Displayport IP Market Overview
Displayport IP Market Size was estimated at 3.64 (USD Billion) in 2022. The Displayport IP Market Industry is expected to grow from 3.95(USD Billion) in 2023 to 8.25 (USD Billion) by 2032. The Displayport IP Market CAGR (growth rate) is expected to be around 8.52% during the forecast period (2024 - 2032).
Key Displayport IP Market Trends Highlighted
The Displayport IP Market is experiencing significant growth, driven by the rising demand for high-resolution displays in various electronic devices. As consumers seek immersive and seamless visual experiences, the adoption of DisplayPort technology is expanding across smartphones, laptops, gaming consoles, and televisions.
The proliferation of 4K and 8K video content is fueling the need for higher bandwidth and reliable connectivity, making DisplayPort an ideal solution. Additionally, the growing popularity of virtual reality (VR) and augmented reality (AR) applications, which demand low latency and high refresh rates, is further driving market growth.
Displayport IP providers are exploring opportunities to integrate advanced features into their solutions, such as HDR support, USB Type-C connectivity, and adaptive sync technologies. These advancements enhance the user experience and cater to the evolving demands of the market. The trend towards thinner and lighter devices is also driving the adoption of compact DisplayPort connectors and chipsets, enabling seamless integration into mobile and portable electronics.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Displayport IP Market Drivers
Increasing Adoption of High-Resolution Displays
The growing popularity of high-resolution displays, such as 4K and 8K, is driving the demand for Displayport IP. These displays require higher bandwidth and faster data transfer rates, which can be provided by DisplayPort. Displayport IP enables the transmission of high-resolution video and audio signals over a single cable, making it an ideal solution for connecting high-resolution displays to computers, TVs, and other devices. The increasing adoption of high-resolution displays is expected to continue to drive the growth of the Displayport IP Market Industry in the coming years.
Growing Demand for Gaming and Entertainment Applications
The gaming and entertainment industries are major drivers of the Displayport IP Market Industry. Displayport IP is widely used in gaming monitors, TVs, and other devices that require high-performance video and audio transmission. The growing demand for immersive gaming and entertainment experiences is fueling the need for higher-quality displays and faster data transfer rates, which can be provided by Displayport IP. The increasing popularity of cloud gaming and virtual reality (VR) is also contributing to the growth of the Displayport IP market.
Expansion of the Automotive Industry
The automotive industry is another key driver of the Displayport IP Market Industry. Displayport IP is used in infotainment systems, instrument clusters, and other display applications in vehicles. The growing demand for connected cars and autonomous vehicles is driving the need for higher-bandwidth and faster data transfer rates, which can be provided by Displayport IP. The increasing adoption of Displayport IP in the automotive industry is expected to continue to drive the growth of the market in the coming years.
Displayport IP Market Segment Insights
Displayport IP Market End Device Type Insights
The End Device Type segment of the Displayport IP Market is classified into Graphics Cards, Motherboards, Monitors, Projectors, TVs, Portable Media Players, and Other (Automotive, Industrial, etc.). Graphics Cards Graphics Cards are expected to hold the largest share of the Displayport IP Market. The increasing demand for high-resolution gaming and video editing is driving the growth of this segment.
Motherboards Motherboards are also expected to contribute significantly to the market growth. The rising popularity of mini-ITX and micro-ATX motherboards is expected to fuel the demand for Displayport IPs.Monitors Monitors are another important segment of the Displayport IP Market. The growing adoption of multi-monitor setups and the increasing popularity of curved and ultra-wide monitors are the key factors driving the growth of this segment.
Projectors Projectors are expected to witness a steady growth in the coming years. The increasing use of projectors in home theaters and corporate meeting rooms is expected to drive the demand for Displayport IPs. TVs TVs are another important segment of the Displayport IP Market. The growing popularity of 4K and 8K TVs is expected to drive the demand for Displayport IPs.
Portable Media Players Portable Media Players are expected to account for a small share of the Displayport IP Market. However, the growing popularity of portable gaming consoles and the increasing use of media streaming services are expected to drive the demand for Displayport IPs in this segment. Other (Automotive, Industrial, etc.) The Other segment includes Displayport IPs used in automotive, industrial, and other applications. The growing demand for high-resolution displays and the increasing adoption of Displayport in various end devices are the key factors driving the market growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Displayport IP Market Resolution Insights
The Resolution segment of the Displayport IP Market is driven by multiple factors, including the increasing demand for high-resolution displays and the adoption of advanced technologies such as 4K and 8K. Full HD (1920x1080) currently dominates the market, while higher resolutions such as 4K (3840x2160) and 8K (7680x4320) are gaining traction. The market for 5K (5120x2880) displays is also expected to grow significantly in the coming years.
