The global Semiconductor IP market is experiencing an intense growth with regards to the investments, new product developments, and deployment for future in the current scenario and is anticipated to rise in the coming years. The semiconductor IP market consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced product to the customers. Also, there are many stakeholders in the Semiconductor IP ecosystem that are involved in the end-to-end development of Semiconductor IP and ensuring that the best service is made available for the users.
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The top companies operating in the field of Semiconductor IP include Cadence Design Systems, Sonics, ARM Holdings, Verisilicon, Rambus, Ceva, Imagination Technologies, Synopsys, Ememory Technology, and Lattice Semiconductor among others. Various other companies operating in the market and are coming up with new technologies and offerings which is helping the market for Semiconductor IP to expand over the years in terms of revenue and subscription.
Growing usage of the semiconductor based electronic devices in various industry verticals owing to the advent of IoT and Industrial IoT is one major factor driving the demands for these products. The semiconductor IP blocks enable in the reduction of manufacturing costs to the equipment manufacturers. Huge volumes of ICs are churned in a shorter span of time that is enabled by the semiconductor IP solutions is another major factor that is replacing the inefficient human designing methods for ICs across all the major industry verticals.
Electronics sector is anticipated to be one of the largest adopters of the Semiconductor IP globally. Manufacturing of automotive, consumer electronics, communication equipment, healthcare related equipment, and other devices are leading the integrations of semiconductor IP products into the different assembly lines at the factory floor. Also, the trend towards miniaturization in the consumer electronics industry has driven package component sizes down to the design-rule level of early technologies. Crucial in integrated circuit (IC) package technology is that it must deliver higher lead counts, reduced lead pitch, minimum footprint area, and significant volume reduction. As a result, this has led to semiconductor manufacturers developing the small outline package (SOP), surface-mount memory packaging.
Key findings of the study:
- North America is anticipated to account the largest semiconductor IP market share
- Based on the type, processor SIP is projected to dominate the semiconductor IP market
- Licensing led the semiconductor IP market by source in 2017
- In 2017, the electronics segment dominated the market by industry vertical
The Semiconductor IP (SIP) or silicon IP market used for building large and complex ICs required in today’s electronic devices is a highly concentrated market, with only small chunk of leading semiconductor manufacturers, foundries and players accounting for a hefty share of total market revenue in the semiconductor IP industry. It is expected that the market will become even more intense in the near future with big players in the market acquiring smaller semiconductor market participants, and progression in corporate restructuring of business. Therefore, to sustain and grow in the industry, companies will have to obtain or increase their orders for customers doing large volume production.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.