Techno World Semiconductor-IP-Market | Page 2

analysis, as of 2016, around 350 units of mobile devices were sold globally, which accounted for an increase of over 3.7% from 2015. Revenue generated by smartphone devices alone, accounted for over 70% sales of the global mobile devices in 2016. As the demand for miniature smartphone devices is increasing, the complexity in circuit design is also increasing. Hence, adoption of modern system on chip (SOC) design technology, which employs semiconductor IP cores, is also increasing. This in turn, is expected to enhance growth of the global semiconductor IP market. Request PDF Brochure for Sample Purpose @ https://www.coherentmarketinsights.com/insight/request-pdf/1139 Semiconductor IP Market: Regional Insights The global semiconductor intellectual property (IP) market has been segmented on the basis of regions into North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. Asia-Pacific is expected to hold a dominant position in the global semiconductor IP market by 2025. The growth of regional market is primarily driven by increased use of consumer electronics products, which in turn has increased the demand for hard IPs such as analog IP. In Asia-Pacific, emerging economies such as India and China are manufacturing hubs for consumer electronic products, including smartphones, home appliances, and televisions. According to Coherent Market Insights’ analysis, in 2016, over 450 million units of smartphone devices were sold in China. Semiconductor IP Market: Competitive Background Major players operating in the global semiconductor IP market include Arm, Synopsys, Cadence, Imagination, Lattice Semiconductor, Ceva, Rambus, Mentor Graphics, Ememory, and Sonics. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154