Market Highlights
The latest report published by Market Research Future (MRFR) states that the global semiconductor memory IP market industry is valued over USD 580 Mn and is estimated to thrive at a CAGR of 13.50% during the forecast period from 2018-2023. The key players are expected to find considerable opportunities in APAC and North America in the coming years. APAC happens to be the most productive market for semiconductor memory IP. The increasing customers of equipment like tablets, smartphones, and laptops have heightened the requirement for the semiconductor memory IP market industry. The introduction of the high-end mobile application is fueling the development of semiconductor memory IP industry growth.
Developers are bound to introduce new semiconductor solutions to meet the requirements of modern computation devices. The relentless expansion of memory capacities in devices has been made possible with the help of powerful chipsets and processors. Higher investments in semiconductor R&D is likely create new growth avenues for market players in the years to come.
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Segmentation:
MRFR’s report includes a comprehensive analysis of the market based on types, applications, and regions.
On the basis of type, the market is classified into Dynamic-random access memory (DRAM), Static Random-Access Memory (SRAM), and Negative AND (NAND). The DRAM segment currently values for more than one-third share of the market. In 2017, the sector accounted for more than USD 200 million and was estimated to witness a healthy growth rate over the assessment period. DRAMS are the memory cells which consist of capacitors and transistors. They find widespread application in electronic equipment, and also in next-generation data centers, artificial intelligence, enterprise servers, personal computers, enterprise servers, network systems, artificial intelligence, and ranging from high-performance computing (HPQ). The NAND segment stands at the second position and is estimated to be beneficial over the next couple of years.
On the basis of application, the market is segmented into consumer electronic devices, mobile computing devices, industrial automation, mobile computing devices, automotive, and others. Out of these, the consumer electronic device segment makes the highest contribution and is likely to maintain the position. Moreover, the sector is expected to fetch a market growth of more than USD 360 million, which is an above-average CAGR. There are various applications of semiconductor memory IP in the consumer electronic device. Some of the eminent consumer electron product that includes electronic device consists of digital imaging services, set-top box, AR/VR headsets, gaming consoles, digital TVs, and home automation/home networking devices among others.
Regional Overview:
Key regions covered in the report are Latin America, North America, Asia Pacific (APAC), Europe and the Middle East & Africa (MEA). APAC commands the lion’s share of the market in terms of revenue. Currently, the market in APAC is stand at valuation of more than USD 240 Mn and is expected to surge at 14.79% CAGR from 2018 and 2023. The growth of the semiconductor industry in the region proving an impetus to the market. Moreover, countries such as South Korea, China, and Taiwan have become major manufacturing hubs for a vast range of electronic components including semiconductor memory IPs. In addition, favorable government policies and presence of a number of major companies in the region is having positive influence of the market. Meanwhile, North America is second in the pecking order. During the forecast period, the market in North America is poised to 13.37% during the review period. The recent protectionist stances in the U.S. and hiked levy on imported products to some extent may have a catapult effect on domestic manufacturing.
Key Players:
Some of the prominent market players in the market consist of Siemens Business and Dolphin Integration, Rambus Inc., Synopsys, Micron Technology Inc., Cadence Design Systems, Mentor, eSilicon Corporation, Arm Limited, SK Hynix Inc.,
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Semiconductor Memory IP Market: By Type (Dynamic Random-Access Memory, NAND, and Static Random-Access Memory), Application (Networking, Industrial Automation, Automotive, Consumer Electronic Devices, Mobile Computing Devices and Others) and Region - Global Forecast Till 2023
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Overview:The latest report published by Market Research Future (MRFR) projects that the global semiconductor memory market will increase at a compound annual growth rate of 13.50% during the review period (2020-2027).
The rising userbase of computational devices such as laptops, tablet and smartphone has fueled the demand for semiconductor memory IP.
Introduction of high-end mobile application is prompting development of powerful semiconductor memory IP.Developers are bound to introduce new semiconductor solutions to meet the requirements of modern computation devices.
The relentless expansion of memory capacities in devices has been made possible with the help of powerful chipsets and processors.
Higher investments in semiconductor R is likely create new growth avenues for market players in the years to come.Segmental AnalysisMRFR’s report also includes a detailed segmental analysis of the market based on application, types and region.
On the basis of type, the market has been segmented into SRAM (Static Random-Access Memory), NAND (negative AND) and DRAM (dynamic random-access memory).
The global Semiconductor IP Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the semiconductor IP market include Arm Holdings Plc, Cadence Design Systems, Inc., Ceva, Inc., eMemory Technology Inc., Imagination Technologies Group Plc, Lattice Semiconductor Corporation, Rambus Inc., Sonics, Inc., Synopsys, Inc. and Verisilicon Holdings Co., Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Semiconductor IP Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/semiconductor-ip-market/download-sampleMarket DynamicsThe increasing demand for modern SOC (System on Chip) designs and advancement in multicore technology for the consumer electronics sector is driving the market growth.
Growing demand for connected devices is again accelerating market growth.
However, constant changes in the functionality of chips are likely to hamper the market growth.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The market for Semiconductor IP market is estimated to grow at a significant rate during the forecast period 2018 to 2023.
According to MRFR analysis, global semiconductor intellectual property (IP) market was valued at USD 856.88 million in 2017 and is estimated to reach market value of USD 2-3 billion by 2023 growing with 14% CAGR during forecast period 2018-2023.The Semiconductor IP market is showing significant growth over the next few years due to the rapid growth of the semiconductor industry.
Advances in sensing technology are also shaping the growth of the consumer electronics industry.
However, the technical complexity of semiconductor memory IP is high because the design of semiconductor memory IP is complex and requires high technical expertise.The increasing adoption of smartphones, laptops, and personal computers owing to an increase in per capita disposable income and the adoption of IoT technologies to increase connectivity is fueling market growth in the region Key market players such as SK Hynix Inc. and Samsung Electronics Co., Ltd are investing heavily in research and development to maintain their position in the market.
The region is a major hub for semiconductor and electronic manufacturing industries which further helps drive market growth.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7277Top Competitors:Micron Technology Inc., Samsung, SK Hynix Inc., Synopsys, Inc., Rambus Inc., Cadence Design Systems, Inc., Arm Limited, Dolphin Integration, eSilicon Corporation, and Mentor, Lattice Semiconductor, Sonics, Inc., Achronix Semiconductor, Xilinx, and Semiconductor Manufacturing International Corp. (SMIC) among others are some of the key players in semiconductor intellectual property (IP) market.Segmentation:By type, the market is segmented into processor IP, interface IP, and memory IP.
Processor IP is further classified into microprocessors, microcontrollers, and digital signal processors.By application, the market is classified into consumer electronic devices, mobile computing devices, networking, automotive, and industrial automation, among others.By region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world.Regional Insights:Currently, Asia-Pacific is leading the semiconductor intellectual property (IP) market.
