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(IT-NEWSWIRE.COM, May 15, 2019 ) Growth in the recent five years is primarily driven by the following major factors, such as increasing automation integrations in the highly prominent manufacturing sector worldwide, design complexities of consumer electronic devices, and growing needs for high-speed IC designing capabilities facilitating lesser time-to-market for the products.
The global Semiconductor IP market is experiencing an intense growth with regards to the investments, new product developments, and deployment for future in the current scenario and is anticipated to rise in the coming years. The semiconductor IP market consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced product to the customers. Also, there are many stakeholders in the Semiconductor IP ecosystem that are involved in the end-to-end development of Semiconductor IP and ensuring that the best service is made available for the users.
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The List of Companies
1. ARM Holdings plc 2. Cadence Design Systems, Inc. 3. CEVA Inc. 4. eMemory Technology Inc. 5. Imagination Technologies Group plc 6. Sonics Inc. 7. Lattice Semiconductor Corporation 8. Rambus Inc. 9. Synopsys Inc. 10. VeriSilicon Holdings Co., Ltd.
Government funding for research & development, automotive manufacturers, communication equipment manufacturers, strategic partnerships between chipset manufacturers, equipment vendors, network operators and Government bodies are anticipated to enable huge surges in the Semiconductor IP market over the forecast period.
Semiconductor IP Market Insights Modular nature enabling integration flexibility coupled thereby generating high demands from the manufacturing sector worldwide In the twenty first century, the upcoming electronic and semiconductor technologies are paving way for automation to be introduced heavily in the manufacturing sector. Over the past two decades, automation in manufacturing has been a constant factor leading to transformation in the factory floor operations, manufacturing employment, as well as the dynamics of the manufacturing sector on a whole. Current trends that are buzzing in the manufacturing sector such as robotics, machine learning, and artificial intelligence have enabled the machines to match or even outpace humans in a range of activities including the cognitive activities that are required at various levels of manufacturing. An increased productivity ranging between 10-20% is observed when automation is integrated on any lean assembly line. Further, Industry 4.0 is another buzzing trend that is anticipated to take up the manufacturing sector in the coming years. The advent of Industry 4.0 or the Industrial Internet of Things (IIoT) that would utilize the powers of collaborative robots, and automated guided vehicles is further anticipated to drive productivity in the manufacturing sector.
Growing needs for facilitating lesser time-to-market for designing high functionality chips In a highly competitive scenario, time-to-market of any product plays an extremely critical role. Lesser is the time-to-market for the product, the higher is the possibility of the company taking a competitive advantage in the semiconductor IP market. Product testing can consume an inordinate amount of time and resources, slowing the time to market. Traditional technician-on-the-bench testing can take up to two weeks to fully characterize a product such as an RF power amplifier (PA). It's a long, tedious, and repetitive process. It's costly as well as the cost of manpower and the cost of lost opportunity for the results in a loss of efficiency, loss of profit, and higher product pricing.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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