The key players operating in the market include Arm Holdings Ltd; Cadence Design Systems, Inc.; Synopsys; Ceva Inc., Imagination Technologies, and various other companies operating in the market and are coming up with new technologies and offerings which is helping the market for semiconductor IP to expand over the years in terms of revenue and subscription.
ARM HOLDINGS LTD, CADENCE DESIGN SYSTEMS, INC.; SYNOPSYS; CEVA INC., IMAGINATION TECHNOLOGIES, – PROMINENT MARKET PARTICIPANTS IN SEMICONDUCTOR IP MARKET
Electronics sector is anticipated to be one of the largest adopters of the semiconductor IP globally. Manufacturing of automotive, consumer electronics, communication equipment, healthcare related equipment, and other devices are leading the integrations of semiconductor IP products into the different assembly lines at the factory floor. Also, the trend towards miniaturization in the consumer electronics industry has driven package component sizes down to the design-rule level of early technologies. Crucial in integrated circuit (IC) package technology is that it must deliver higher lead counts, reduced lead pitch, minimum footprint area, and significant volume reduction. As a result, this has led to semiconductor manufacturers developing the small outline package (SOP), surface-mount memory packaging.
APAC is expected to be the fastest growing region in the integrations of semiconductor IP. The major reason for this is the presence of large semiconductor manufacturing hub in the region. Taiwan, China, India, South Korea, Vietnam are some of the important countries in Asia that comprise of large semiconductor manufacturing units. Also, inexpensive labor, skilled professionals, and lesser cost of raw materials in this region is another factor driving the growth of semiconductor industry in Asia and in turn favoring the growth of Semiconductor IP in the region. Few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2021 | Synopsys, Inc. announced a collaboration with TSMC to develop a wide portfolio of Synopsys DesignWare Interface and Foundation IP on the TSMC N4P process. | North America |
| 2021 | A lead Arm partner, TSMC, successfully taped-out a test chip, validating Armv9 physical IP on TSMC 3nm process technology. | Europe |
