Increasing Adoption of Semiconductor IP Solutions to Augment Growth of Semiconductor IP Market

 

Increasing adoption of Semiconductor IP solutions is expected to propel growth of the global semiconductor IP market. For instance, in November 2020, T2M-IP licensed its Ultra-low power Multi-Constellation GNSS Digital IP for integration into a NB-IOT SoC for lOT logistical and wearable applications.

Adoption of partnership strategies is expected to supply lucrative growth opportunities for players in the global Semiconductor IP Market. For instance, in February 2021, T2M-IP partnered with a major U.S semiconductor company, under which the later received licensing of its partners mass production silicon proven DVB-S2X/S2/S Narrowband Demodulator & Decoder IP Core for integration into their 8k TV SoC. Similarly, in December 2020, OPENEDGES Technology, Inc., a supplier of AI computing IP solutions, announced semiconductor design IP license agreement with a top-tier semiconductor company.

The global Semiconductor IP Market is witnessing several M&A activities. For instance, in November 2020, Nordic Semiconductor today acquired the entire Imagination Technologies Ensigma Wi-Fi development team and associated Ensigma Wi-Fi IP tech assets from Imagination Technologies, a design, vision, and AI processing company, to expand its in-house wireless technology expertise into Wi-Fi.

Among regions, Europe is expected to witness significant growth in the global semiconductor IP market, owing to increasing adoption of semiconductor IP solutions in the region. For instance, in May 2020, Palma Ceia SemiDesign, a provider of communication chips and IP for WiFi HaLow and Cellular NB-IoT applications, selected Agile Analog's data converter and power management IP for the next-generation of WiFi and cellular IoT products.

Asia Pacific can also be expected to witness significant growth in the global semiconductor IP market, owing to increasing adoption of semiconductor IP solutions in the region. For instance, in July 2020, Ingenic Semiconductor, a system-on-chip company-based in China, integrated the AL-E150 high-performance video encoding IP from Allegro DVT into its latest generation of Smart Video products.

Competitive Analysis

Major players operating in the global Semiconductor IP Market include, Arm, Synopsys, Cadence, Imagination, Lattice Semiconductor, Allegro DVT, Agile Analog, Alphawave IP, T2M-IP, Ceva, Nordic Semiconductor, Rambus, Mentor Graphics, Ememory, and Sonics.

Major players operating in the global semiconductor IP market are focused on adopting partnership strategies to improve their market share. For instance, in February 2021, Alphawave IP signed a membership reseller agreement with VeriSilicon Holdings Co., Ltd., a silicon platform as something company, that will allow VeriSilicon to exclusively resell Alphawave's entire IP portfolio in China.