Semiconductor Intellectual Property (IP) : Future Growth, COVID-19 Impact, Manufacturers, Demands and Revenue Report scrutinized in the new analysis

 

Semiconductor IP (Intellectual Property) is a reusable architectural layout unit of semiconductor logic, chip, or cell in the electronics and semiconductor industries. It enables chip designers to design chips more quickly by reusing existing blocks. Third-party IP cores are licensed to semiconductor chip manufacturers, or they can be developed and owned solely by a single chip manufacturer.

  Currently, there are numerous small and large players in the global semiconductor intellectual property market. Many new players are entering the market in order to capitalize on the rising demand for less expensive and highly reliable end-products with far more sophisticated features. Semiconductor IP is used as an elementary unit within semiconductor chips, such as application-specific integrated chip (ASIC) designs or field-programmable gate array (FPGA) logic, to add various features as needed. Foundries, fabless firms, and integrated device manufacturers are among the IP customers (IDM). Different types of integrated chips, such as system-on-chips and advanced ICs, combine a wide range of advanced functionality into a single device to provide superior performance, with increasingly more IP cores on a single chip.

The growing demand for consumer electronics such as MP3 players, digital cameras, and cell phones drives the growth of the Semiconductor Intellectual Property market. The growing demand for modern System on Chip (SoC) design, combined with the growing need to reduce manufacturing and design costs, has fueled growth in the Semiconductor Intellectual Property market. The advancement of multicore technology for consumer electronics, as well as the emergence of technologies such as embedded and programmable DSP IPs, contributes to the growth of the Semiconductor Intellectual Property market. The expansion of the semiconductor intellectual property market has resulted from increased demand for lower manufacturing and design costs of semiconductor components found in end-products. Furthermore, the adoption of the modern system on chip (SOC) designs is propelling the semiconductor intellectual property market.

In 2018, the soft IP core segment accounted for 61.1 percent of the global semiconductor intellectual property market. This is due to the rise in the use of soft IP cores such as total combined list and programmable cores in a variety of applications to improve the quality of used hardware. During the forecast period, the soft IP core segment is expected to grow at a CAGR of 9.5 percent. This is due to an increase in the automotive industry's demand for hard IP. Automotive is expected to be a rapidly growing segment. During the forecast period, it is expected to grow at a CAGR of 9.8 percent. This is due to an increase in demand for hard and soft IP cores from the automotive industry.

The Semiconductor Intellectual Property market report includes a detailed geographic distribution of the market across Italy, North America, France, Europe, Asia-Pacific, Latin America, and the Middle East, and Africa. North America is further subdivided into the United States, Canada, and Mexico. Europe is divided into three parts: Germany, the United Kingdom, and the rest of Europe. Asia-Pacific is divided into four regions: China, India, Japan, and the Rest of Asia-Pacific.