Technology & Telecommunications

According to a market report by Lucintel, the future of the semiconductor IP market looks promising with opportunities in the consumer electronics, automotive, industrial, telecommunication & data center, and aerospace & defense end user segments. The global semiconductor IP market is expected to reach an estimated $6.1 billion by 2028 with a CAGR of 7.0% from 2023 to 2028. The major drivers for this market are increasing rising demand for modern SoC (system on chip) designs and growing adoption of semiconductor IPs in application, such as consumer electronics, automotive, telecommunications, and data center verticals.



In this market, processor IP, interface IP, memory IP, and others are the different design IP segments. Lucintel forecasts that processor IP will remain the largest design IP segment over the forecast period as it is widely adopted in manufacturing of laptops, smartphones, and CPUs and growing trend of 5G technologies in the automobile and mobile applications.



Within this market, automotive is projected to register the highest growth due to increasing penetration of sensors, analog integrated circuits, microcontroller units, microprocessor units, interfaces, and memory for autonomous and premium cars.



APAC is expected to witness the highest growth during the forecast period due to increasing demand for smart devices, such as laptops, smart wearables, and smartphones, and growing trend of connected automobiles in this region.

Synopsys Inc, Cadence Design System, Arm Holdings, CEVA Inc., Lattice Semiconductor, Rambus Inc, Silicon Storage Technology, Alphawave IP, eMemory Technology, and VeriSilicon Microelectronics are the major suppliers in the global semiconductor IP market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor IP market by design IP, source IP, core IP, end user, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Semiconductor IP Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor IP market by design IP, source IP, core IP, end user, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the semiconductor IP market by design IP (processor IP, interface IP, memory IP, and others), IP source (royalty and licensing), IP core (soft IP and hard IP), end user (consumer electronics, automotive, industrial, telecommunications & data centers, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?