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 S emiconductor IP M arket . 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 S emiconductor IP M arket is witnessing several M&A acti...