IP Core Chip Market: Introduction
- IP Core Chip means Intellectual Property, in other sectors we term it as patent; however, in the field of semiconductor and electronics, it is called IP. IP is a design or unit that is verified and available for licensing.
- Semiconductor IP (SIP) and Design IP (DIP) is small unit that can be used in some other products or design for efficient operations. There is a fee to use this IP in other devices or designs. The most common types of IP are for processors, peripherals, interconnect, and memories.
- An Intellectual Property (IP) core in semiconductors is a reusable unit of logic or functionality or a layout design that is normally developed for licensing it to multiple vendor for using as building blocks in different chip designs
- The licensing of IP cores or blocks has become commonplace in chip designs. Two separate types of cores are used in the creation of semiconductor intellectual property core products.
Rise in demand in System on Chip (SoC) design and mitigation of continuously rising chip design cost and expenditure.
- IP Core Chip is majorly is utilized in multicore technology; it reduce the design cost, lowers risks, and reduces development time.
- Expansion of IoT, automation, security, cloud computing, and automotive sectors has fueled the IP core chip market, as increasing competition among different players has affected the time to market different technologies. Thus IP helps speed up different product development.
- Increase in use of smart and connected devices in consumer electronics such as smartphones, wearables, automotive applications, and other smart devices has also fueled the IP core chip market.
- Integration of power electronics and other technologies with this technology is also expected to fuel the IP core chip market
Asia Pacific to Hold Prominent Share of Global Market
- The IP core chip market in Asia Pacific is estimated to expand significantly owing to the presence of major electronics industries and investment by major players in the region
- The consumer electronics industry in this region is expanding at a significant pace due to various factors such as low cost labor, developed electronics industry, and large available market. This, in turn, is estimated to boost the integration of IP core technology.
- North America also offers considerable opportunity for the integration of IP core technology in various sectors such as avionics, aerospace, and defense. Electronics systems and devices employed in these sectors have complex executions, which further boosts the adoption of IP core chip techniques.
- Europe has a robust automotive sector that utilizes electronic hardware in vehicles for controlling and autonomous driving, which in turn is boosting the demand for IP core chips. Integration of ADAS in vehicles is projected to increase significantly in the next few years, which in turn is estimated to fuel the IP core chip market in the region during the forecast period.
Key Players in Global IP Core Chip Market
Key players include:
- Arm Holdings
- Imagination Technologies
- Mentor Graphics
- Lattice Semiconductor.
IP Core Chip Market Scope
IP Core Chip Market, by Core
- Soft Core
- Hard Core
IP Core Chip Market, by Source
IP Core Chip Market, by Source
- Consumer Electronics
- Telecom & Data centers
- Other Verticals
IP Core Chip Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.