Global semiconductor intellectual property market is estimated to be valued at US$ 8.07 Billion in 2025. Demand is expected to reach US$ 16.24 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.5% from 2025 to 2032.
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There is an increasing demand for technologically advanced electronic devices across different industries such as consumer electronics, automotive, telecommunication, and others. The rising penetration of smartphones, tablets and other connected devices is driving the need for specialized (Intellectual Property) IPs. Moreover, the evolution of advanced technologies such as 5G networks, artificial intelligence, augmented reality, and Internet of Things is further fueling market growth.
The implementation of advanced node sizes in chip manufacturing is also propelling semiconductor foundries to focus on developing specialized IPs. Leading players are investing heavily in R&D to develop innovative IPs which can help them gain a competitive advantage in the market. However, high costs associated with IP development and ongoing modifications as per technological advancements pose a major challenge to market growth.
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