Semiconductor IP Market 4.87% CAGR to 2023 led by Consumer Electronics Vertical

PUNE, India, October 20, 2017 /PRNewswire/ --

The semiconductor IP market size will reach $6.22 billion by 2023 from $4.44 billion in 2016 at a CAGR of 4.87% during (2017-2023) driven by the advancement in multi core technology for consumer electronics sector, increasing demand for modern SoC designs, rising chip design cost and expenditure and growing demand for connected devices according to RnRMarketResearch.

Browse 82 Market Data Tables and 44 Figures spread through 147 Pages and in-depth TOC on "Semiconductor IP Market by Design IP (processor IP, interface IP, memory IP), Source (royalty and licensing), vertical (consumer electronics, telecom, industrial, automotive, commercial), and Geography - Global Forecast to 2023" http://www.rnrmarketresearch.com/semiconductor-ip-market-by-design-ip-processor-ip-interface-ip-memory-ip-source-royalty-and-licensing-vertical-consumer-electronics-telecom-industrial-automotive-commercial-and-geography-global-fore-st-to-2023-market-report.html .

The major players in the semiconductor IP market are Arm Limited (UK), Cadence (US), Synopsys (US), Imagination Technologies (UK), Lattice Semiconductor (US), CEVA (US), Rambus (US), Mentor (US), Ememory Technology (Taiwan), and Sonics (US), among others. Most of the leading companies have followed the organic growth strategy of product launches to boost the revenue of the company.

The semiconductor IP market in APAC is expected to grow at the highest CAGR during the forecast period owing to the increasing investment in the semiconductor industry and higher consumption rate of consumer electronics in the region. The telecom and automotive verticals are also playing a significant role in the growth of the semiconductor IP market in the region.

Make an Inquiry on Semiconductor IP Market Global Forecast to 2023 research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1219392 .

The semiconductor IP market for the automotive vertical is estimated to grow at the highest CAGR during the forecast period. The automotive sector is offering incredible growth prospects to the semiconductor industry and the semiconductor IP market owing to the increasing application of all the form factors such as memory, processor, interface, and analog systems in safety applications, prominently, as well as in drive assistance, navigation system, parking sensors, and energy-efficiency applications. The boom in semiconductor IP market for automotive is because of autonomous and electric vehicle penetration.

The semiconductor IP market for memory IP is estimated to grow at the highest CAGR during the forecast period. The growth of the market for memory IP is attributed to the need for high-speed, low-power-consuming, and highly scalable memory devices as well as to the growing demand for memory in connected and wearable devices.

Inquire for Discount on "Semiconductor IP Market Global Forecast to 2023" research report at http://www.rnrmarketresearch.com/contacts/discount?rname=1219392 .

The semiconductor IP market has been segmented on the basis of design IP, IP source, vertical, and geography. The study covers the verticals such as consumer electronics, telecom, industrial, automotive commercial, and others. The report also forecasts the market size for various segments with regard to 4 main regions - the Americas, Europe, APAC, and RoW. This report describes the drivers, restraints, opportunities, and challenges for the growth of the semiconductor IP market. The competitive landscape section offers the DIVE matrix that divides the top 25 players into 4 quadrants based on their strength of product portfolio and business strategy excellence.

Breakdown of profile of primary participants:

• By Company Type: Tier 1 - 20 %, Tier 2 - 25%, and Tier 3 - 55%
• By Designation: C-level Executives - 40%, Directors - 25%, and Managers - 35%
• By Region: Americas - 20%, Europe - 25%, APAC - 50%, and RoW - 5%

Another research titled Semiconductor (Silicon) IP Market Forecast & Analysis to 2022 says, the semiconductor IP market is expected to reach $7.01 billion by 2022 from $3.09 billion in 2015, at a CAGR of 10.55% between 2016 and 2022. Internet of Things (IoT) likely to have new growth opportunities for semiconductor IPs. Companies such as ARM Holdings Plc. (U.K.), Synopsys, Inc. (U.S.), Cadence Design Systems, Inc. (U.S.), Imagination Technologies (U.K.), Lattice Semiconductor (U.S.), Ceva, Inc. (U.S.), Rambus, Inc. (U.S.), Mentor Graphics (U.S.), eMemory Technology, Inc. (Taiwan), Sonics, Inc. (U.S.), Vivante Corporation, (U.S.), Atmel Corporation (U.S.), Renesas Electronics Corp. (Japan) have been profiled in this 232 pages research report available at http://www.rnrmarketresearch.com/semiconductor-silicon-intellectual-property-ip-market-2012-2017-global-forecasts-analysis-by-form-factor-design-architecture-processor-type-applications-geography-featuring-in-depth-a-market-report.html .

Explore more reports on Semiconductors Market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics/semiconductors .

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