Technology

Semiconductor IP Market size is set to grow by USD 2.71 billion from 2024-2028, complex chip designs and use of multi-core technologies to boost the market growth, Technavio

Published

2 years ago

June 18, 2024

NEW YORK, June 18, 2024 /PRNewswire/ — The global semiconductor IP market size is estimated to grow by USD 2.71 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.47% during the forecast period. Complex chip designs and use of multi-core technologies is driving market growth, with a trend towards emergence of nanophotonic ICs. However, reuse of semiconductor IP poses a challenge. Key market players include Achronix Semiconductor Corp., Advanced Micro Devices Inc., Alphawave IP Group plc, Arm Ltd., Arteric Inc., Cadence Design Systems Inc., CAST Inc., CEVA Inc., Dolphin Design SAS, Dream Chip Technologies GmbH, eMemory Technology Inc., Faraday Technology Corp., Imagination Technologies Ltd., Lattice Semiconductor Corp., Perceptia Devices Australia, Rambus Inc., Siemens AG, Synopsys Inc., VeriSilicon Microelectronics Shanghai Co. Ltd., and videantis GmbH.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Fabless semiconductor companies, IDMs, and Foundries), Application (Mobile computing devices, Consumer electronics, Automotive, Industrial automation, and Others), Form Factor (Processor IP, Physical IP, and Digital IP), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Achronix Semiconductor Corp., Advanced Micro Devices Inc., Alphawave IP Group plc, Arm Ltd., Arteric Inc., Cadence Design Systems Inc., CAST Inc., CEVA Inc., Dolphin Design SAS, Dream Chip Technologies GmbH, eMemory Technology Inc., Faraday Technology Corp., Imagination Technologies Ltd., Lattice Semiconductor Corp., Perceptia Devices Australia, Rambus Inc., Siemens AG, Synopsys Inc., VeriSilicon Microelectronics Shanghai Co. Ltd., and videantis GmbH

Key Market Trends Fueling Growth

The semiconductor IP market is experiencing growth due to the integration of nanophotonic structures in electronic devices. These structures enable the development of miniaturized semiconductor devices with higher integration densities, high-density optoelectronic ICs for optical fiber communication, and flexible electronics circuits. IBM is a leading vendor in this space, having developed low-cost, commercially available electronic-photonic ICs. The adoption of nanophotonic technology for transistor development, such as carbon nanotube transistors, is increasing design complexity and driving innovation in memory chip layout design. The global nanophotonic IC market is expected to reach USD79.42 million by 2021, growing at a CAGR of 14.51%.

The Semiconductor Intellectual Property (IP) market is experiencing significant growth due to the increasing demand for advanced technologies. Chip companies require efficient and effective IP cores for their designs. Memory IP, such as SRAM and ROM, is a major segment in this market. Processors, connectivity IP, and interface IP are also key areas of focus. The trend towards miniaturization and higher performance is driving the need for new and innovative IP solutions. Companies like Intellectual Property (IP) providers offer a wide range of IP cores for various applications. These IP cores are essential for the design and development of modern electronic systems. The IP market is competitive, with many players vying for market share. However, those who can provide high-quality, reliable, and cost-effective IP solutions will thrive in this market.

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The semiconductor industry faces significant challenges with third-party IP usage, leading to extensive IP reuse over the past 15 years. Companies often lack proper methods to manage and track IP cores, including crucial RTL data and licensing metadata. This oversight can result in unintentional IP reuse, causing financial penalties and legal issues. Few companies prioritize IP block management, leaving many vulnerable to IP violations. Instances of unintentional IP reuse include new design teams mistakenly using third-party IP and engineers unaware of IP agreement terms. Annual IP reuse increases financial liability for companies at risk of IP violations. Proper IP management is essential to mitigate these challenges and ensure the semiconductor IP market’s growth.The semiconductor IP market faces several challenges in today’s technology landscape. Intellectual property (IP) providers must keep up with the rapid advancements in technology, such as the increasing complexity of designs and the need for smaller, more power-efficient chips. Technologies like FinFET and 7nm processes require new and innovative IP solutions. Additionally, the growing importance of security and reliability in semiconductor designs presents a challenge for IP providers. Cost and time-to-market pressures also loom large, making it essential for IP providers to offer flexible licensing models and efficient design integration. Competition from both established players and new entrants adds to the complexity of the market. Overall, the semiconductor IP market requires providers to be agile, innovative, and responsive to meet the evolving needs of the industry.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

