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Global Semiconductor Market Growth
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Overview
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The global semiconductor IP market is projected to reach $9.67 billion by 2028, growing at a CAGR of 10% from 2021 to 2028. The automotive semiconductor market is expected to reach $153.86 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032. The automotive power semiconductor market is projected to reach $1.89 billion by 2030, growing at a CAGR of 7.7% from 2023 to 2030.
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How will the increasing adoption of electric and hybrid vehicles impact the semiconductor IP market?
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