The worldwide semiconductor IP market is anticipated to develop as more semiconductor IP solutions are adopted. As an example, T2M-IP licensed their Ultra-low power Multi-Constellation GNSS Digital IP in November 2020 for integration into an NB-IOT SoC for lOT logistics and wearable applications.
Adoption of collaboration methods is anticipated to present companies in the global semiconductor IP market with profitable growth chances. For instance, T2M-IP collaborated with a significant American semiconductor manufacturer in February 2021, and as a result got a license to use the DVB-S2X/S2/S Narrowband Demodulator & Decoder IP Core for integration into their 8k TV SoC. A top-tier semiconductor firm and OPENEDGES Technology, Inc., a provider of AI computing IP solutions, announced a semiconductor design IP license deal in December 2020.
Numerous M&A transactions are taking place in the worldwide semiconductor IP sector. For instance, to expand its internal wireless technology expertise into Wi-Fi, Nordic Semiconductor today acquired the entire Imagination Technologies Ensigma Wi-Fi development team and related Ensigma Wi-Fi IP tech assets from Imagination Technologies, a graphics, vision, and AI processing company, in November 2020.
Due to the growing use of semiconductor IP solutions there, Europe is among the areas predicted to have considerable growth in the global semiconductor IP market. For instance, Agile Analog's data converter and power management IP was chosen by Palma Ceia SemiDesign in May 2020 for its next-generation WiFi and cellular IoT devices. Palma Ceia SemiDesign is a supplier of communication chips and IP for WiFi HaLow and Cellular NB-IoT applications.
Asia Pacific is anticipated to have considerable growth in the global Semiconductor IP Market as a result of the region's growing use of semiconductor IP solutions. For instance, the Chinese system-on-chip manufacturer Ingenic Semiconductor included Allegro DVT's AL-E150 high-performance video encoding IP into its most recent line of Smart Video devices in July 2020.
Competitive Analysis
Major players operating in the global semiconductor IP market include, Arm, Synopsys, Cadence, Imagination, Lattice Semiconductor, Allegro DVT, Agile Analog, Alphawave IP, T2M-IP, Ceva, Nordic Semiconductor, Rambus, Mentor Graphics, Ememory, and Sonics.
In order to increase their market share, major companies in the global semiconductor IP market are concentrating on implementing partnership methods. For instance, in February 2021, silicon platform as a service provider VeriSilicon Holdings Co., Ltd. and Alphawave IP announced a subscription reseller agreement under which VeriSilicon will have the sole right to resell Alphawave's full IP portfolio in China.