This semiconductor ip market report extensively covers market segmentation by

End-user 1.1 Fabless semiconductor companies1.2 IDMs1.3 FoundriesApplication 2.1 Mobile computing devices2.2 Consumer electronics2.3 Automotive2.4 Industrial automation2.5 OthersForm Factor3.1 Processor IP3.2 Physical IP3.3 Digital IPGeography 4.1 North America4.2 APAC4.3 Europe4.4 South America4.5 Middle East and Africa

1.1 Fabless semiconductor companies- In the semiconductor industry, fabless companies opt for third-party IP licenses to minimize manufacturing overheads and reduce design time. This approach saves fabless companies an average of USD90-190 million and cuts down designing time by half, compared to in-house processor development. Notable companies, including Actions Semiconductor, Allwinner Technology, Marvell, AMD, Broadcom, MediaTek, Microchip, Rambus, Qualcomm, Xilinx, and Realtek, have adopted this strategy to meet OEM requirements and bring semiconductor devices to market more efficiently. The use of third-party IPs is projected to continue growing in the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Semiconductor IP market plays a crucial role in system design, enabling the creation of various electronic devices in sectors such as telecommunications, automotive, consumer electronics, industrial devices, and emerging technologies. Chip design processes involve significant development expenses, making IP cores an essential component for operational efficiency and cost-effectiveness. SoC designs incorporate processors, memory modules, analog circuits, and interface modules from IP providers. Collaboration between semiconductor manufacturers and IP providers is essential for innovation, product launches, and time-to-market advantages. Design efficiency, chip reliability, and performance are key considerations in the selection of IP cores. Intellectual property protection is essential to prevent patent infringement and maintain a competitive edge in research and development. Market expansion in various sectors drives the demand for semiconductor IP solutions.

Market Research Overview

The Semiconductor Intellectual Property (IP) market refers to the buying and selling of pre-designed and tested semiconductor IP cores and blocks. These IP cores and blocks include digital signal processing (DSP) cores, memory interfaces, and processor cores, among others. The semiconductor IP market caters to various industries such as automotive, consumer electronics, industrial, and telecommunications. The market is driven by the increasing demand for miniaturization, cost reduction, and time-to-market considerations in semiconductor design. The semiconductor IP market also offers benefits such as reduced design risk, faster time-to-market, and lower development costs. The market is expected to grow significantly due to the increasing adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT).

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userFabless Semiconductor CompaniesIDMsFoundriesApplicationMobile Computing DevicesConsumer ElectronicsAutomotiveIndustrial AutomationOthersForm FactorProcessor IPPhysical IPDigital IPGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/semiconductor-ip-market-size-is-set-to-grow-by-usd-2-71-billion-from-2024-2028–complex-chip-designs-and-use-of-multi-core-technologies-to-boost-the-market-growth-technavio-302175308.html

SOURCE Technavio

Technology

Walmart Has 23.6% of U.S. Grocery Sales – But Costco Owns the AI Answer – 5W Grocery Retail AI Visibility Index 2026

Published

1 hour ago

May 7, 2026

Walmart Owns 21% of U.S. Grocery — But Costco Owns the AI Answer

NEW YORK, May 7, 2026 /PRNewswire/ — 5WPR, the premier AI communications firm in the United States, today released the U.S. Grocery Retail AI Visibility Index 2026 — the 11th installment in 5W’s AI Visibility Index research series, and the first to rank American grocery retailers by how frequently they are cited inside AI-generated answers.

The headline finding rewrites the category league table.

Walmart, with approximately 21 percent of U.S. grocery market share — the largest in the country — ranks fourth in AI citation share. The retailer cited most often when American shoppers ask ChatGPT, Claude, Perplexity, or Google AI Overviews where to buy their groceries is Costco. Trader Joe’s ranks second. Whole Foods ranks third. Aldi, H-E-B, and Wegmans are all punching far above what their physical footprint would predict.

“Market share is a lagging indicator. AI citation share is a leading indicator,” said Ronn Torossian, Founder and Chairman of 5W. “The grocers who close that gap in 2026 will define the category in 2030. Most grocery CMOs we talk to are running 2019 playbooks against 2026 consumer behavior.”

5W researchers ran more than 80 consumer-intent queries across 12 sub-categories — best overall grocery store, cheapest, highest-quality produce, best private label, best organic, best meal planning, best bulk, best delivery, best customer service, best regional, and others — across the four leading consumer AI platforms. Each retailer was scored on citation frequency, position within the answer, sentiment, and sub-category dominance.

The top 10: Costco, Trader Joe’s, Whole Foods, Walmart, Kroger, Aldi, H-E-B, Publix, Wegmans, and Target.

Key structural findings:

Market share no longer predicts AI citation share. Walmart’s roughly 21 percent share translates to an estimated 8 to 10 percent AI citation share across premium query categories. The decoupling is the single largest such gap in American retail.Private label is the highest-leverage citation asset a grocer owns. Kirkland, Trader Joe’s, 365, Good & Gather, and Great Value are cited directly by name in AI answers at rates that exceed most national CPG brands.Regional loyalty translates directly into regional AI dominance. Regional chains outperform national chains in their home markets by 3x or more.Reddit and TikTok are under-priced citation surfaces. Perplexity pulls a majority of its answers from community sources. ChatGPT and Claude weight Reddit heavily.

The report also identifies six 2026 dynamics reshaping the category, including the new GLP-1 grocery basket, Aldi’s expansion as a citation-compounding program, and Walmart’s CEO transition from Doug McMillon to John Furner — effective February 1, 2026 — as a brand-narrative inflection point.

The full Index, including ranks 11 through 25 and sub-category breakdowns, is available as a free download at 5wpr.com/research.

About 5W

5W is the AI Communications Firm, building brand authority across the platforms where decisions now happen — ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews — alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research, helping clients measure and grow their presence in AI-driven buyer research.

Founded more than 20 years ago, 5W has been recognized as a top U.S. PR agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, and honored as a Top Place to Work in Communications in 2026 by Ragan. 5W serves clients across B2C sectors including Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit; B2B specialties including Corporate Communications and Reputation Management; as well as Public Affairs, Crisis Communications, and Digital Marketing, including Social Media, Influencer, Paid Media, GEO, and SEO. 5W was also named to the Digiday WorkLife Employer of the Year list.

For more information, visit www.5wpr.com.

Media Contact
Chris Bergin
cbergin@5wpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/walmart-has-23-6-of-us-grocery-sales—but-costco-owns-the-ai-answer—5w-grocery-retail-ai-visibility-index-2026–302763266.html

SOURCE 5W Public Relations

Technology

ICAT Logistics Appoints Youssef Annali as Chief Financial Officer

Published

1 hour ago

May 7, 2026

Transportation and logistics finance leader joins as ICAT accelerates its next phase of growth

DALLAS, May 7, 2026 /PRNewswire/ — ICAT Logistics announces the appointment of Youssef Annali as Chief Financial Officer. Annali brings more than two decades of senior finance leadership across global logistics and supply chain businesses, and joins as the company scales its platform, team, and operational capabilities globally.

Annali joins ICAT from OIA Global, a $1.4 billion revenue supply chain management leader, where he served as CFO for four years overseeing Finance, Corporate Development, Strategy, Legal, Compliance, and Real Estate. Prior to OIA, he spent eleven years at CEVA Logistics—one of the world’s largest freight and logistics providers—rising to CFO & EVP Finance for North America, where he held financial accountability for a business generating over $4.5 billion in annual revenue and more than 14,000 employees. Earlier in his career, he served in senior finance roles at Abbott, KPMG, and PricewaterhouseCoopers.

Annali has a consistent track record of building finance functions that support strategic growth and has deep experience across financial planning, M&A, treasury, and corporate restructuring. He holds a Post-Master’s in Finance and Control from the University of Amsterdam and a Master’s in Business Administration from the University of Groningen.

“Youssef has led high-performing finance teams at the highest levels of global logistics. He brings the operational depth and strategic mindset our platform demands as we enter the next phase of growth,” said Brad Stogner, CEO of ICAT Logistics.

“ICAT has built something genuinely differentiated—a specialized platform operating in verticals where precision and domain expertise are non-negotiable. The foundation is strong, and the opportunity ahead is significant. I look forward to working with the team to accelerate that momentum,” said Youssef Annali, Chief Financial Officer of ICAT Logistics.

