The semiconductor (silicon) intellectual market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing popularity of wearable technology and rising use of internet of things.
Semiconductor IP (Intellectual Property) is a unit of logic, cell, or chip layout that the creative party can reuse. Any logic, functionality, cell, or layout design produced with the intention of licencing to various vendors for use as building blocks in diverse chip designs is considered intellectual property in semiconductors. IP, IP blocks, and IP cores are other terms for the same thing. There is usually a licence cost associated with its use, as well as perhaps for each device that has that piece of IP. Memories interconnect, CPUs, and peripherals are the most prevalent types of IP. Soft IP and hard IP bans are available in the market. Soft IP refers to models that are technology free and can be readily synthesised, whereas hard IP refers to models that have already been implemented and process targeted, and therefore the licensee cannot make any modifications.
The Covid-19 pandemic affected the demand and supply of semiconductor (silicon) intellectual market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the semiconductor (silicon) intellectual market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Semiconductor (Silicon) Intellectual Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Revenue Type (License, Royalty, Services), IP Type (Processor IP, Wired, and Wireless Interface IP), End-user Vertical (Consumer Electronics, Computers & Peripherals, Automobile, Industrial) |
Geographical Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | CEVA Inc.; Synopsys Inc.; Cadence Design Systems Inc.; ARM Ltd (SoftBank); Imagination Technologies Limited |
In terms of revenue type, the semiconductor (silicon) intellectual market is divided into license, royalty, and services. The royalty segment is expected to represent a key share of the market during the forecast period. The market for royalty is thriving as a result of fast technological advancements, allowing firms to make as many items as they want while just paying a fee for those products. It provides semiconductor IP providers with the benefit of long-term incentives linked to the market success of the finished product.
On the basis of IP type, the semiconductor (silicon) intellectual market is segmented into processor IP, wired, and wireless interface IP. The processor segment is expected to represent a key share of the market during the forecast period. The widespread usage of processor IP in consumer electronics and the automotive sector is acknowledged with the segment's rise. In semiconductors, an intellectual property core is a reusable logic or functionality unit, a cell, or a layout design that is often produced with the intention of licencing to numerous vendors for use as building blocks in various chip designs.
Based on end-user vertical, the semiconductor (silicon) intellectual market is segregated into consumer electronics, computers & peripherals, automobile, and industrial. The consumer electronics segment is expected to represent a key share of the market during the forecast period. Semiconductor IPs are found in a wide range of consumer electronic gadgets, including smartphones, tablets, and other handheld devices. The market for semiconductor IPs has risen as a result of growing customer demand for better and more sophisticated smartphones and devices. Emerging technologies, such as embedded and programmable DSP IPs, are likely to propel the market. As the system-on-chip idea is applied in a smartphone, the inclusion of semiconductor IPs makes the device more efficient, minor, and lightweight. The system-on-chip idea entails storing all key components, such as the memory unit, processing unit, and others, on a single silicon chip, allowing the device to be more power efficient and effective to use.
On the basis of geography, the semiconductor (silicon) intellectual market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to dominate the market during the forecast period. From the perspective of both suppliers and end-users, the United States is a key market in the overall semiconductor business. The majority of market merchants are increasing their presence in the area. The US government is investing heavily in the development of the regional semiconductor industry, which benefits the semiconductor silicon IP market.
Furthermore, worldwide semiconductor firms seek out Canadian graduates for well-paying, high-skilled employment, making them among the top STEM talent in the world. According to statistics Canada, computer and electronics-related programs accounted for 25% of total post-secondary enrolment in 2019. The Council wants to maintain its local talent since Canada has a large pool of technical skills.
Key players competing in the semiconductor (silicon) intellectual market include CEVA Inc., Synopsys Inc., Cadence Design Systems Inc., ARM Ltd (SoftBank), and Imagination Technologies Limited
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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