Global Semiconductor IP Market 2018-2022
About Semiconductor IP
Semiconductor intellectual properties (SIPs) are considered to be the building blocks or reusable design core components of chip design layout, logic for instances, transistor cells, which are either created by the users for its own use and/or licensed to other users.
Technavio’s analysts forecast the global semiconductor IP market to grow at a CAGR of 9.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global semiconductor 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 Semiconductor IP Market 2018-2022
Technavio recognizes the following companies as the key players in the global semiconductor IP market: ARM (Softbank Group), Synopsys, Imagination Technologies, and Cadence Design Systems.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is proliferation of wireless technologies. IoT has evolved over the last 25 years, and Internet Protocol version 6 (IPv6) that was in the development phase since 1990 is replacing Internet Protocol version 4 (IPv4). This will allow a number of hosts to connect to the Internet and more amount of data traffic that can be transmitted.”
According to the report, one driver in the market is complex chip designs and use of multi-core technologies. Electronic device manufacturers at present try to offer products that have better functionalities while offering power-packed performances in comparison to previous offerings or older generations of the same product. This has compelled semiconductor chip manufacturers to ensure that their IC designs are capable of and reliable for offer maximum use in terms of performance.
Further, the report states that one challenge in the market is challenge of delivering configurable semiconductor IP. In the early days, chip designs were mainly a fixed function and did not require any configuring. This is still witnessed today in the case of standard-based ICs, having a limited set of functionalities requiring no configurability at all.
ARM (Softbank Group), Synopsys, Imagination Technologies, and Cadence Design Systems.