Global semiconductor IP market forecast report 2024-2029

The semiconductor intellectual property (IP) market was valued at USD 7.5 billion in 2024 and is projected to reach USD 11.2 billion by 2029; it is expected to grow at a CAGR of 8.5% from 2024 to 2029, according to Research and Markets.

Expanding embedded digital signal processor (DSP) IP and programmable digital signal processor (DSP) IP segments and rising demand for advanced semiconductor components in automotive and telecommunications & data center verticals provide lucrative opportunities to the semiconductor intellectual property (IP) market.

Interface IP segment to register highest growth rate during the forecast period
The interface IP segment is expected to record the highest CAGR during the forecast period. Interface protocols such as Ethernet, PCIe, and SerDes are highly demanded for hyperscalar, data-centric storage, data centers, wired and wireless networking, and emerging AI applications, all of which require higher bandwidth. Entertainment devices, security cameras, and smart home devices also process a large amount of media content and require efficient interface Ips to handle the increasing multimedia processing and connectivity needs. All these factors are expected to contribute to the growth of the interface IP segment during the forecast period.

Telecommunication & data center vertical segment in Asia Pacific region is expected to register highest growth rate during the forecast period
The telecommunication & data center vertical in the Asia Pacific region is expected to grow with the highest growth rate during the forecast period attributed to the upcoming trends of 5G, IoT, and edge devices. 5G technology will unify mobile communication and connect individuals with devices through IoT. The long-term vision is that 5G technology will encourage product development, increase productivity, and allow new industries to emerge. These factors are expected to create new avenues for the growth of the semiconductor intellectual property (IP) market for the telecommunication & data center vertical in the Asia Pacific region.

UK in Europe is expected to hold the second-largest market share during the forecast period
The UK holds the second position in the semiconductor intellectual property (IP) market in Europe and is expected to grow at the second-highest CAGR over the next few years. The strong presence of automotive and industrial manufacturing companies, such as Bentley Motors, Aston Martin, McLaren, Rolls-Royce, Jaguar Land Rover, and Johnson Matthey, is expected to support the growth of the semiconductor intellectual property (IP) market in the UK. The major market players in this region are Arm Limited (UK), Imagination Technologies (UK), and ALPHAWAVE SEMI (UK). Arm Limited (UK) alone holds about 40% of the global semiconductor intellectual property (IP) market. Research and Markets