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Semiconductor IP Market Estimated to Reach $5.63 Billion by 2020 – New Report by MarketsandMarkets
Date:7/23/2014

he advent of System-on-Chips), design capabilities resources have not kept pace with the developments in this technology ensuing in a widening design gap between their advancing manufacturing potential and restrained design capabilities. In order to address this widening design gap, several semiconductor designers and manufacturers are progressively choosing to license silicon-proven intellectual property (IP) such as processor cores, memory and application-specific logic blocks, and many more, from third party Semiconductor (silicon) Intellectual Property (SIP) companies rather than developing those technologies internally.

Semiconductor IP cores are being widely used in diverse application sectors with primary bases in computer and peripherals, telecom infrastructure, networking technologies, and mobiles and tablets primarily to save crucial design time and expenditure. In addition, these IP cores are rapidly penetrating into new application sectors such as automotive, industrial, medical, defense, and aerospace. It is also estimated that the semiconductor IP cores have huge growth opportunities especially in avionics, aerospace, and defense applications as these sectors are increasingly becoming dependent on highly sophisticated, complex electronic systems. The demand in the field of electronic and semiconductor hardware components is increasing and has developed a need for searching for new means in the choice of execution. There is a need for high quality semiconductor solutions with long-term life cycle. Avionics, aerospace, and defense industries are expected to be the emerging markets for semiconductor IP cores with huge growth opportunities in the next few years. Currently, the demand for such semiconductor chips in these industries is very high. The demand for highly skilled technical manufacturing procedures and fail-proof designs from suppliers is also quite high along with protracted product accessibility and support, as failure cannot be afford
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