Global Physical Intellectual Property Market | Growing Complexity of ICs to Boost the Market Growth | Technavio

The global physical intellectual property market size is poised to grow by USD 689.33 million during 2020-2024, progressing at a CAGR of almost 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Physical Intellectual Property Market 2020-2024 (Graphic: Business Wire)

The physical intellectual property market is driven by the growing complexity of ICs. Designers and engineers are continuously developing new methodologies and techniques to keep pace with the increasing level of integration and to manage more circuitry within the same size and at the same cost. This is leading to the growing complexity of ICs, wherein several active and passive components are being integrated on a single chip. For instance, for the development of SoC design, predesigned and pre-verified blocks such as IP blocks, IP cores, and virtual components are combined on a single chip. As the ICs continue to shrink in size, their design complexity increases. As a result, IP building blocks are getting bigger and more complex. This is driving the demand for third-party IP blocks incorporated into designs.

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Report Highlights:

• The major physical intellectual property market growth came from the mobile computing devices segment in 2019, and is expected to register the highest growth during the forecast period.
• APAC was the largest physical intellectual property market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the higher concentration of major semiconductor foundries, fabless semiconductor companies, and consumer electronic device manufacturers.
• The global physical intellectual property market is concentrated. Arm Ltd., Cadence Design Systems Inc., CEVA Inc., Imagination Technologies Ltd., Lattice Semiconductor Corp., Rambus Inc., and Synopsys Inc. are some of the major market participants. To help clients improve their market position, this physical intellectual property market forecast report provides a detailed analysis of the market leaders.
• As the business impact of COVID-19 spreads, the global physical intellectual property market 2020-2024 is expected to have positive growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Rising Adoption of In-vehicle Networks by the Consumers will be a Key Market Trend

The rising adoption of in-vehicle networks by the consumers is one of the key trends driving the market growth. The exponential increase in the deployment of advanced electronics such as actuators, microcontrollers, and sensors to enable in-vehicle communication is driving the growth of automotive communication protocols. Consumers are demanding smart features in automotive vehicles for convenience, entertainment, and safety. This increasing consumer demand for higher bandwidth applications and an exponential increase in the number of electronic control modules in vehicles is expected to increase the number of nodes connected by serial bus protocols. Moreover, the increasing government mandates on better passenger safety will further augment the growth of the global IP market during the forecast period.

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Physical Intellectual Property Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist physical intellectual property market growth during the next five years
• Estimation of the physical intellectual property market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the physical intellectual property market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of physical intellectual property market vendors

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Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Mobile computing devices - Market size and forecast 2019-2024
• Consumer electronic devices - Market size and forecast 2019-2024
• Automotive - Market size and forecast 2019-2024
• Industrial automation - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers – demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Arm Ltd.
• Cadence Design Systems Inc.
• CEVA Inc.
• Imagination Technologies Ltd.
• Lattice Semiconductor Corp.
• Rambus Inc.
• Synopsys Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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