Global Semiconductor Intellectual Property Market Trends And Strategies Of Major Players In The Semiconductor IP Market 2021-2030
31 Aug, 2021
The semiconductor intellectual property (IP) market consists of sales of semiconductor intellectual property and related services by entities (organizations, sole traders, and partnerships) that provide integrated circuit layout design that is the intellectual property of its creator or party. Semiconductor IP is a piece of design that is a reusable unit of logic or functionality or a layout of a design that is developed with the idea of licensing it to many vendors for using it as a building block in different chip designs. There is a license fee for its usage or royalty for every device made using that piece of IP.
Global Semiconductor Intellectual Property Market Size And Drivers:
The global semiconductor intellectual property market size is expected to grow from $4.60 billion in 2020 to $5.06 billion in 2021 at a compound annual growth rate (CAGR) of 10%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductor IP market is expected to reach $7.02 billion in 2025 at a CAGR of 8.5%. The growing adoption of connected devices is expected to contribute to the growth of the semiconductor IP market in the forecast period.
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Trends In The Global Semiconductor Intellectual Property Market
New technology launches are a key trend gaining popularity in the semiconductor IP market. Key players in the market are focusing on new technological innovations to maintain a comparative advantage over competitors in the industry. For example, in June 2020, Imagination Technologies, a UK-based semiconductor company, announced the launch of IMG iEW400, the latest IP based on Ensigma Wi-Fi technology. The iEW400 integrates RF and baseband and is intended for low-power and battery-powered applications such as the internet of things (IoT), wearables, and wearables.
Global Semiconductor Intellectual Property Market Segments:
The global semiconductor intellectual property market is further segmented based on design IP, IP Core, revenue source, industry vertical and geography.
By Design IP: Processor IP, Interface IP, Memory IP, Others
By IP Core: Soft Core, Hard Core
By Revenue Source: Royalty, Licensing
By Industry Vertical: Consumer Electronics, Telecom, Automotive, Healthcare, Others
By Geography: The global semiconductor intellectual property market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the semiconductor intellectual property (IP) market in 2020.
Read More On The Report For The Global Semiconductor Intellectual Property Market At:https://www.thebusinessresearchcompany.com/report/semiconductor-intellectual-property-global-market-report
Semiconductor Intellectual Property Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides semiconductor intellectual property market overviews, analyzes and forecasts market size and growth for the global semiconductor intellectual property market, semiconductor intellectual property market share, semiconductor intellectual property market players, semiconductor intellectual property market segments and geographies, semiconductor intellectual property market’s leading competitors’ revenues, profiles and market shares. The semiconductor intellectual property market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.