Semiconductor Intellectual Property (IP) Market Outlook (2022-2032)

In the near future, growing usage of semiconductor IPs in the telecommunication & data center, consumer electronics, and automotive sectors will fuel demand for this technology. Increasing demand for modern SoC designs, innovation in multicore technology, increasing adoption of connected devices for day-to-day use, and continuous improvements to optimize rising chip design expenditure are expected to drive demand for semiconductor IPs.