 Market overview-min.webp)
Semiconductor IP Market size was over USD 7.72 billion in 2024 and is anticipated to cross USD 21.77 billion by 2037, witnessing more than 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of semiconductor IP is estimated at USD 8.23 billion. The market is estimated to grow on the back of rising demand for system-on-a-chip technology along with increasing growth of multicore processor technology as it has a faster processing rate and supports multithreading. As per recent statistics, multi-core processor results were 35% higher and faster than any other processor variant.
The global semiconductor IP market is also estimated to witness growth on account of the rising number of data centers globally. According to the most recent data, in 2021, there were around 8,000 data centers globally. In 2020, the total data created globally was approximately 59 zettabytes (59 trillion gigabytes), and by the end of includes 2025, the amount of data creation is projected to reach 175 zettabytes.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
8.3% |
|
Base Year Market Size (2024) |
USD 7.72 billion |
|
Forecast Year Market Size (2037) |
USD 21.77 billion |
|
Regional Scope |
|
Design IP (Processor IP, Interface IP, Memory IP)
The processor IP segment is anticipated to hold 35% share of the global semiconductor IP market during the forecast time period. This can be propelled by the growing adoption of processor IP in automotive industry, and the expansion of 5G technology. For instance, by the end of 2025, 5G including technology is projected to reach 1.2 billion connections, that is, about one-third of the global population.
Vertical (Consumer Electronics, Telecommunication & Data Center, Automotive, Industrial, Commercial)
The consumer electronics segment is attributed to garnering the highest market share in the studied period. The major factor attributed to segment growth is the rising production of consumer electronics such as mobiles, computers, printers, scanners, laptops, television, and cameras by the burgeoning population as semiconductor IP to control and handle complex systems.
Our in-depth analysis of the global market includes the following segments:
|
Design IP |
|
|
IP Source |
|
|
IP Core |
|
|
Vertical |
|
North American Market Forecasts
By the end of 2037, the North America semiconductor IP market is anticipated to have the biggest market share of 35% among all other markets. This can be attributed to the region's diverse technical developments and the growing semiconductor sector. According to data, the US semiconductor sector contributed USD 240 billion to the GDP of the nation in 2020. Additionally, it is predicted that the rising use of consumer electronics combined with decreased manufacturing and design costs would fuel market expansion in the region throughout the projection period.
APAC Market Statistics
Furthermore, the market in the Asia Pacific is anticipated to expand significantly over the course of the projected period. The regional growth can be impelled by the rising popularity of smart devices like smartphones, smartwatches, and bands. For instance, the estimated number of smartwatch shipments in China topped 40 million units in 2020, and by the end of 2022, 55 million devices are expected to be shipped. Additionally, Asian businesses have recently become more competitive in the sector of electronic creation. Asia-Pacific firms are attempting to establish a strong position in the global electronics industry by leveraging significant competitive advantages like low labor costs, in-house technical advancements, smartphones, electric cars, and more. This is helping to foster the expansion of semiconductor IP in the region.
 Market size-min.webp)
eMemory Technology Inc., a market leader in semiconductor intellectual property today announced its collaboration with Intel Foundry Services (IFS) Accelerator – IP Alliance. With this partnership, IFS customers are expected to be able to use eMemory’s Neofuse, NeoPUF, and PUF-based security IP for their further designs on Intel’s technology.
CEVA Inc., the market leader in wireless connectivity and smart sensing technologies established a commercial partnership with U.S. Defense Advance Research Projects Agency (DARPA) for technology innovation at DARPA programs. This partnership is presumed to help CEVA to extend its portfolio and ecosystem in DARPA research programs.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?