The global semiconductor intellectual property market appears promising over the next five years. Rapid technological advancements in industries like automotive, consumer electronics and IoT are expected to drive higher semiconductor content and design complexities.
While higher adoption of advanced nodes below 10nm could open up incremental opportunities, higher R&D investments and more frequent design cycles may strain the budgets of some players. The threat of IP theft and complications arising from the use of third-party IPs can also deter certain companies. However, the rising contract design activities are likely to open up new demand streams for commercial IP vendors. Collaborations between big technology companies may further fuel innovation and demand. The growing need for power-efficient AI/ML functionality is another area of focus.
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