Global Interface IP Market 2018-2022
About Interface IP
Semiconductor intellectual properties (SIPs) are considered as the building blocks or reusable design core comonents of a chip design layout. Interface intellectual properties (IPs deal with the design and ii development of interfaces such as universa serial bus (USB), peripheral component interconnect express (PCIe), and serial advanced technology attachment (SATA). These interfaces enable wired connectivity between electronic devices, storage, and networking infrastructure.
Technavio’s analysts forecast the global interface IP market's CAGR is expected to be more than 11%, however, the market's growth momentum will decelerate owing to a decrease in the year over year growth.
Covered in this report
The report covers the present scenario and the growth prospects of the global interface IP market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Interface IP Market 2018-2022
Technavio recognizes the following companies as the key players in the global interface IP market: Arm, Cadence Design Systems, eSilicon, Rambus, and Synopsys.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is proliferation of wireless technologies. The growing proliferation of wireless technologies will drive the growth of the interface IP market till the end of 2022. Continuous evolution of IoT has resulted in the adoption of Internet Protocol version 6 (IPv6).”
According to the report, one driver in the market is increase in the demand for modern SoC chips. Manufacturers in the market are developing the SoC technology to fulfill the growing requirement to embed more functions on a single IC. The system-on-chip (SoC) technology offers numerous advantages such as high-on-chip frequencies, a strong density of functions, reliability, and reasonable unit costs.
Further, the report states that one challenge in the market is heavy investments driven by the complexity of IP core designs. The designs and development costs of semiconductor IPs are getting increasingly complex and expensive. This is because semiconductor IP vendors need to invest additional time and money to develop complex algorithms for addressing the growing needs of customers.
Cadence Design Systems
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook