2021 Physical Intellectual Property Market Growth Analysis Report
ReportsnReports.com adds new research report Global Physical Intellectual Property Market 2017-2021. This report covers the present scenario and the growth prospects of the global physical intellectual property market for 2017-2021. To calculate the market size, the report considers the revenue generated from the licensing of other semiconductor IPs such as processor IP and digital IP.
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The following companies are the key players in the global physical intellectual property: ARM, Cadence Design Systems, CEVA, Imagination Technologies, Lattice Semiconductor, Rambus, and Synopsys.
The latest trend gaining momentum in the market is growth in in-vehicle networks. The exponential increase in the deployment of advanced electronics such as actuators, microcontrollers, and sensors to enable in-vehicle communication is driving the growth of automotive communication protocols. Consumers are demanding smart features in automotive vehicles for convenience, entertainment, and safety. Thus, the automotive OEMs are incorporating smart features such as ADAS, anti-lock braking systems (ABS), automatic transmissions and central locking, and engine management systems.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
According to the report, one of the major drivers for this market is growing complexity of ICs. Designers and engineers are continuously developing new methodologies and techniques to keep pace with the increasing level of integration and to manage more circuitry within the same size and at the same cost. This is leading to growing complexity of ICs wherein several active and passive components are being integrated on a single chip.
Global Physical Intellectual Property Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Further, the report states that one of the major factors hindering the growth of this market is complexity in delivering configurable semiconductor IP. Earlier, chip designs were mainly a fixed function and therefore did not require any configuring. This is still witnessed currently in the case of standards-based ICs, having a limited set of functionalities requiring no configurability at all.
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