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The semiconductor IP market is expected to grow from USD 4.9 billion in 2018 to USD 6.5 billion by 2024, at a CAGR of 4.78%NEW YORK, Jan. 8, 2019 /PRNewswire/ -- The overall semiconductor IP market is expected to grow at a CAGR of 4.78% from 2018 to 2024 Approximately 100 processors are used in a high-end automobile, which makes it a flourishing applications segment in the semiconductor IP market. APAC is likely to witness highest growth during the forecast period APAC is expected to lead the semiconductor IP market and also expected to be the fastest growing region.This is mainly attributed to the presence of key manufacturers such as Samsung, Hitachi, Nissan, Panasonic, and Honda. China, Japan, South Korea, and India offer some of the prolific electronics manufacturers in APAC.Favorable policies by the Chinese Government and increased funding for promoting applications of semiconductors are expected to further drive the semiconductor IP market in China. Therefore, there is a continuous demand for semiconductor IP in APAC. Break-up of the profiles of primary participants: • By Company Type: Tier 1 – 20%, Tier 2 – 25%, and Tier 3 – 55% • By Designation: Directors -40%, C-Level Executives – 25%, and Others – 35% • By Region: Americas – 20%, Europe – 25%, APAC – 50%, and RoW – 5% A few semiconductor IP ecosystem players are as follows: ARM Holdings (UK), Synopsys (US), Cadence (US), Imagination Technologies (UK), Lattice Semiconductor (US), CEVA (US), Rambus (US), Mentor Graphics (US), eMemory (Taiwan), and Sonics (US). Research Coverage: This research report segments the global semiconductor IP market on the basis of IP design, IP source, vertical, and geography.The report discusses major drivers, restraints, challenges, and opportunities pertaining to the semiconductor IP market and also include value chain. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall semiconductor IP market and the sub-segments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05147405 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-semiconductor-ip-market-is-expected-to-grow-from-usd-4-9-billion-in-2018-to-usd-6-5-billion-by-2024--at-a-cagr-of-4-78-300775057.html SOURCE Reportlinker |