The semiconductor IP market is poised for high rate of growth over the estimated period due to the requirement for improving business processes and company productivity. Growing acceptance of multi-core technology combined with rising design complexity in the semiconductor integrated circuits and System on Chip (SoC) is predicted to stimulate the growth of semiconductor IP market. Industry players actively outsource the IP design and growth services that are not their product differentiation base. Rising market trends towards acceptance of third party IP vendor services and rising IP blocks licensing by the market players are predicted to play a main role in the development and expansion of semiconductor IP industry.

Semiconductor IP cores are utilized in various industrial application sections like mobiles, network technologies, tablets, telecom infrastructure, peripherals and computers to save key design costs and time. Further, these IP cores have entered into new advanced as well as innovative application sectors like automobile sector, defense industry, medical sector, industrial business sector and aerospace sector to focus and understand the reasons behind growing dependency of these sectors on advanced electronic systems. Semiconductor IP cores play a main role in enhancing the productivity of the designs for more sophisticated design processes and thereby displays a great potential in the semiconductor IP market.

Continent of Europe and Sub continent of North America are predicted to evolve as the main revenue producing areas. Asia Pacific zone is projected to experience high expansion and growth. This is attributed to rising production of electronics items and semiconductors in the geographical region.

Large amount/proportion of production of tablets and mobiles is expected to open new avenues for growth of the semiconductor business in the semiconductor IP industry business sector. This is due to increasing demand for quad core processors as well as dual core processors. The dawn of octa core processors for smart mobile phones or touch screen mobile phones is predicted to provide new business opportunities for the worldwide semiconductor IP market that will contribute towards its growth in future.

Key industry players profiled in the market research study report include Silicon Image, Mentor Graphics, CEVA, Atmel, ARM, Cadence Design Systems, Imagination Technologies, and Altera.