Market Highlights
Various factors are driving the growth of the semiconductor memory IP market. These factors, in accordance with the Market Research Future (MRFR) report, include increasing userbase of computing devices including laptops, smartphone, and tablet, rising penetration of the internet, increasing growth of the semiconductor industry, and burgeoning demand for high-performance memory systems across various end-user verticals. Additional factors propelling market growth include higher investments in semiconductor research and development activities, availability of the high-end mobile application, and growing demand for efficient household equipment as well as smart power saving equipment.
The Semiconductor IP Market Share is expected to grow at a 13.50% CAGR over the forecast period (2018-2023), reveals the new Market Research Future (MRFR) report. Semiconductor memory simply put, is a digital electronic storage device that stores data and often are used as computer memory and implemented with semiconductor electronic gadgets on an IC (integrated circuit).
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Key Players
Key players profiled in the semiconductor memory IP market report include Siemens Business and Dolphin Integration, Mentor, SK Hynix Inc., Cadence Design Systems, Inc., Samsung Electronics Co., Ltd., Arm Limited, Micron Technology Inc., eSilicon Corporation, Synopsys, Inc., and Rambus Inc., among others.
June 2019: eMemory has announced that its one-time programmable non-volatile memory IP, NeoFuse has been qualified on Winbond 25nm DRAM process technology which is ready for production. NeoFuse is compatible with the present DRAM process. This can be utilized for DRAM repair both in chip probing tests as well as final tests to attain multi-time repairs, thereby reducing the price of laser trimming as well as repair setup time along with facilitating manufacturing flow.
Regional Analysis
Based on the region, the semiconductor memory IP market report covers growth opportunities and the latest trends across Europe, Asia Pacific (APAC), North America, and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period. It is predicted to grow at a 14.79% CAGR. The tremendous surge in the semiconductor industry in this region is supporting market growth. China, South Korea, Japan, and Taiwan are the key contributors here as they are the key manufacturing hubs of several electronic components, including semiconductor memory IPs. Besides, rampant investments being made in the research and development pipeline, the presence of leading companies, the introduction of favorable policies, and increasing production of electronic devices are again pushing market growth.
The semiconductor memory IP market in North America will have the second largest share over the forecast period. It is predicted to grow at a 13.37% CAGR. Huge consumer pool and presence of a well-established electronics industry favors the rapid expansion of the market in this region. The recent protectionist stances especially in the US, hiked levy on numerous imported products, efforts towards consolidation of semiconductor manufacturing capacity by the local policy maker in Canada and the US are boosting the market growth in this region.
Segmentation:
The Market Research Future report offers a wide segmental analysis of the semiconductor memory IP market based on type and application.
Based on type, the semiconductor memory IP market is segmented into SRAM (static random-access memory), NAND (negative AND), and DRAM (dynamic random-access memory). Of these, the DRAM segment will have the largest share in the market over the forecast period. DRAM finds numerous applications in next-generation data centers, enterprise servers, advanced graphics and network systems, high-performance computing, artificial intelligence, personal computers, and others.
Based on application, the semiconductor memory IP market is segmented into mobile computing devices, consumer electronic devices, automotive, industrial automation, networking, and others. Of these, the consumer electronics devices segment will dominate the market over the forecast period. It is predicted to grow at a 12.47% CAGR. Semiconductor memory IP is used in a wide array of consumer electronic devices such as digital imaging devices, digital TVs, devices, home networking/home automation, gaming consoles, AR/VR headsets, and others. This will be followed by the mobile computing devices segment that is predicted to touch USD 150.73 million.
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