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Semiconductor Intellectual Property (IP) Market Size

Report ID: GMI8597
Published Date: Mar 2024
Report Format: PDF

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Semiconductor IP Market Size

Semiconductor IP Market was valued at over USD 7 billion in 2023 and is anticipated to grow at a CAGR of over 8.5% between 2024 and 2032. With increasing demand for AI based applications such as automotive, consumer electronics, and IoT, semiconductor companies are developing customized IP cores. System-on-Chip (SoCs) designs are adopting dedicated AI processing units as well as AI specific hardware blocks.

Semiconductor Intellectual Property (IP) Market

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For instance, in October 2023, Alphawave Semi announced to make custom solutions based on Arm Neoverse Compute Subsystems (CSS) widely available across the technology infrastructure. The advancement paves the way for a new generation of System-on-Chip (SoCs) tailored for hyperscale and data infrastructure customers.

The rising trend of Industrial Internet of Things (IIoT) is driving growth in the Semiconductor Intellectual Property (IP) market, with semiconductor IP providers developing reliable, scalable, and secure IIoT solutions that address the evolving needs of industrial customers and drive digital transformation in the industrial sector. For instance, in October 2023, POLYN Technology was granted its first U.S. patent. The patent focuses on specific applications of POLYN’s VibroSense technology segment, applicable not only to tires, but to the wider Industrial IoT segment.

Semiconductor IP Market Report Attributes
Report Attribute	Details
Base Year:	2023
Semiconductor IP Market Size in 2023:	USD 7 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	8.5%
2032 Value Projection:	USD 15 Billion
Historical Data for:	2018 - 2023
No. of Pages:	220
Tables, Charts & Figures:	302
Segments covered:	IP type, IP core, IP source, end-user
Growth Drivers:	Rising focus of specialized IP cores and integration with AI Proliferation of System-on-Chip (SoC) designs Advancement in technologies Rising trend of Industrial Internet of Things (IIoT) Growing focus towards security and reliability
Pitfalls & Challenges:	Complexity and integration issues Licensing and royalty management

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Managing the licensing agreement, royalties and intellectual property rights is complex and labor-intensive for IP semiconductor providers. Tracking usage and ensuring compliance with contractual obligations requires a sophisticated royalty management system and legal expertise.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Semiconductor IP industry size surpassed USD 7 billion in 2023 and is anticipated to expand at over 8.5 % CAGR between 2024 and 2032 owing to the increasing demand in AI-based applications

Semiconductor intellectual property market from the consumer electronics end-use segment is expected to grow significantly at over 9.5% CAGR from 2024-2032 owing to the increasing use of electronic components by consumers and the shift towards automotive design and focus on safety and security.

Asia Pacific semiconductor IP market size is projected to expand at over 9.9% CAGR between 2024 and 2032 owing to the rising adoption of cutting-edge technologies and a robust regulatory framework, in the region

Some of the major semiconductor IP companies are ARM Limited, Synopsys, Inc, ARTERIS, INC, Cadence Design Systems, Inc., Fujitsu, Imagination Technologies, Lattice Semiconductor, Nvidia Corporation, Qualcomm Technologies, Inc., Rambus.com, Renesas Electronics Corporation., and Silvaco Group, Inc.