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Microcontrollers, DSPs, & IP-Core Chips market worth $41.69 Billion by 2020

Microcontrollers, which are one of the most widely used component in industries such as automobile and consumer electronics, have seen tremendous improvements in recent years in terms of increased number of applications as well as developments in technology. With the increased rate of consumer devices involving image, audio, and video processing, demand of digital signal processors have been positive. Also, the need for improved performance, fast time-to-market, increased customization, and lower risk of fatigue is profiting the Intellectual Property (IP) core chip companies tremendously. A semiconductor Intellectual Property Core, also known as IP Core or IP Block, is a unit of architectural layout of a specific or whole part of a semiconductor chip. IP cores, after the development by third parties, in general are licensed to semiconductor chip manufacturers. Or they can be developed in-house, owned and used by a single semiconductor chip manufacturer alone. IP cores can be used as building blocks within semiconductor chips to add advanced features and characteristics by developing them as per the prescribed architectural design.

Browse 78 market tables and 58 figures spread through 300 pages on "Microcontrollers, DSP, & IP Core Chip Market by Type, Applications (Automotive & Transportation, Consumer Electronics, Industrial, Communications, Security, and Medical & Healthcare) and Geography (Americas, Europe, APAC & ROW) - Analysis & Forecast to 2014 – 2020"
http://www.marketsandmarkets.com/Market-Reports/microcontrollers-market-108837146.html

The report on the Microcontrollers, Digital signal processor, and IP core chips market analyzes the Microcontroller, DPS, and IP core chip’s individual value chain, giving a bird’s eye-view of all the major and allied segments to the industry. The Microcontrollers, Digital signal processor, and IP core chips market is classified by various types of market segmentations and discussed in detail with the market estimates for each of the sub-segments. The report also discusses and analyzes the market dynamics of the individual markets, namely its market drivers, restraints, and opportunities along with the industry’s burning issues and winning imperatives.

This study showcases a comprehensive overview of the global market by enveloping all major market segmentations combined with detailed qualitative and quantitative analysis of each market segment. The market numbers are forecasted from 2013 till 2020, to present a glance of the huge market potential offered within the forecast period.

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Microcontrollers, Digital signal processor, & IP-core chips market is expected to reach $41.69 Billion by 2020, growing at a CAGR of 6.96% from 2014 to 2020.

Microcontrollers, Digital signal processor, and IP core chips are the backbone of all the systems and products that modern day consumers use to communicate, travel, entertain, work, produce energy, and increase comfort. Over the last few decades, Moore’s Law which connects the increasing power and decreasing price of semiconductors, led to a tremendous growth of the electronics industry. This, in turn, has led to the continuous production of devices and solutions which are cheaper, more powerful, and smaller in size. Also, the government interests in building semiconductor industries in the developing countries, such as China and India, is a push for the Microcontrollers, DSPs, and IP core chips market and all the related semiconductor markets.

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The Microcontrollers, DSPs, and IP core chips markets are expected to show a huge potential in terms of applications such as automotive and transportation, consumer electronics, industrial, security, communications, and medical and healthcare. The emergence of a number of connected devices, increased demand of faster image, video, and audio processing capabilities, and immense competition are pushing increased investments in the R&D activities. This is bound to result in a significant number of changes in the Microcontrollers, DSPs, and IP core chips market.

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