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Market Highlights:The global semiconductor memory IP market is expected to reach a valuation of USD 1.22 Bn by the year 2023, reflecting a CAGR of 13.50% (2018-2023). Fueled by the increasing penetration of smartphone, tablets, and laptops, the global sales of semiconductor memory IP have increased manifolds in recent years. Demand for electronic devices have increased due to the introduction of high-end applications. The focus is shifting towards developing devices that support heavier computing applications. Processors and memory are an integral part of any system architecture. The use of heterogeneous computing requires shared memory, high throughput, and low power consumption.
Modern devices require powerful chipsets and processors as they are bound to expand memory capacity. It is important to enhance semiconductor memory IP in order to meet the performance requirements. Development of NAND technology such as 3D NAND memory technology has enabling the devices to reach a higher performance level.
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Major Key Players
• Micron Technology Inc.,
• Synopsys, Inc.,
• Arm Limited,
• Cadence Design Systems, Inc.,
• Dolphin Integration,
• Samsung Electronics Co., Ltd.,
• eSilicon Corporation,
• Micron Technology Inc.,
• Mentor,
• Rambus Inc.
• SK Hynix Inc.
The report provides insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
According to MRFR, The global Semiconductor Memory IP Market is currently valued at over USD 580 Mn and expected to exhibit a CAGR of 13.50% during the review period (2018-2023).
Segmentation:
Segmental analysis of the global semiconductor memory IP market is conducted on the basis of type, application and region.
By type, the market is segmented into DRAM (dynamic random-access memory), NAND (negative AND) and SRAM (Static Random-Access Memory). In 2017, the DRAM segment commanded 45.2% market share and was reached a valuation of USD 266.86 Mn. In addition, the segment is expected to exhibit a double-digit CAGR of 12.99% between 2018 and 2023. DRAMs are memory cells which consist of a capacitor and a transistor. DRAMs find various applications in personal computers, artificial intelligence, ranging from high-performance computing (HPC), advanced graphics and network systems, enterprise servers, and next-generation data centers. The NAND segment accounts for the second largest market share and is projected to witness a relatively higher CAGR.
By application, the market has been segmented into networking, industrial automation, automotive, consumer electronic devices, mobile computing devices, and others. The consumer electronic devices segment accounted for 31.5% market share in 2017. The segment is currently valued at over USD 200 Mn and is set to capture an impressive CAGR of 12.47% between 2018 and 2023. Semiconductor memory IP finds application in a wide range of consumer electronic devices, including wearables such as AR/VR headsets, gaming consoles, set-top box, home automation/home networking devices, digital TVs, and digital imaging devices. The mobile computing devices segment holds the second position with a market valuation of USD 150.73 Mn.
Regional Analysis:
On the basis of region, the global semiconductor memory IP market is segmented into North America, Latin America, the Middle East & Africa (MEA), Europe and Asia Pacific (APAC). In terms of revenue, the Asia Pacific (APAC) accounts for the largest share of the market. In 2017, the APAC semiconductor memory IP market stood at a valuation of USD 240.4 Mn and is projected to exhibit a CAGR of 14.79% during the assessment period. The tremendous surge in the semiconductors industry in the APAC is supporting the growth of the market. Several APAC countries, including China, Taiwan, South Korea and Japan are key players in the global semiconductor manufacturing industry. Moreover, the sector in the region is witnessing rampant investment in R&D pipeline.
Other factors such as high production of electronic devices and introduction of favorable policies are also driving the growth of the market in APAC. North America is the second largest market for semiconductor memory IP and is projected to exhibit a CAGR of 13.37%. Presence of an established electronics industry along with a massive consumer pool favors a rapid market expansion in North America. At the same time, efforts towards consolidation of semiconductor manufacturing capacity by local policy makers in countries such as the U.S. and Canada is likely to boost investor confidence. However, US-based manufacturers face tough competition from their Asian counterparts who are using aggressive pricing strategies.
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Intended Audience
• Semiconductor components manufacturers
• OEMs
• IP customers
• Government
• Research Institutes
• Consultants/advisory firms
• Value-Added Resellers (VARs)
• Strategic business partners
List of Tables
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL SEMICONDUCTOR MEMORY IPMARKET, BY PRODUCT, 2017-2023
TABLE 3 GLOBAL SEMICONDUCTOR MEMORY IPMARKET, BY APPLICATIONS, 2017-2023
TABLE 4 GLOBAL SEMICONDUCTOR MEMORY IPMARKET, BY REGION, 2017-2023
TABLE 5 NORTH AMERICA: SEMICONDUCTOR MEMORY IPMARKET, BY COUNTRY, 2017-2023
Continued……
List of Figueres
FIGURE 1 GLOBAL SEMICONDUCTOR MEMORY IPMARKET: MARKET STRUCTURE
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 DROC ANALYSIS OF GLOBAL SEMICONDUCTOR MEMORY IPMARKET
FIGURE 5 GLOBAL SEMICONDUCTOR MEMORY IPMARKET, BY PRODUCT, 2017-2023
FIGURE 6 GLOBAL SEMICONDUCTOR MEMORY IP MARKET, BY APPLICATIONS, 2017-2023
Continued……
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Release ID: 510532
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