News Article

Semiconductor IP Market To Reach USD $7 Billion By 2027


The global semiconductor intellectual property (IP) market was valued at US$ 4,111.0 Million in 2019 and is expected to surpass US$ 7,103.0 Million by 2027, registering a CAGR of 8.9% during the forecast period (2020-2027), as highlighted in a report published by Coherent Market Insights.

The automotive sector is focusing on continuous innovation and the semiconductor intellectual property will continue to play a major role in the advancement of this industry. As the automotiveindustry continues to develop self-driving technology, automotive electronics are expected to play an integral role in enabling these capabilities. The safety features in today's automotive SoCs (systems-on-chip) requiressemiconductor IPs. The growth of semiconductor intellectual property in theautomotive industry is due to increasing application of microcontroller units (MCUs), microprocessor units (MPUs), sensors, interfaces, analog integratedcircuits (ICs), and memory products in autonomous and premium cars. All major vehicle manufacturers such as Mitsubishi Motors Corporation, Renault, and Tata Motors are focusing on providing safety components in a vehicle such as high-tech sensors, cameras, advanced driver-assistance systems (ADAS), and other parts that mitigate accidents. Therefore, with launch of modern cars equipped with various features and more to come in driverless cars, semiconductor intellectual property will play a major role in facilitating further innovation.

Growing adoption of modern system on chip(SOC) designs is expected to drive the market growth during the forecast period. Semiconductor IP cores are combined with the system on-chip (SoCs) and application specific integrated circuit (ASICs) products. Such products arethen used for the production of chips, which are then installed in automobiles, MP3 players, televisions, smartphones, and others. In addition, there is rise in the demand for smart and power efficient devices, which propels demand for the SoCs. This, in turn, is projected to drive growth of the semiconductor IP market. For instance, in June 2020, Qualcomm Technologies, Inc. launched its new product 'Snapdragon 690 System-on-chip,' to support its Snapdragon 6-series processors. The Snapdragon 690 is specifically designed for 5G connectivity and supports both standalone (SA) and non-standalone (NSA) modes.

Semiconductor Intellectual Property (IP) Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all the industries including, infrastructure, automotive, manufacturing, and others. To combat COVID-19 pandemic, most of the countries have implementedlockdowns and are now easing it phase-wise and industry-wise. This has significantly impacted the manufacturing sector as the facilities across the globe were temporarily shut down. The slowdown in production by automotive OEMs due to COVID-19 crisis has resulted in demand variation for semiconductor chips. Furthermore, demand for PC/server, wired communication, and consumerproducts has dropped. Thus, consequently impacting the semiconductor intellectual property (IP) market growth. However, the demand for wireless communication has increased. Accelerated demand for cloud infrastructure tosupport distributed workforce will have a positive impact on the global semiconductor intellectual property (IP) market in the long term.

Key Trends and Analysis of the Global Semiconductor Intellectual Property (IP) Market:

• Asia-Pacific held dominant position in the global semiconductor intellectual property (IP) market in 2019 and is expected to retain its dominance throughout the forecast period. This is attributed to increasing per capita income and disposable income of consumers in China and India For instance, according to the World Bank data published in 2020, China registered a per capita income of US$ 10,261.6 in 2019 from US$ 8,879.4 in 2017. This significant increase in the per capita income resulted into enhanced demand for consumer electronic items such as smart phones and tablets.

• North America is expected to show significant growth over the forecast period, owing to high presence of fabless companies in the North America. North America has about over 500 fabless firms including large enterprises such as Intel Corporation and Qualcomm Inc., according to CMI's study. In addition to this, key vendors in this region are focusing on strategic acquisitions to enhance their customer base. For instance, in August 2019, Rambus Incorporated acquired Northwest Logic Inc., a U.S.-based supplier of memory products, PCIe (Peripheral Component Interconnect Express), and MIPI (mobile industry processor interface) digital controllers.

• Among design IP, the processor IP segment held a dominant position in the market in 2019 and is expected to retain its dominance during the forecast period. This is owing to the increasing demand of consumer electronic items, advanced driver assistance systems (ADAS), and in infotainment system in automobiles. Moreover, the increasing demand for advanced semiconductor processors in smart-phones, tablets, and laptops is also expected to propel the growth of processor IP segment.

• Major players operating in the global semiconductor intellectual property (IP) market include Arm Holdings, Synopsys, Inc., Cadence Design Systems, Inc., Imagination Technologies Limited, Lattice Semiconductor Corporation, CEVA, Inc., Rambus Incorporated, Silvaco Inc., Intel Corporation, eMemory Technology Inc., Dream Chip Technologies GmbH (Goodix Technology Co. Ltd.), VeriSilicon Microelectronics (Shanghai) Co., Ltd., Achronix Semiconductor Corporation, Open-Silicon, Inc., Dolphin Design SAS, Faraday Technology Corporation, Xilinx, Inc., Mentor, a Siemens Business, Semiconductor Manufacturing International Corp. (SMIC), Cobham Gaisler AB, Arasan Chip Systems Inc., HDL Design House, Mixel Inc., and TDK Corporation (InvenSense).

AngelTech Live III: Watch the virtual event ON-DEMAND!

AngelTech Live III was broadcast live on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and features online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

The event covered the whole spectrum of key developments affecting the compound semiconductor industry. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. This was considered a roadmap for this device, along with technologies for boosting its output.

With 3 interactive sessions over 1 day AngelTech Live III proved to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.


Nordson Ships First SELECT Unit From New Global Manufacturing Facility
Brewer Science Recognized As Certified B Corporation
Brewer Science Demonstrates Smart Devices & Printed Electronics Capabilities
Luvata Announces €34M Investment In Finland Hot Extrusion Line
ASM AMICRA Unveils Three New Manufacturing Systems
CleanSurF - AP&S New Cleanliness Guarantor For Carriers, Boxes, SMIFs And FOUPs
Brewer Science Achieves ISO 45001:2018
Blaize Announces $71 Million Series D Financing
Renesas And Syntiant Develop Voice-Controlled Multimodal AI Solution
SiTime MEMS Timing Solution To Support Raytheon’s Precision Guidance System
Picosun Strengthens Its Presence In Southeast Asia
Smart Eye And OmniVision Announce End-to-End Interior Sensing Solution
Xenics Introduces CERES T 640
FormFactor Introduces Automated Cryogenic Wafer Probe System
SiTime MEMS Oscillators Support Square Point-of-Sale Products
Winbond’s Successful Interoperability Of OctalNAND Flash With Synopsys DesignWare AMBA IP
Picosun’s PicoArmour Reduces Semiconductor Manufacturing Costs
OmniVision Announces Industry’s First 8 Megapixel Medical-Grade Image Sensors For Single-Use And Reusable Endoscopes
EV Group Launches First Step And Repeat Mastering Services For Nanoimprint Lithography
Pfeiffer Vacuum Introduces New HiScroll ATEX Scroll Pump
Park Systems Announces Autonomous AFM With Built-in Intelligence
5G Is A Game-Changer For Semiconductors
TESCAN New Delayering Capability For Unattended, Automated Failure Analysis
Semiconductor IP Market To Reach USD $7 Billion By 2027

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
Live Event