Semiconductor IP Market - Overview
Market
Research Future (MRFR) has segmented the semiconductor intellectual property
(IP) market into type, application and region.
By
type, the market is sub-segmented into processor IP, interface IP, and memory
IP. Among these, processor IP is leading the market. Processor IP includes
microprocessor IP, microcontrollers, and digital signal processors IP. Whereas,
memory IP market is projected to grow with fastest growing CAGR during the
forecast period due to increasing technological advancement in smartphones and
tablets. Memory IP is further segmented into DRAM IP, NAND IP, and SRAM IP. The
market for DRAM IP is evolving through two different applications— the need for
highspeed high-density semiconductor devices in personal computer graphics and
car navigation systems, and low power consuming semiconductor components for
mobile information devices such as video cameras and digital still cameras.
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By
application, the market is divided into consumer electronic devices, mobile
computing devices, networking, automotive, and industrial automation, among
others. Among these, currently, consumer electronics application is dominating
the market. Semiconductor IP have significant applications in a wide range of
consumer electronic devices which include gaming consoles, wearables such as
AR/VR headsets, set-top box, digital TVs, home automation/home networking
devices and digital imaging devices. Whereas, automotive applications are
projected to grow with highest CAGR during the forecast period. Semiconductor
IPs have several applications in the automotive industry. Infotainment systems
installed in cars requires semiconductor memory IPs. Active noise control
systems used to cancel unwanted noise while driving in automobiles use NAND
flash in their interface IPs. Another important automotive application of
semiconductor IPs is its use in vehicle-to-vehicle and
vehicle-to-infrastructure communication systems. Vehicle-to-vehicle
communication systems are gaining importance in the automobiles due to the
shift towards autonomous vehicles. V2V and V2I systems make use of NAND flash
for their interface IP.
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Key
Players
Semiconductor
Intellectual Property (IP) is ears to be competitive in the coming years owning
to the presence of numerous large players active in regional market. Micron
Technology Inc., Samsung, SK Hynix Inc., Synopsys, Inc., Rambus Inc., Cadence
Design Systems, Inc., Arm Limited, Dolphin Integration, eSilicon Corporation,
and Mentor, Lattice Semiconductor, Sonics, Inc., Achronix Semiconductor,
Xilinx, and Semiconductor Manufacturing International Corp. (SMIC) among others
are the
companies leading the market globally.
The key strategies
traced from the analysis of recent developments of the key players include
Product Launch, Agreement & Partnership, Acquisition and expansion.
Strategic partnerships between Key players support the growth and expansion
plans of the key players during the forecast period. On the product and sales
side, companies are investing in innovation/R&D, brand building, and
fostering strong relationships with customers to support their competitive
position.
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