Global Semiconductor Intellectual Property Industry to 2026 – Consumer Electronics Account for Dominant Market Share – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD)–The “Semiconductor Intellectual Property (Silicon) Market – Growth, Trends, COVID-19 Impact, and Forecast (2021-2026)” report was added to ResearchAndMarkets.com offer.
The global semiconductor intellectual property market was valued at USD 4,321.3 million in 2020 and is expected to reach USD 6,923.2 million by 2026, registering a CAGR of 7.4%, during the period 2021- 2026.
Faraday Technology Company
ARM Ltd (SoftBank)
Cadence Design Systems Inc.
Andean Technology Company
Digital media professionals
Imagination Technologies Ltd
VeriSilicon Holdings Co., Ltd
Achronix Semiconductor Corporation
EMemory Technology Inc.
Wave Computing, Inc.
Key market trends
Consumer electronics account for dominant market share
The consumer electronics segment is the dominant segment and has seen very high demand in recent years. Semiconductor IP addresses are used in all consumer electronics products, such as smartphones, tablets, and other devices. Due to the strong consumer demand for better and more advanced smartphones and devices, the demand for solid-state IP has increased.
The main driver of this market includes the adoption of emerging consumer devices across the globe, the demand for connected devices coupled with the demand for advanced SOC designs. Emerging technologies such as embedded and programmable IP DSPs are expected to continue to drive the market in the future.
In a smartphone, the incorporation of solid-state IP makes the device more efficient, smaller and lighter, as the System-on-Chip concept is implemented here. System-on-Chip concept combines all major components such as memory unit, processor unit and others stored on a silicon chip, allowing the device to be more energy efficient and more efficient to use.
The demand for tablets has seen a slight decline in recent years, due to its larger size compared to smartphones. But anyway, it’s still a major segment that uses solid-state IPs.
There are high costs associated with technology. The cost of its adoption is high, which has hampered the growth of this market.
North America is expected to have significant market share
The United States is one of the major markets in the overall semiconductor market, from a supplier and end-user perspective. The growing need for intelligent command and control in many industries in the United States presents critical market opportunities for many semiconductor manufacturers. For example, Hitachi Ltd announced the merger of the subsidiaries of Hitachi America, Hitachi Semiconductor (America) Inc. and Hitachi Micro Systems Inc., to create a unified organization focused on the North American region, specifically the United States.
Most of the market vendors are expanding their presence in the area. In addition, many market vendors are based in the United States, which provides a competitive advantage for the regional market. The US government is also playing an important role in the development of the regional semiconductor business, which also supports the IP silicon semiconductor market.
Semiconductor development has faced a lack of access to domestic sources of capital, particularly in the pre-seed, seed and startup cycles and subsequent stages across the country. This has led to a significant percentage of foreign ownership in Canadian companies. At the same time, a lack of funding has created an unfavorable environment for Canadian companies to pull out too soon.
Additionally, Canadian graduates are some of the best STEM talent in the world as they are sought after by global semiconductor companies for well-paying, highly skilled jobs. According to Statistics Canada, 25% of all post-secondary enrollments were in computer and electronics related programs in 2019. With Canada having a rich technological talent pool, the Council is keen to keep its national talents indoors. .
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market overview
4.2 Introduction to Market Drivers and Constraints
4.3 Market drivers
4.3.1 Growing demand for connected devices
4.3.2 Growing Demand for Modern SoC Designs
4.4 Market restrictions
4.4.1 Intellectual property business model and economies of scale
4.5 Industry Attractiveness – Porter’s Five Forces Analysis
4.6 Industry Value Chain Analysis
4.7 Assessment of the impact of COVID-19 on the market
5 MARKET SEGMENTATION
5.1 Type of income
5.2 Type of IP address
5.3 End user vertical
6 COMPETITIVE LANDSCAPE
6.1 Company profiles
7 INVESTMENT ANALYSIS
8 FUTURE OF THE MARKET
For more information on this report, visit https://www.researchandmarkets.com/r/vtt8e0