Licensing, Royalty and Service Revenues Analysis for 3rd Party IP Q3 2024
Discover the IP market's 11% CAGR by 2029, led by AI, high-performance computing, and SoC/Chiplet integration. CPUs dominate with 36% market share, Interface IP grows at 16%, and eFPGA leads with 38%. Explore short-term licensing trends shaping the future.
The IP market maintains robust growth, projected at +11% CAGR by 2029. Key drivers are high-performance computing, Artificial Intelligence (AI), and System-on-Chip/Chiplet integration, with CPUs leading at 36% market share. Interface IP grows fast (+16% CAGR) due to demand for high-bandwidth buses and memory interfaces, followed by memory IP (3rd largest) and graphics and DSP IP for local AI processing. Emerging eFPGA sees the highest growth rate (38%). Short-term licensing revenues outpace royalties, driven by architectural refreshes and AI accelerator adoption, with normalization expected later in the forecast period.