About ICAT

ICAT is the world’s leading specialized logistics company, delivering customized solutions and deep vertical expertise to industries where failure is not an option. With 65 offices and operating capabilities in 190 countries, ICAT serves customers across Live Events, Luxury, Technology, Defense & Aerospace, Life Sciences, and Financial Institutions—sectors defined by uncompromising performance standards. ICAT’s proprietary, AI-powered technology platform provides end-to-end visibility and predictive intelligence, enabling precise execution for the most demanding operations.

ICAT is backed by New Atlas Capital following its acquisition of the Company in 2024.

Contact Information

ICAT Logistics, Inc.
8840 Cypress Waters Blvd, Ste 325,
Coppell, TX, 75019
marketing@icatlogistics.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/icat-logistics-appoints-youssef-annali-as-chief-financial-officer-302765924.html

SOURCE ICAT Logistics, Inc.

Technology

HelloNation Article Highlights Poughkeepsie’s Focus on Youth Investment, Neighborhood Parks and Sustainable Reuse

Published

1 hour ago

May 7, 2026

The article examines how redevelopment projects and youth programs are reshaping community life across Poughkeepsie.

POUGHKEEPSIE, N.Y., May 7, 2026 /PRNewswire/ — What does long term community growth look like when a city invests in both people and public spaces? HelloNation has published a HelloNation article that provides the answer through a detailed look at how Poughkeepsie is combining youth investment, neighborhood improvements and adaptive reuse projects to support residents and strengthen the city’s future.

The article explains that Poughkeepsie is undergoing a period of reinvention centered on infrastructure upgrades, youth programming and redevelopment along the city’s Northside. According to the article, local and county leaders are working to create spaces where residents can learn, gather and build stronger community connections. The article notes that these efforts are intended to improve quality of life while helping the city grow in a more sustainable and inclusive way.

A major focus of the article is the planned Youth Opportunity Union, also known as the YOU, a large multipurpose youth facility backed by Dutchess County. The HelloNation article describes the project as a 19,000 square foot center that will include childcare services, wellness support, tutoring areas, teaching kitchens and both indoor and outdoor recreation spaces. The article explains that the project reflects a larger regional effort to increase opportunities for children and teenagers in underserved communities.

The article also highlights additional youth centered investments connected to sports, education and recreation. According to the article, Dutchess County has awarded grants to local organizations serving young people between the ages of 6 and 17. The article further explains that Poughkeepsie’s City Parks program has introduced mini grants designed to support renovations and activities in neighborhood parks, including Pershing Avenue and Malcolm X parks.

Beyond youth programs, the article details how the city is working to improve transportation and neighborhood infrastructure. The HelloNation article explains that Poughkeepsie launched its first five year paving plan in 2025, beginning with major roadway improvements on Main Street and other corridors. The article states that these upgrades are intended to improve safety, durability and daily conditions for residents while supporting broader redevelopment goals throughout the city.

Another important part of the article focuses on adaptive reuse and environmental redevelopment on the Northside. The article describes how Scenic Hudson plans to transform the former Standard Gage Factory into the Northside Hub, a redevelopment project designed to serve as both a nonprofit headquarters and a community gathering space. According to the article, the project will feature solar powered operations, office space, public parkland and community facilities near the Walkway Over the Hudson and Dutchess Rail Trail.

The article also explains that Poughkeepsie’s selection as the Mid Hudson winner in New York’s Downtown Revitalization Initiative adds additional momentum to current redevelopment efforts. The HelloNation article notes that the funding will support new downtown projects that build on existing investments in youth programs, infrastructure and adaptive reuse. Together, these efforts are presented as part of a broader strategy to create long term stability and opportunity for local residents.

The article concludes that Poughkeepsie’s emerging identity is closely tied to projects that strengthen neighborhoods while supporting future generations. Poughkeepsie Puts Youth, Neighborhood Parks and Sustainable Reuse at the Center of Renewal features insights from HelloNation Staff Writer, community development coverage of Poughkeepsie, New York, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities. HelloNation maintains partnerships with the U.S. Conference of Mayors, and the United States First Responders Association.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-article-highlights-poughkeepsies-focus-on-youth-investment-neighborhood-parks-and-sustainable-reuse-302765999.html

SOURCE HelloNation