The Semiconductor Intellectual Property (IP) Market 2021 research study has 167 market data Tables and 54 Figures spread through 232 Pages and in-depth TOC. The global semiconductor IP market is estimated to be USD 5.6 billion in 2020 and projected to reach USD 7.3 billion by 2025; at a CAGR of 5.5%. Key factors fueling the growth of this market include the advancement in multicore technology for the consumer electronics industry, increasing demand for modern SoC (system on chip) designs, mitigation of the continuously rising chip design cost and expenditure, growing adoption of connected devices for daily use, increasing demand for electronics from healthcare industry due to COVID-19, and increasing demand for teleconference instruments amid the COVID-19 pandemic.

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The processor IP segment of the semiconductor IP market, by design IP is estimated to hold the largest market share in 2025. 5G technology is driving massive increment in speed, bandwidth, and data throughput for automotive and mobile applications by introducing carrier aggregation and increased throughput with advanced modulation via mmWave spectrums. This has added a great deal of complexity for infrastructure, baseband, and application processor technologies. In order to address this complexity, new innovative processor IPs are required. All these factors are expected to contribute to the growth of the processor IP market during the forecast period.
The IDM segment of the semiconductor IP market, by functionality, is expected to register a higher CAGR during the forecast period. IDM companies are investing heavily in research and development to develop technologically advanced, energy-efficient, and miniature products such as MEMS sensors, LEDs, memory devices, interposers, and logic devices to be used in various applications, including consumer electronics, automotive, and medical. Such developments are expected to increase their market growth during the forecast period and aid in the growth of the semiconductor IP market.

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Americas is expected to hold the largest share of the semiconductor IP market in 2025. The growth in the region can be attributed to the increasing adoption of IoT–enabled connected devices. Also, the growing government support to develop the semiconductor market in American countries, such as US and Canada, is expected to drive the semiconductor intellectual property (IP) market during the forecast period. For instance, the US government introduced the CHIPS Act to provide a range of federal investments to companies and encourage the next generation of semiconductor manufacturing. The Act provides a 40% refundable income tax credit for the semiconductor manufacturing industry and funds up to USD 12 billion to promote research in advanced semiconductor technologies. Such developments are expected to drive the market for semiconductor IP in Americas.
Arm Holdings (UK), Synopsys (US), Cadence Design Systems, Inc. (US), CEVA (US), Imagination Technologies (UK), Rambus Inc. (US), eMemory Technology Corporation (Taiwan), Mentor Graphics (US), and Lattice Semiconductor Corp. (US) are the key players in the global semiconductor IP market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, collaborations, contracts, and acquisitions to increase their market share.

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