The Analog and Mixed Signal IP Market size is estimated at USD 193.82 million in 2024, and is expected to reach USD 392.73 million by 2029, growing at a CAGR of 15.17% during the forecast period (2024-2029).
The semiconductor market's downturn at the start of 2020 is significantly owing to the COVID-19 pandemic's impact on the entire industry. The lockdowns that have been enforced by the spread of COVID-19 across the world have not only affected the manufacturing of devices but also reduced consumer's demand.
According to the Consumer Technology Association, the growth rate of the consumer electronics industry in the United States fell by 2.2% in 2020, which was the first decrease in the growth rate in the consumer electronics landscape of the United States after several years.
The analog and mixed signal IP is quite fragmented as the global players are engaged in integrating the signal in various applications like consumer electronics, automotive, etc., which gives an intense rivalry among the competitors. Key players are Cadence Design Systems Inc., Taiwan Semiconductor Manufacturing Company Limited, Global foundries Inc., and Samsung Electronics Co. Ltd.
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