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(IT-NEWSWIRE.COM, January 18, 2019 ) Semiconductor Intellectual Property market size will grow from XX Million USD in 2018 to XX Million USD by 2024, at an estimated CAGR of XX%. The base year considered for the study is 2017, and the market size is projected from 2019 to 2024.
Semiconductor intellectual property (IP) is widely used to develop advanced products by utilizing semiconductor IP cores. Semiconductor IP improves design efficiency at advanced design processes and reduces manufacturing and designing cost. Semiconductor companies are subcontracting the IP design and development activities not core to the product. Semiconductor intellectual property involves designing and developing IP cores for the effective and efficient manufacturing of exclusive devices. The demand for reduced designing costs and an increase in adoption of modern system on chips (SoCs) designs for various applications is driving the global semiconductor intellectual property market. The adoption of semiconductor intellectual property is expected to rise in the coming years, due to an increase in awareness about licensed semiconductor devices.
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This is due to high competition in the market to develop innovative products. Thus, development in technologies such as embedded DSP IP (digital signal processing IP) and programmable DSP IP is likely to provide significant market opportunities for semiconductor intellectual property service providers. Furthermore, increase in demand for semiconductor IP in the automobile industry is expected to provide substantial growth opportunities to the market. Economic pressure on companies is increasing due to the requirement of expertise and labour to manufacture elementary semiconductor components with different specifications. This pressure is reduced by outsourcing the manufacture of semiconductor components with the help of semiconductor intellectual property by licensing the technology and paying royalties. Thus, companies are leaning toward the reduction of capital expenditure and increasing investments in core products. This is anticipated to boost demand for semiconductor intellectual property.
By Market Players:
Altera (Intel Corporation), Mentor, a Siemens Business, Open-Silicon, Inc., Rambus Inc., Silabtech Private Limited, Synopsys Inc., Avery, Arm Limited, Avery Design Systems, Cadence Design Systems, Inc., Cast Inc., Ceva Inc., eSilicon Corporation, Imagination Technologies Limited, Kilopass Technology Inc.,
By Type
Verification IP, ASIC, Memory IP, Interface IP, Processor IP
By Architecture Design
Hard IP, Soft IP,
By Industry
Health Care, Telecommunications, Automotive, Consumer Electronics, Others (Industrial Equipment, etc.)
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
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Source: EmailWire.Com 
Source: EmailWire.com
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