.
• VeriSilicon Holdings Co. Ltd.
• Wave computing Inc.
• Silvaco Inc.
• Intel Corp.
• eMemory Technology Inc.
• Kilopass Technology Inc.
• M31 Technology Corporation
• Open Five Inc.
• TransPacket AS
• Andes Technology Corporation
• Arasan Chip Systems Inc.
• LTIMindtree Limited
What are the Regional Insights into the Semiconductor Intellectual Property Market?
Asia-Pacific was the largest region in the semiconductor intellectual property (IP) market in 2024. North America was the second-largest market in the global semiconductor intellectual property market share. The regions covered in the semiconductor intellectual property market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
