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 is experiencing significant growth, driven by the increasing demand for customized and high-performance semiconductor solutions. Semiconductor IP refers to pre-designed functional blocks or circuits that are licensed to manufacturers for integration into System-on-Chip (SoC) designs, microprocessors, memory devices, and application-specific integrated circuits (ASICs).
With the rapid advancement of artificial intelligence (AI), 5G technology, Internet of Things (IoT), and autonomous vehicles, semiconductor IP is becoming essential for chip optimization, cost reduction, and faster time-to-market. Companies are increasingly relying on third-party semiconductor IP providers to develop efficient and scalable chipsets for various applications, including consumer electronics, automotive, healthcare, and telecommunications.
Market Growth Drivers:
Several key factors are driving the expansion of the Semiconductor Intellectual Property market, including:
Rising Demand for System-on-Chip (SoC) Designs
With the increasing complexity of modern electronic devices, SoC integration has become a crucial trend in semiconductor manufacturing. Semiconductor IP plays a key role in enhancing chip functionality, reducing power consumption, and optimizing performance.
Growth of Artificial Intelligence (AI) and Machine Learning (ML) Applications
AI-powered processors and ML accelerators require customized semiconductor designs for efficient computing. Semiconductor IP enables companies to integrate specialized AI cores, neural processing units (NPUs), and edge computing solutions into their chipsets.
Expansion of 5G and IoT Technologies
The deployment of 5G networks and the growing adoption of IoT devices are fueling demand for low-power, high-speed, and secure semiconductor IP solutions. These technologies require advanced wireless communication protocols, RF modules, and sensor integration to support seamless connectivity.
Increasing Adoption of Autonomous and Electric Vehicles (EVs)
The automotive industry is witnessing a major shift toward autonomous driving and EV technology. Semiconductor IP is essential for developing advanced driver-assistance systems (ADAS), in-vehicle connectivity, battery management systems, and sensor fusion technologies.
Cost and Time Efficiency in Semiconductor Development
Developing a new semiconductor design from scratch is both time-consuming and expensive. Licensing pre-verified semiconductor IP blocks allows companies to accelerate product development, reduce costs, and enhance innovation without compromising performance.
Major Key Players:
- ARTERIS, INC
- Cadence Design Systems, Inc.
- CEVA, Inc.
- Dolphin Design
- Dream Chip Technologies GmbH
- eMemory Technology Inc.
- Eureka Technology, Inc
- Frontgrade Gaisler
- Imagination Technologies
- Lattice Semiconductor
- Rambus
- Silicon Storage Technology, Inc.
- Synopsys, Inc.
- VeriSilicon
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/semiconductor-intellectual-property-market
Recent Developments in the Semiconductor Intellectual Property Market:
- September 2023: VeriSilicon announced that Inuitive, a leading vision-on-chip processor company, has integrated its dual-channel Image Signal Processor (ISP) IP into the mass-produced NU4100 vision AI processor. This IP features low latency and low power consumption, enhancing imaging and vision performance across a wide range of applications, including robots, augmented reality (AR), virtual reality (VR), mixed reality (MR), and drones.
- March 2023: eMemory Technology Inc. and United Microelectronics Corporation (UMC), a leading global semiconductor foundry, achieved qualification of eMemory’s Resistive Random Access Memory (RRAM) IPs on UMC’s 22nm ultra-low-power process. This development strengthens UMC’s embedded memory portfolio for IoT and mobile applications, while both companies continue to collaborate on new RRAM solutions for the automotive sector.
- March 2023: Rambus announced the expansion of its security IP portfolio by incorporating IP cores such as Arm CryptoCell and CryptoIsland Root of Trust. This enhancement enables customers to access a comprehensive security IP suite tailored to their specific architectures. Additionally, Rambus will provide ongoing support, maintenance, and development for Arm security IP to ensure robust protection in semiconductor applications.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
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 growing rapidly, driven by technological advancements, increasing demand for AI-powered chips, 5G infrastructure, and automotive semiconductor innovations. As semiconductor complexity rises, companies are turning to third-party IP providers to accelerate development, reduce costs, and enhance chip performance.
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