Semiconductor Intellectual Property Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2028: Imagination Technologies Ltd and Synopsis Inc are key players.

The prime factors propelling the growth of the semiconductor intellectual property market are the increasing sales of semiconductors and the growing consumption of consumer electronics.

As per the report, the semiconductor intellectual property market is expected to grow at a steady pace.

The technical specifications and design requirements of the ship layout or cell of a microprocessor's whole or certain components are known as semiconductor intellectual property (IP). The substantial rise in consumption of semiconductors across the majority of industries and electronic consumer goods is resulting in the development of advanced and complex semiconductor designs and products which is expanding the growth of the semiconductor intellectual property market.

In addition, the emergence of new technologies such as artificial intelligence, ML, and 5G networks is driving the demand for advanced semiconductor IPs, resulting in the development of unique semiconductor IPs specifically designed to support and enhance compatibilities with the newly emerged technologies. However, the lack of standardized IP designs and the need for customization could limit the growth of the semiconductor IP market since most of the semiconductor IPs are designed for specific applications or technologies, which is increasing the complexity for companies to find the correct IP that meets their requirements. Further, the need for customization increases the cost and time required to develop and use semiconductor IPs which could slow down the consumption of semiconductor IPs.

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The semiconductor intellectual property market has been categorized based on revenue type, IP type, application, and geography.

By revenue type, the market has been classified into license, royalty, and services. The licensing segment is expected to increase its share in the semiconductor intellectual property market over the forecast period since licensing is the most predominant consumption of semiconductor IPs. Licensing allows companies to use existing semiconductor IP developed by third-party providers without investing in the costly and time-consuming process of developing their IP.

Based on IP type, the market division has been done into processor IP, interface IP, and memory IP. The processor IP sector is anticipated to grow prominently as it enables companies to develop advanced and complex SoCs with a reduced development time and cost. Processor IP is used to develop complex SoCs (system on chip) for various applications such as mobile devices, automotive electronics, and industrial control systems.

The market has been segmented by application into automotive, electronics, aerospace, data centers, and others. The electronics sector is projected to hold a significant share of the semiconductor intellectual property market driven by the increasing consumption of consumer electronic goods such as smartphones. For instance, the World Bank revealed that smartphones accounted for approximately 77% of the aggregate mobile phone subscriptions, amounting to 6.3 billion subscriptions in 2021. The increasing consumption of consumer electronics is expected to drive the growth of the electronics sector in the semiconductor IP market, as semiconductor IPs are employed in all consumer electronic goods, including tablets and smartphones.

By region the Asia Pacific region is predicted to notice significant growth due to the increasing consumption of semiconductors and growing investments in the semiconductor industry by major companies operating in this sector. For example, in May 2022, Samsung Semiconductor Inc. declared that it would invest over US$489 billion over the subsequent five years in the Asia Pacific region to develop biologics and semiconductors.

The major semiconductor intellectual property market players are Faraday Technology Corporation, Mindtree Ltd, Cadence Design Systems Inc, Imagination Technologies Ltd, Synopsis Inc, ARM Ltd, CEVA Inc, Digital Media Professionals, Rambus Incorporated, and eMemory Technology Inc.

This semiconductor intellectual property market has been analyzed into the following segments:

• By Revenue Type

o License
o Royalty
o Services

• By IP Type

o Processor IP
o Interface IP
o Memory IP

• By Application

o Automotive
o Electronics
o Aerospace
o Data Centres
o Others

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

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