https://www.kashishworld.com/blog/understanding-the-need-to-protect-your-intellectual-property-ip/
For most of the brands and businesses across the globe, the term Intellectual Property (IP) protects more than a concept or an idea.
In sports, Intellectual Property (IP) portfolio management services are always in action.
For instance, Patents encourage technological advances that improve the sporting equipment.
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Not only on legal matters restricted to India, but we offer our clients legal services on global matters as well.
We strive to give global IPR protection services and the right consultation that will save both your time and money.
Knowledgentia has a number of dedicated associates working on a global level that can handle legal services outside of India.
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The Semiconductor Intellectual Property (IP) Market is estimated to grow exponentially in the coming years.
With its demand along with the adoption of digital and technology platforms, organizations and businesses are taking a modern turn towards achieving targets and business growth.
Factors driving the Semiconductor IP market One of the major factors that have been driving the Semiconductor IP market towards the growth is advancement in the multicore technology for the consumer electronics sector with different other factors such as the demand for the modern SoC designs.Not just this, the demand for smart watches, and wearable technology along with the adoption of the Internet of things by almost all the organizations (whether small, medium or large) is one of the major reasons that are dragging the semiconductor intellectual property market forward.
The Semiconductor IP market analysisThe semiconductor market analysis includes the growth of the market based on design IP that includes Processor IP, memory IP, and other IP.
Also, there is the IP source division, business model, vertical, etc sectors of the semiconductor IP market that derives different from the IP market as a whole.As per the MarketsandMarkets analysis, the Semiconductor IP market is estimated to grow at USD 6.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period.
If we talk about the sector which is growing at the highest rate in the whole semiconductor IP market then based on IP design, processor IP holds the largest market size of the whole semiconductor intellectual property market.The IP processor has the highest demand as it is used in the automobile sector majorly.