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The Physical Intellectual Property (IP) Market size is projected to increase by USD 2.31 billion with a growth at a CAGR of 6.51% between 2023 and 2028. The growth rate of the market depends on several factors including the growing complexity of ICs, intense competition among mobile computing device companies, and increasing penetration of IoT devices. Physical intellectual property is referred to as the design of building blocks used in the development of SoCs. Physical intellectual property is an integral part of the electronic design and automation (EDA) process, which aids design engineers and developers in developing SoCs. The use of these intellectual property blocks, along with the miniaturization of electronic products, reduces the overall production cost. The growing complexity of semiconductor chip designs is adding to the importance of physical intellectual property.
The report includes a comprehensive outlook on the physical intellectual property market offering forecasts for the industry segmented by Application, which is mobile computing devices, consumer electronic devices, automotive, industrial automation, and others. Additionally, it categorizes End-user into semiconductor, manufacturing, IT and telecom, and others and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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