Semiconductor IP Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2025
“Increase in outsourcing activities involving the complex IP design and development that are not related to product differentiation is expected to favor market growth in the upcoming years.�
The Global Semiconductor IP Market is subject to witness a substantial growth due to the rising demand for high-end technology to improve various business processes and organizational productivity. Deployment of multi-core technology along with design complexity in semiconductor ICs and System on Chip (SoC) are predicted to stimulate market demand for semiconductor IPs over the forecast period. Increase in outsourcing activities involving the complex IP design and development that are not related to product differentiation is expected to favor market growth in the upcoming years. Globally, the market is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the semiconductor IP market. Increase in the number of third party IP vendors coupled with rise in the amount of IP blockage licensing by market players are positively impacting market growth, in the recent years. Increasing demand for semiconductor IP cores from different vertical like networking topologies, telecommunication industry and consumer electronics is estimated to expand overall market reach. Semiconductor IP helps in saving design time and expenditure, thus increasing overall organizational productivity and profitability. Semiconductor Intellectual Property or SIP is known as a recyclable logical unit, cell, or chip layout design and is considered as the intellectual property of one party. It is vital during the design and implementation of complex system ICs. Advantages of Semiconductor Intellectual Property include reduction of IC development costs, accelerates time-to-market, reduces time-to-volume and increases end-product value.