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The SRAM and ROM design IP market share is expected to increase by USD 24.08 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 1.51%.
This SRAM and ROM design IP market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers SRAM and ROM design IP market segmentations by type (SRAM and ROM) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The SRAM and ROM design IP market report also offers information on several market vendors, including AnySilicon, Arm Ltd., Avalanche Technology Inc., Cadence Design Systems Inc., CEVA Inc., Design and Reuse SA, Dolphin Technology Inc, Edge AI and Vision Alliance, eMemory Technology Inc., Everspin Technologies Inc., Infineon Technologies AG, Integrated Silicon Solution Inc., Microchip Technology Inc., Renesas Electronics Corp., Sperling Media Group LLC, STMicroelectronics NV, Surecore Ltd, Synopsys Inc., Toshiba Corp., VeriSilicon Microelectronics (Shanghai) Co. Ltd., and Xilinx Inc. among others.
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The faster processing speed is notably driving the SRAM and ROM design IP market growth, although factors such as the scaling issue of SRAM may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the SRAM and ROM design IP industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key SRAM and ROM design IP Market Driver
The faster processing speed is one of the key drivers supporting the SRAM and ROM design IP market growth. The speed at which a computer central processing unit (CPU) retrieves and interprets instructions is determined by the processor clock speed. This allows your computer to do more tasks in a shorter amount of time. SRAM is faster than DRAM since it does not have to refresh as frequently, whereas DRAM does. It has access periods of 60 nanoseconds in terms of seconds. In 10 nanoseconds, SRAM accomplishes the same task. It does not require an electric charge to be recharged. As the CPU does not have to wait for data from SRAM, it is faster than DRAM. The most typical application of SRAM is to act as a processor cache. Such increasing applications are driving the market growth.
Key SRAM and ROM design IP Market Trend
Increasing demand for enterprise storage applications to drive the growth for MRAM is one of the key SRAM and ROM design IP market trends that is contributing to the market growth. The introduction of advanced wireless networks, such as 5G, is expected to further increase the demand in the data center as well as the edge. The current enterprise storage hardware market is dominated by prominent vendors, such as HPE, Dell EMC, and NetApp, which sell traditional storage arrays, along with all-flash options, software-defined solutions (SDS), and hyper-converged infrastructure (HCI). Businesses are expected to register double-digit growth in the next two years, and by 2022, an additional 20% of the companies plan to use cloud storage infrastructure, due to an increase in the demand for high capacity hard disk drives, all-flash storage, and cloud services, according to Spiceworks. Such factors are expected to witness exponential growth for the market in focus during the forecast period.
Key SRAM and ROM design IP Market Challenge
The scaling issue of SRAM is one of the factors hindering the SRAM and ROM design IP market growth. SRAM scaling challenges are twofold-cell stability and physical area. SRAM Vmin is a function of transistor Vt mismatch, which is made up of two parts that include structural and random dopant fluctuation (RDF). To the first order, Vt mismatch is inversely proportional to the device/cell size. As a result, the larger the cell, the more stable it is. For instance, SRAM cell size scaling is limited by a few critical ground rules in terms of physical area difficulties," stated Subramani Kengeri, vice president of advanced technology architecture at Global Foundries. However, to address the SRAM scaling problem, chipmakers face some tough processes and design choices. Such challenges faced by chipmakers will negatively impact the market growth during the forecast period.
This SRAM and ROM design IP market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global SRAM and ROM design IP market as a part of the global semiconductor market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the SRAM and ROM design IP market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the SRAM and ROM design IP market encompasses successful business strategies deployed by the key vendors. The SRAM and ROM design IP market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The SRAM and ROM design IP market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the SRAM and ROM design IP market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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