PUNE,India, March 15, 2016 /PRNewswire/ --
The report "Semiconductor (Silicon) IP Market by Form Factor (Integrated Circuit IP, SOC IP), Design Architecture (Hard IP, Soft IP), Processor Type (Microprocessor, DSP), Application, Geography and Verification IP - Forecast & Analysis to 2022", published by MarketsandMarkets, market is expected to reach USD 7.01 Billion by 2022 from USD 3.09 Billion in 2015, at a CAGR of 10.55% between 2016 and 2022.
Browse 85 Tables and 69 Figures spread through 232 Pages and in-depth TOC on "Semiconductor (Silicon) IP Market".
Early buyers will receive 10% customization on this report.
The driving factors for the growth of this market include increasing demand for advanced SoCs in the consumer sector, increased funding from governments and investors, emerging IoT ecosystem, recovering automotive sector, and growing popularity of miniaturized devices.
SoC IP had the largest market in 2015:
Increase in the demand of smarter and power-efficient electronic devices, demand for multi-core technologies and embedded graphics are the major driving factors for the SoC market. SoCs are being utilized by all smart devices currently, such as smart phones, communication equipment, next-gen automotive, and electrocardiogram (ECG) telemetry devices. The increasing demand for energy efficient devices has led to development of newer SoCs which are more compact in size, faster response time than their predecessors and even consumes much lesser power. Moreover, the increased demand for multi-core technologies and embedded graphics has led to development of advanced SoCs.
Embedded processor IP devices expected to led the semiconductor processor IP market during the forecast period:
Increasing demand for pervasive M2M (machine-to-machine) connectivity and a rich user experience across industries has spurred new opportunities for growth in both traditional and emerging embedded processor market. Emerging multi-core processors such as quad-core and octa-core for enhanced real-time experience in smart consumer electronics such as smartphones and smart wearables is expected to drive the embedded processor IP market.
The mobile & tablets segment expected to dominate the semiconductor IP market during the forecast period:
A Strong consumer demand for smartphones, tablets, and other mobile devices is fueling significant growth within the semiconductor industry, and the rush to develop differentiated and powerful mobile solutions is driving rapid change within the entire ecosystem. Mobile phones and tablets have become the necessity of every individual which has increased the demand for the same; this is expected to drive the semiconductor IP market. Key players in the market such as Synopsys (U.S.), ARM (U.K.), and Rambus (U.S.) design chips exclusively to cater this application sector because of its growth potential.
The market in APAC expected to grow at the highest CAGR during the forecast period
APAC is expected to hold the largest share of the semiconductor IP market by 2022. The major reasons for this are the governments in China, Taiwan, and Japan are actively attempting to boost the domestic semiconductor market and assist local companies in expanding their business globally; Chinese consumers and companies are becoming increasingly important to the growth of the global semiconductor market; increased funding from both government and private sources, is leading to merger, acquisition, investment, and partnership opportunities worldwide.
Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=651
Some of the key players in this market include 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.) and Renesas Electronics Corp. (Japan).
Browse Related Reports
Compound Semiconductor Market by Type (III-V, II-VI, IV-IV, Sapphire), Deposition Technology (CVD, MBE, HVPE, Ammonothermal, MOVPE, LPE, ALD), Product (Power, Opto - Electronic), Application, and Geography - Global Trends & Forecasts to 2013 - 2020
Microcontrollers, DSP, & IP Core Chip Market by Type, Applications (Automotive & Transportation, Consumer Electronics, Industrial, Communications, Security, and Medical & Healthcare) and Geography (Americas, Europe, APAC & ROW) - Analysis & Forecast to 2014 - 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets