The Global Semiconductor IP Market is expected to reach USD 9.8 billion by 2030, at a CAGR of 6.9% during the forecast period 2022 to 2030. The COVID-19 pandemic has been inapt and staggering with the semiconductor IP market facing considerable losses across different regions as compared to pre-pandemic levels due to the steady demands for products and solutions.In integrated circuit design, Semiconductor IP is a reusable cell or integrated circuit layout design that is the intellectual property of one party or all of a microprocessor.

The Global Semiconductor IP Market is expected to reach USD 9.8 billion by 2030, at a CAGR of 6.9% during the forecast period 2022 to 2030. The COVID-19 pandemic has been inapt and staggering with the semiconductor IP market facing considerable losses across different regions as compared to pre-pandemic levels due to the steady demands for products and solutions. With the licensing or patent right the inventors of a given semiconductor can designing or protect their design against patent infringement, while turning their designs into a revenue stream.