World semiconductor (silicon) IP market forecast

LONDON, UK: The global semiconductor IP market by revenue is estimated to grow from $2.5 billion in 2012 to $5.70 billion in 2017 at a projected CAGR of 14.47 percent.

The semiconductor IP market is growing in both the integrated circuit IP and system-on-chip IP sub-sectors, but the revenues from the SoC IP segment are expected to grow faster at an estimated CAGR of 19.16 percent from 2012 to 2017.

The application specific and programmable (FPGA and PLD) IP segments in both ICs and SoCs are the fastest growing segments, next to the primary revenue contributor – the SoC processor IP segment which is estimated to grow at a phenomenal CAGR of 21.16 percent.