IP market to grow strongly
The third-party semiconductor IP market will grow 19.3% between now and 2017, says Semico Research.
“Most of these evolutionary forces are driven by the need to integrate more functionality in fewer devices at the system level and in ever-smaller footprints,” says Semico’s Rich Wawrzyniak, “the primary method to accomplish this today is through the use of third-party SIP. ”
The Americas IP market will increase over the forecast period to $1.7 billion by 2017, while the memory IP market will account for 13.6% of total market revenues, Semico also found.
The CPU IP market is the largest IP category today, and accounted for 31.7% of total market revenues in 2012, Semico said.
The worldwide market for IP is forecast to be over $4 billion in 2013, and will double in size by 2017, Semico noted.
The forecasted worldwide IP market growth rate of 21.1% for 2013 will beat the 6% forecasted by Semico for the total semiconductor market