Semiconductor IP Market to Reach US$13.5 Bn by 2034 as AI, Secure SoCs, and Defense Modernization Accelerate Chip Design Innovation
The global semiconductor intellectual property (IP) market is entering a period of sustained expansion as chipmakers increasingly rely on reusable, verified, and application-specific IP blocks to accelerate semiconductor development. The industry was valued at US$7.1 Bn in 2023 and is estimated to grow at a CAGR of 5.9% from 2024 to 2034, reaching approximately US$13.5 Bn by the end of 2034.👉...
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