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.
Author Credits: Abhishek Verma
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