Growing Digitalization Trend in Many Industries Drives Striking Demand Avenues in Semiconductor IP Market: TMR

Growing Digitalization Trend in Many Industries Drives Striking Demand Avenues in Semiconductor IP Market: TMR

PR Newswire

ALBANY, N.Y., Oct. 5, 2020

- The global semiconductor IP market is likely to grow at CAGR of ~6% during the forecast period of 2020 to 2030. It is predicted to collect around US$ 8.3 Bn of revenues by 2030 end

- North America semiconductor IP market is estimated to grow at rapid rate in the assessment period

ALBANY, N.Y., Oct. 5, 2020 /PRNewswire/ -- Semiconductor IPs (Intellectual Property) are generally used to advance the functionality of products related to IoT (Internet of Things).ASIC, memory IP, interface IP, verification IP, and processor IP are some of the important products available in the global semiconductor IP market. These products find application in numerous end-use industries including telecommunications, healthcare, consumer electronics, and automotive.

Transparency Market Research

Analysts at TMR underline that the vendors working in the global semiconductor IP market will gain promising demand avenues during the forecast period of 2020 to 2030. One of the key reasons attributed to this scenario is long-term digitalization trend across various industries, such as automotive, healthcare, and telecom.

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Key Findings of Semiconductor IP Market Report

Explore 186 pages of top-notch research, incisive insights, and detailed country-level projections on Semiconductor IP Market (Type: Verification IP, ASIC, Memory IP, Interface IP, and Processor IP; Architecture Design: Hard IP Core and Soft IP Core; and End User: Healthcare, Telecommunications, Automotive, Consumer Electronics, and Others [Industrial Equipment, etc.]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/semiconductor-ip-market.html

Semiconductor IP Market: Key Driving Factors and Promising Avenues

Analyze global semiconductor IP market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Semiconductor IP Market: Competitive Assessment

Major vendors operating in the global semiconductor IP market are focused on strengthening their production capabilities. At the same time, several enterprises are eyeing the development of technologically advanced products. To achieve this motive, many players are entering into partnership and collaboration agreements.All these moves are foreseen to help in development of the global semiconductor IP market in the assessment period of 2020 to 2030.

The list of important companies in the semiconductor IP market includes Altera (Intel Corporation), Avery Design Systems, Cadence Design Systems, Inc., Arm Limited, CEVA, Inc., CAST, Inc., Imagination Technologies Limited Mentor (a Siemens Business), and Silicon Corporation (an Inphi Corporation Company).

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The Semiconductor IP Market is segmented as follows:

Type

Architecture Design

End User

Region

Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry:

Product Lifecycle Management [PLM] Market – The growing need for product innovation, productivity enhancement, and decline in operational cost are key factors driving the growth of the Product Lifecycle Management (PLM) market. A PLM solution increases the productivity of a system substantially by providing various tools and methodologies to reduce redundancies.

Semiconductor Wafer Cleaning Equipment Market – The global semiconductor wafer cleaning equipment market is primarily being driven by a growing concern for upgrading and enhancing products and production standards in the semiconductor devices industry. Increasing device performance and reliability are core quality standards that the semiconductor industry goes by, and the global semiconductor wafer cleaning equipment market is an essential part of that process.

Semiconductor Assembly and Test Services Market – The global semiconductor assembly and test services (SATS) market is expected to expand significantly during the forecast period, due to the high demand for consumer electronic products that require a semiconductor assembly, such as smartphones, tablets, set-top boxes, television sets, monitors, displays, speakers, computers, and refrigerators.

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