The Europe Semiconductor Intellectual Property (IP) Market would witness market growth of 4.7% CAGR during the forecast period (2021-2027).
Soft microprocessor designs are used in a few of the most well-known IP cores. From modest 8-bit processors like the 8051 and PIC to 32-bit and 64-bit processors like the ARM architectures or RISC-V architectures, their instruction sets differ. These processors form the brains of numerous embedded systems. Because less logic is required, they are usually RISC instruction sets rather than CISC instruction sets like x86. As a result, the designs are smaller.
Additionally, x86 giants Intel and AMD fiercely guard their CPU designs' intellectual property and do not employ this revenue model for their x86-64 microprocessors. IP cores are also licensed for PCI Express, SDRAM, Ethernet, LCD display, AC'97 audio, and USB peripheral controllers. In order to receive and drive high speed, high voltage, or high impedance signals outside of the device, many of those connections require both digital logic and analog IP cores. Fixed functionality such as MP3 audio decoding, 3D GPU, digital video encode/decode, and other DSP functions such as FFT, DCT, or Viterbi coding are also licensed for hardwired digital logic IP cores.
The Automotive industry of this region is rapidly growing. According to the data shared by German Trade and Invest, the turnover of the German automotive industry was 379.3 billion EU in 2020. Moreover, it was approximately 20% of the entire German industry revenue of 2020. Also, Germany manufactures 25% of the entire passenger cars industry, as well as 20% of all new cars registration of this region.
Semiconductors are broadly being employed in various vehicles. Semiconductors allow manufacturers to integrate various new and advanced technologies in vehicles. Semiconductor intellectual property facilitates numerous developments in vehicles. For instance, cruise mode is being deployed in a significant number of premium cars. This implementation of this technology into vehicles is also attributed to semiconductor intellectual property. Therefore, the growth of the automotive industry of this region is increasing, due to which, the demand for semiconductor intellectual property in the manufacturing of various vehicles is rapidly increasing.
The Germany market dominated the Europe Semiconductor Intellectual Property (IP) Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $498.7 million by 2027. The UK market is exhibiting a CAGR of 3.8% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 5.4% during (2021 - 2027).
Based on IP Source, the market is segmented into Royalty, and Licensing. Based on Design IP, the market is segmented into Processor IP, Interface IP, Memory IP and Others. Based on Vertical, the market is segmented into Consumer Electronics, Telecommunications & Data Center, Commercial, Automotive, Industrial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Semiconductor Intellectual Property (IP) Market Size will Hit $7.4 Billion by 2027, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arm Limited (Softbank Group Corp.), Imagination Technologies Limited, Rambus, Inc., eMemory Technology, Inc., Silicon Storage Technology, Inc. (Microchip Technology Inc.), VeriSilicon Microelectronics (Shanghai) Co., Ltd. (VeriSilicon Holdings Co., Ltd.), Synopsys, Inc., Cadence Design Systems, Inc., CEVA, Inc., and Lattice Semiconductor Corporation
By IP Source
By Design IP
By Vertical
By Country
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