The worldwide market for independent memory intellectual property (IP) will reach $410.4 mln in 2009, for a compound annual growth rate (CAGR) of 12.3% from 2004 to 2009, according to In-Stat. Whether the IP is licensed from an independent provider, a design services company, or an independent device manufacturer (IDM), it now represents the foundation for virtually every integrated circuit being designed. And independent IP providers are filling a growing niche in the memory market.
Worldwide revenue for independent memory-IP providers grew by 21.2% in 2004, from $189.3 mln in 2003. Of the 20 or so companies participating in this market, the vast majority will remain relatively small, with total revenues staying below $10 mln. Companies in the Americas will continue to dominate IP licensing, followed by companies in Japan and the Asia Pacific region, respectively.