Global Semiconductor Intellectual Property (IP) Market size and share is currently valued at USD 7.48 billion in 2024 and is anticipated to generate an estimated revenue of USD 14.28 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.4% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Overview:
The Semiconductor Intellectual Property (IP) market has become a pivotal element in the semiconductor industry, enabling faster and cost-effective development of advanced chip designs. Semiconductor IP refers to reusable design components or building blocks that chip manufacturers license to accelerate product development while maintaining high performance and efficiency. These IP cores are essential for various applications, including consumer electronics, automotive, industrial automation, and telecommunications. As the demand for smaller, faster, and more energy-efficient devices grows, the Semiconductor IP market plays a crucial role in meeting the evolving needs of the global technology landscape.
Market’s Growth Drivers:
Rising Demand for Advanced Consumer Electronics
The proliferation of smart devices, wearables, and high-performance electronics has fueled the demand for semiconductor IP. These IP cores enable manufacturers to develop complex chips that power next-generation devices, ensuring speed, efficiency, and functionality.
Growth of Automotive Electronics and Autonomous Vehicles
The automotive sector’s increasing reliance on semiconductor solutions for advanced driver-assistance systems (ADAS), infotainment, and electric vehicle (EV) components is driving the adoption of semiconductor IP. These reusable design components are critical for developing chips that meet the industry’s stringent performance and safety standards.
Expansion of 5G and IoT Ecosystems
The global rollout of 5G networks and the proliferation of IoT devices have created a surge in demand for semiconductor IP. These cores are integral to developing chips that enable faster data transmission, lower latency, and seamless connectivity across various IoT and communication applications.
Emphasis on Time-to-Market Efficiency
In the highly competitive semiconductor industry, reducing time-to-market is a key priority. Semiconductor IP provides a pre-verified and tested foundation, allowing manufacturers to streamline chip design processes and accelerate product development.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
Some of the major players operating in the global market include:
- Achronix Semiconductor Corporation
- ALPHAWAVE SEMI
- Analog Bits
- Arm Limited
- ARTERIS, INC
- Cadence Design Systems, Inc.
- CEVA, Inc.
- Dolphin Design
- Dream Chip Technologies GmbH
- eMemory Technology Inc.
- Eureka Technology, Inc
- Frontgrade Gaisler
- Imagination Technologies
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Semiconductor Intellectual Property Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Semiconductor Intellectual Property (IP) Market, IP Core Outlook (Revenue, USD Billion, 2019-2032)
- Hard IP Core
- Soft IP Core
Semiconductor Intellectual Property (IP) Market, Design IP Outlook (Revenue, USD Billion, 2019-2032)
- Interface IP
- Memory IP
- Processor IP
- Other IPs
Semiconductor Intellectual Property (IP) Market, Interface Type Outlook (Revenue, USD Billion, 2019-2032)
- PCIe
- USB
- MIPI
- Die-to-Die & SerDes
- DDR
- Ethernet
- Others
Semiconductor Intellectual Property (IP) Market, IP Source Outlook (Revenue, USD Billion, 2019-2032)
- Royalty
- Licensing
Semiconductor Intellectual Property (IP) Market, End User Outlook (Revenue, USD Billion, 2019-2032)
- Foundry
- Integrated Device Manufacturer (IDM)
- Others
Semiconductor Intellectual Property (IP) Market, Vertical Outlook (Revenue, USD Billion, 2019-2032)
- Commercial
- Industrial
- Automotive
- Telecommunications & Data Center
- Consumer Electronics
- Others
The Semiconductor Intellectual Property market is poised for significant growth, driven by the rising demand for advanced consumer electronics, automotive solutions, 5G infrastructure, and AI applications. Key trends such as customizable IP solutions, RISC-V adoption, and security-centric designs are shaping the future of the market. As the semiconductor industry continues to evolve, semiconductor IP will remain a critical enabler of innovation and efficiency, powering the next generation of technological advancements.