The Global Market for Semiconductor Intellectual Property Market is Projected to Surpass US$5.9 Billion by 2020
Proliferation of Electronic & Communication Devices Drives the Semiconductor Intellectual Property Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Semiconductor Intellectual Property market. The global market for Semiconductor Intellectual Property market is projected to surpass US$5.9 billion by 2020 , driven by the proliferation of communication & consumer electronic devices, growing functionalities of chips, and rising design costs. Semiconductor component manufacturers are concentrated in just a few countries worldwide including the United States, Taiwan, South Korea, China, and select locations in Europe. Semiconductor is a technology and knowledge intensive industry with advances in the field impacting the licensing industry. Increasing shift towards smart and connected devices along with the growing emphasi