The market for third-party semiconductor intellectual property (SIP) continues to exhibit growth well beyond the (CAGR) Compound Annual Growth Rate for the semiconductor industry. Semico just completed an in-depth analysis and breakdown of the SIP market in a report called Licensing, Royalty and Service Revenues For 3rd Party SIP (SC105-18). The 2017 to 2022 CAGR is projected to be 10.9%, about 1.5 to 2.0 times the overall semiconductor market growth. In order to have double-digit growth you must have drivers sufficient to propel the SIP market, and Semico believes the market certainly has plenty of exciting potential today. The emergence of silicon architectures for Machine Learning (ML) and Artificial Intelligence (AI) are examples of concepts that have become reality in just a few short years.