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Global Semiconductor Memory IP Market, 2021 - Research and MarketsDUBLIN, June 13, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Semiconductor Memory IP Market 2017-2021" report to their offering. The global semiconductor memory IP market to grow at a CAGR of 11.27% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global semiconductor memory IP market for 2017-2021. To calculate the market size, the report considers the sales of semiconductor memory IP licenses to fabless companies as well as IDMs and foundries for designing and manufacturing semiconductor devices. These semiconductor devices are used in applications, such as automotive, consumer electronic devices, and industrial automation. The report also includes a discussion of the Key vendors operating in this market. The latest trend gaining momentum in the market is emergence of IoT. IoT can be defned as a network of physical objects or things embedded with electronics, software, sensors, and network connectivity. IoT involves M2M communication, enabling devices to exchange and act upon information by eliminating human-to-human or human-to-computer interaction. According to networking equivalent, Metcalfe's Law, formulated by Robert Metcalfe, the value of a telecommunication network is proportional to the square of the number of devices connected to it. According to the report, one of the major drivers for this market is growing demand for mobile devices. Consumer electronic devices such as laptops, smartphones, and tablets have witnessed significant growth in the last decade. The growth in the semiconductor industry is proportional to the growth in the consumer electronics industry. Mobile computing devices include smartphones, tablets, and wearables. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Research and Markets
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