Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Semiconductor Intellectual Property (IP) Market size is expected to reach $7.4 billion by 2027, rising at a market growth of 4.8% CAGR during the forecast period.
The Licensing segment is showcasing a CAGR of 6.6% during (2021 - 2027). Licensing refers to a process in which one party sells a patent license to allow the second party to use their intellectual property till the license expires. The growth of the segment is attributed to the one-time cost of the permit. Licensing allows the second party to utilize the intellectual property of a company or an individual with a one-time payment, eliminating the requirement of renewing the patent contract.
The Processor IP segment has acquired maximum revenue share in the Global Semiconductor Intellectual Property (IP) Market by Design IP in 2020, thereby, achieving a market value of $3.0 Billion by 2027. 5G technologies is delivering considerably high speed, bandwidth, and data throughput for vehicle and mobile applications by bringing carrier aggregation and higher throughput with advanced modulation via mmWave spectrums. Basebands, infrastructures, and application processor technologies have become more sophisticated due to these enhancements. Due to this, the demand for a new processor IP is rising. Hence, the growth of this segment is increasing.
The Consumer Electronics segment is leading the Global Semiconductor Intellectual Property (IP) Market by Vertical in 2020, thereby, achieving a market value of $3.1 Billion by 2027. The growth of this segment is attributed to the increasing adoption of the advanced system on chips across the consumer electronics industry. In addition, the growing markets for artificial intelligence, machine learning, and augmented reality, along with the increasing utilization of 5G devices would also increase the demand for semiconductor intellectual property across the consumer electronics sector.
The Asia Pacific is the fastest growing region in Global Semiconductor Intellectual Property (IP) Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.6 billion by 2027. The Europe market is anticipated to grow at a CAGR of 4.7% during (2021 - 2027). Additionally, The North America market would witness a CAGR of 4.6% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Arm Limited (Softbank Group Corp.), Imagination Technologies Limited, Rambus, Inc., eMemory Technology, Inc., Silicon Storage Technology, Inc. (Microchip Technology Inc.), VeriSilicon Microelectronics (Shanghai) Co., Ltd. (VeriSilicon Holdings Co., Ltd.), Synopsys, Inc., Cadence Design Systems, Inc., CEVA, Inc., and Lattice Semiconductor Corporation.
By IP Source
By Design IP
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