Empowering Innovation: Semiconductor IP Speeds Time-to-Market, Unleashing Swift Design Solutions for Cutting-Edge Electronic Devices

Time-to-market acceleration is a critical advantage facilitated by semiconductor IP, offering pre-designed and pre-verified functional blocks that seamlessly integrate into custom designs. By leveraging existing IP, designers can sidestep the intricacies of starting from scratch, streamlining the development of intricate semiconductor components. This reduces the design cycle and enables companies to respond to market demands for advanced electronic devices swiftly. The importance lies in staying ahead in the highly competitive technology landscape by swiftly bringing innovative products to market.

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Data Bridge Market Research analyses the North America Semiconductor IP Market is expected to reach the value of USD 1,751,181.64 thousand by 2029, which was USD 1,115,439 thousand in 2021, at a CAGR of 5.8% during the forecast period of 2022-2029. The increasing complexity of semiconductor designs in North America, fueled by the demand for greater functionality and performance in electronic devices, is a key driver for the semiconductor IP market.

Key Findings of the Study

Increasing focus on automotive electronics is expected to drive the market's growth rate

The increasing focus on automotive electronics has emerged as a significant driver for the North America semiconductor IP market. The automotive industry's rapid integration of electronic components, driven by trends such as electric vehicles and advanced driver-assistance systems (ADAS), has elevated the demand for specialized semiconductor IP solutions. These solutions cater to the unique requirements of automotive applications, including safety-critical functionalities and in-vehicle connectivity. As vehicles become more technologically advanced, semiconductor IP providers are responding with innovations tailored to the automotive sector, contributing to the growth and dynamism of the North America semiconductor IP market.

Report Scope and Market Segmentation

Segment Analysis:

The North America semiconductor IP market is segmented on the basis of type, form, IP source, channel, and end user.

• On the basis of type, the North America semiconductor IP market is segmented into CPU SIP, wired SIP, GPU SIP, memory SIP, DSP SIP, library SIP, infrastructure SIP, digital SIP, analog SIP, wireless SIP, and others
• On the basis of form, the North America semiconductor IP market is segmented into soft form, and hard form
• On the basis of IP source, the North America semiconductor IP market is segmented into licensing, and royalty
• On the basis of channel, the North America semiconductor IP market is segmented into direct sources, and internet catalogue
• On the basis of end user, the North America semiconductor IP market is segmented into automotive, telecom, consumer electronics, industrial, defense, commercial, medical, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major North America semiconductor IP market players in North America semiconductor IP market are Rambus.com (U.S.), Dolphin Design SAS (France), Xilinx (U.S.), Arm Limited (a subsidiary of SoftBank Group Corp.) (U.K.), Cadence Design Systems, Inc. (U.S.), Siemens (Germany), eMemory Technology Inc. (Taiwan), Wave Computing, Inc. (U.S.)

Market Developments

• In May 2023, CEVA Inc. made a strategic move by announcing the acquisition of the RealSpace 3D Spatial Audio business, technology, and patents from VisiSonicsCorporation. This acquisition was particularly noteworthy as it involved integrating the VisiSonics spatial audio R&D team and software into CEVA, a Maryland company close to CEVA's sensor fusion R&D development center. The addition of VisiSonics' spatial audio capabilities expanded CEVA's application software portfolio for embedded systems. These moves reinforced CEVA's market position in wearables, where spatial audio had become essential. This strategic acquisition was poised to contribute to CEVA's growth by enhancing its technological capabilities and market presence
• In March 2023, Synopsys, a prominent player in the electronic design automation space, launched a suite of AI-powered tools known as the Synopsys.ai suite. This suite covered the entire chip design process, from architecture to manufacturing. The Synopsys.ai suite aimed to revolutionize chip design by offering the potential to reduce development time significantly, cut costs, enhance performance, and improve yields. This suite of tools was particularly valuable for chip designs targeting advanced nodes such as 5 nm, 3 nm, two nm-class, and beyond. Synopsys' innovative approach was expected to reshape the landscape of electronic design automation, setting new standards for efficiency and effectiveness in the industry
• In November 2021, Siemens collaborated with Samsung Foundry to advance multiple IC design solutions. This collaboration addressed critical aspects of the design process, including packaging, electrostatic discharge, and integrated circuits. The strategic partnership with Samsung Foundry positioned Siemens to accelerate sales growth and boost revenue. By leveraging each other's expertise, Siemens and Samsung Foundry intended to contribute to the evolution of IC design solutions, fostering innovation in the semiconductor industry
• In April 2021, Rambus.com and Lattice Semiconductor joined forces in a strategic collaboration to leverage Rambus' technology in security solutions. This collaboration was expected to enhance Rambus' product technology by incorporating new security solutions. The infusion of Lattice Semiconductor's technology was poised to enable Rambus to offer its customers improved and more secure solutions. By staying at the forefront of technological advancements, this partnership aimed to attract new customers and accelerate revenue growth for both Rambus.com and Lattice Semiconductor

Regional Analysis

Geographically, the countries covered in the North America semiconductor IP market report are U.S., Canada, Mexico in North America.

As per Data Bridge Market Research analysis:

U.S. is the dominant country in North America semiconductor IP market during the forecast period 2022-2029

The U.S. dominates the semiconductor market driven by a combination of factors. The nation's commitment to innovation and significant investments in research and development have allowed U.S.-based companies to maintain technological leadership. A robust ecosystem and collaborative environment further enhance the industry's strength. The increasing global demand for connected devices, spurred by trends such as the Internet of Things, 5G, and smart technologies, plays a pivotal role. U.S. semiconductor firms, with giants such as Intel, NVIDIA, Qualcomm, and AMD, are well-positioned to address this demand, contributing to the country's dominance.

Canada is estimated to be the fastest-growing country in the North America semiconductor IP market for the forecast period 2022-2029

Canada is expected to dominate the market due to the growing acceptance of third-party intellectual property (IP). The country's strength lies in its robust legal framework for IP protection, a thriving innovation ecosystem, and a government that supports research and development. If the technology sector experiences substantial growth, it can drive demand for third-party IP solutions. Business-friendly policies, global collaborations, a tech-savvy population, and access to funding further contribute to Canada's potential market dominance.

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