HOME Research Insight Arm Limited (UK) and Synopsys (US) are the Top 2 Players in the Semiconductor IP Market

Arm Limited (UK) and Synopsys (US) are the Top 2 Players in the Semiconductor IP Market

The semiconductor IP market is expected to be worth USD 6.22 Billion by 2023, at a CAGR of 4.87% between 2017 and 2023. The embedded DSP IP and programmable DSP IPs having a tremendous growth potential in the coming future are the key growth opportunities for the semiconductor IP market players. The drivers for this market are the advancement in multicore technology for consumer electronics sector, increasing demand for modern SoC designs, and growing demand for connected devices

The key players in the semiconductor IP market are Arm Limited (UK), Cadence (US), Synopsys (US), Imagination Technologies (UK), Lattice Semiconductor (US), CEVA (US), Rambus (US), Mentor (US), Ememory Technology (Taiwan), and Sonics (US), among others. Most of the leading companies have followed the organic strategy of product launches to boost the revenue of the company.

Top 2 players in the semiconductor IP market:

Arm Limited (UK) designs a range of interrelated IPs, including microprocessors, physical IPs, and supporting software and tools. The strong focus of the company on research and development (R&D) has enabled it to strengthen its patent portfolio and enhance its product offerings. It would also enable ARM to establish technology leadership over its peers operating in the same industry and provides a competitive advantage to it. The company focuses on the implementation of partnerships and product launches as major strategies to tap the semiconductor IP market. In the past 2 years, the company has strategically partnered with key players in the semiconductor IP market to expand its product portfolio and foothold. For instance, it partnered with Advantech (Taiwan) to develop end-to-end Internet of Things (IoT) solutions and to cater to businesses across various sectors . With the focus on IoT businesses, the company is expected develop and expand the Taiwanese engineering community targeting global IoT opportunities. In 2016, the company had major partnerships with Advantech (Taiwan), CSNE from the University of Washington (US), and US TrustedCare (US). These partnerships are expected to help the company develop innovative solutions the emerging advanced artificial intelligence (AI) and IoT technology market.

Synopsys (US) is one of the major players in the semiconductor IP market. It focuses on differentiating its EDA products, thus gaining a competitive advantage over other players and expanding its IP offerings and driving growth in the software quality and security market. The company entered this software quality and security market with an acquisition of Coverity (US). The company also makes investments in the software quality and security space through acquisitions of various companies in that space; recently, it acquired Coverity and Bluetooth Smart IP business of Silicon Vision (Egypt), which helped it expand its total addressable market.

Related Reports:

Semiconductor IP Market by Design IP (processor IP, interface IP, memory IP), Source (royalty and licensing), vertical (consumer electronics, telecom, industrial, automotive, commercial), and Geography - Global Forecast to 2023

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