The semiconductor IP market exhibits decent growth potential owing to organizations’ continual needs to improve on their business processes and improve productivity. IP cores could be developed and licensed to another party or can be owned and used by the single party. The design of an integrated circuit comes out of considerable investments in R&D and know-how. Moreover such ICs need incessant enhancement such as reduction in its size. Hence government agencies provide the creator monopoly right of exploitation. Additionally, these can be used for building within semiconductor chips to make additions to the characteristics and advanced features by developing them as per the required architectural layout. As technologies are shrinking further to the sub-nanometeric levels, the designer’s abilities for the complete utilization of that space are challenged. IP is critical in bettering the productivity of design for advanced level design processes and hence sees a huge potential in the global market.
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Semiconductor IP market players outsource the IP R&D activities that do not belong to the core of their product differentiation. The growth in the trend of third-party IP vendors and increased licensing of advanced intellectual property blocks and with some strategic changes several key players are bound to change the landscapes of the global semiconductor IP market thus making the semiconductor intellectual property market expand at a rate two times faster than the overall semiconductor market in size and prominence. The semiconductor IP market is segmented on the basis of a number of factors such as on the basis of form factors that includes system-on-chip IP market and integrated circuit IP Market. It is also segmented on the grounds of design architecture, the processor type and the applications of...