Semiconductor Intellectual Property Market Size, Share, Opportunities And Trends By Revenue Type (License, Royalty, Services), By IP Type (Processor IP, Interface IP, Memory IP), By Application (Automotive, Electronics, Aerospace, Data Centres, Others), And By Geography - Forecasts From 2023 To 2028

A logic chip or unit that can be repurposed is a semiconductor intellectual property (IP), which belongs to a circuit. This intellectual property (IP) is used as a building component in integrated circuit designs or field-programmable gate array (FPGA) logic designs. Using the pre-existing building blocks, semiconductor intellectual property (IP) facilitates quicker chip creation. It is also in charge of increasing any device's quality, which raises the effectiveness of the device. The miniaturization of electronic devices, the increasing adoption of the Internet of Things (IoT), and wearable technology are anticipated to boost the expansion of the semiconductor intellectual property market. According to PIB reports, in February 2022, the Indian semiconductors market was valued at USD 15 billion in 2020, and it is predicted to be around USD 63 billion by 2026. This shows the market for semiconductor intellectual property will grow during the forecasted period.

The rising semiconductor equipment usage in consumer electronics will boost the market growth

The consumer electronics sector over the past couple of years is witnessing significant growth owing to the surge in demand. Every consumer electronic product, including cell phones, tablets, and other gadgets, uses semiconductor intellectual property. The demand for semiconductor intellectual property has grown as a result of the high level of customer demand for better and more sophisticated smartphones and devices. According to World Bank data, by the end of 2021, there were 6.3 billion smartphone subscriptions, accounting for roughly 77% of all mobile phone subscriptions, and by 2027, this figure is expected to rise to 7.8 billion. The increasing use of smartphones will give rise to IP product launches which will boost positively impact the market. For instance, in May 2020, Arm Holdings introduced its 5G-enabled intellectual property (IP), which included the Arm Cortex-A78 CPU, Arm Mali-G78 GPU, Arm Ethos-N78 NPU, and other parts designed especially for mobile connectivity devices like smartphones. The rising semiconductor IP usage in electronics and the development of new, enhanced products in IP are anticipated to boost the semiconductor intellectual property market growth.

The increase in semiconductor sales will boost the semiconductor IP market growth.

IP is used in semiconductors as reusable logic or integrated circuit (IC) configuration unit and with the increase in semiconductor sales the semiconductor intellectual property will also expand. According to World Semiconductor Trade Statistics estimates that global semiconductor industry sales were USD 43.6 billion in May 2021, up 4.1% from April 2021's total of USD 41.9 billion and a 26.2% rise over May 2020's total of USD 4.6 billion. As per the same source, the global semiconductor industry is anticipated to reach US$ 680 billion in 2023, up 5.1% from 2022. As the sales and market of semiconductors grow the demand for semiconductor IP which will boost the semiconductor intellectual property market growth.

During the forecast period, the Asia Pacific region is expected to dominate the market

The Asia Pacific is predicted to hold a significant market share in the semiconductor intellectual property market during the forecast period owing to the growing semiconductor consumption coupled with favorable investment by major players in their semiconductor manufacturing capacity. For instance, the Samsung Group announced plans in May 2022 to invest approximately USD 489 billion over the following five years in the Asia Pacific region to create semiconductors and biologics. According to the World, Semiconductor Trade Statistics forecast Taiwan semiconductor manufacturing recorded sales revenues of TWD625.53B for the fourth fiscal quarter of 2022. These investments in the semiconductors industry and increasing semiconductor sales will boost the semiconductor intellectual property market growth in the Asia-pacific region during the forecasted period.

Market Key Developments

• In June 2021, Faraday Technology Corporation unveiled its LPDDR4 and LPDDR4X combination PHY IP up to 4.2Gbps. The silicon-proven solution has a smaller footprint, lower power, and higher bandwidth for multi-media, AR/VR, AI edge computing, IoT, IIoT, Robot, MFP, SSD, 5G, and networking apps.
• In May 2021, Cadence Design Systems, Inc. launched low-power intellectual property (IP) for the PCI Express 5.0 specification that is intended for hyper-scale computing, networking, and storage apps built on the TSMC N5 process technology.

Semiconductor Intellectual Property Market Scope:

Segmentation

• By Revenue Type
  • License
  • Royalty
  • Services
• By IP Type
  • Processor IP
  • Interface IP
  • Memory IP
• By Application
  • Automotive
  • Electronics
  • Aerospace
  • Data Centres
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    •  Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Suadi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Others