Displayport IP Market Version Insights
The Version segment of the Displayport IP Market is segmented into 1.0, 1.1, 1.2, 1.3, 1.4, 1.4a, 2.0, 2.1, and Other (Specific DisplayPort Versions). The 1.4 version currently dominates the market, accounting for over 45% of the Displayport IP Market revenue in 2023. This dominance is attributed to its widespread adoption in consumer electronics, including laptops, monitors, and TVs.
The 2.0 version is expected to gain significant traction in the coming years, driven by its increased bandwidth and support for higher resolutions and refresh rates.The 1.2 and 1.3 versions are also expected to witness steady growth due to their continued use in legacy systems. The Other (Specific DisplayPort Versions) segment includes older versions such as 1.0 and 1.1, which are still used in niche applications.
Displayport IP Market Interface Type Insights
The Interface Type segment of the Displayport IP Market is classified into eDP (Embedded DisplayPort), wDP (Wireless DisplayPort), Thunderbolt, USB-C, and Other (HDMI, DVI, etc.). eDP is expected to dominate the market in the coming years due to its widespread adoption in laptops and other mobile devices. wDP is gaining popularity in the market due to its ability to transmit audio and video signals wirelessly.
Thunderbolt is another popular interface type that is used in high-end laptops and desktops. USB-C is a newer interface type that is gaining traction in the market due to its versatility and ability to transmit data, power, and video signals.The Other (HDMI, DVI, etc.) segment includes legacy interface types that are still used in some applications. The Displayport IP Market is expected to grow at a CAGR of 8.52% from 2023 to 2032, reaching a valuation of USD 8.25 billion by 2032.
Displayport IP Market Regional Insights
The regional segmentation of the Displayport IP Market provides insights into the market's geographic distribution and growth potential. North America is expected to dominate the market in 2023, with a revenue of 1.25 billion USD. The region's high adoption of advanced technologies, presence of major industry players, and growing demand for high-performance displays contribute to its market dominance.
Europe is projected to follow with a revenue of 0.95 billion USD in 2023, driven by increasing investments in smart devices and the expansion of the automotive industry.APAC is anticipated to exhibit the highest growth rate of 9.2% during the forecast period, owing to rapid urbanization, rising disposable income, and increasing demand for consumer electronics. South America and MEA are expected to hold a smaller market share but present opportunities for growth due to expanding IT infrastructure and urbanization.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Displayport IP Market Key Players And Competitive Insights
Major players in Displayport IP Market industry are constantly striving to gain a competitive edge through strategic partnerships, acquisitions, and product innovations. Leading Displayport IP Market players are investing heavily in research and development to enhance their product offerings and cater to the evolving needs of customers. The Displayport IP Market Competitive Landscape is characterized by a mix of established players and emerging companies.
A leading company in the Displayport IP Market industry, Xilinx, has a strong market presence and a wide range of product offerings. The company's Displayport IP product line includes IP cores, reference designs, and software tools that enable customers to design and implement Displayport interfaces into their electronic devices. Xilinx has a global presence and a strong network of distributors and partners, which allows it to reach a wide customer base. The company's commitment to innovation and customer support has helped it maintain a leadership position in the Displayport IP Market.
A competitor company in the Displayport IP Market, Synopsys, is also a major player in the semiconductor industry. The company's Displayport IP product portfolio includes a range of IP cores, verification IP, and design tools. Synopsys has a strong track record of innovation and has been at the forefront of developing new technologies for the Displayport interface. The company's focus on providing high-quality products and comprehensive support has helped it gain a loyal customer base.
Key Companies in the Displayport IP Market Include
- Wolfspeed (Cree)
- Wolfspeed
- Parade Technologies
- VIA Technologies
- NXP
- Semtech
- AMD
- Intel
- Renesas Electronics
- Silicon Image (Novatek)
- Marvell Technology Group
- ROHM Semiconductor
- Cypress Semiconductor
- onsemi (Fairchild Semiconductor)
- Analogix Semiconductor
Displayport IP Market Industry Developments
The Displayport IP Market is projected to reach USD 8.25 billion by 2032, exhibiting a CAGR of 8.52% during the forecast period (2024-2032). Rising demand for high-resolution displays in various applications, including consumer electronics, gaming, and healthcare, is driving market growth. The increasing adoption of DisplayPort technology in laptops, desktops, and monitors due to its high bandwidth and low latency capabilities is further contributing to market expansion.
Recent news developments in the market include the launch of new Displayport IP solutions by leading semiconductor companies such as Intel and Analog Devices. These solutions offer improved performance, power efficiency, and support for the latest DisplayPort standards. Additionally, the growing trend of virtual and augmented reality (VR/AR) is expected to create new opportunities for Displayport IP in the coming years.
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Displayport IP Market End Device Type Outlook
- Graphics Cards
- Motherboards
- Monitors
- Projectors
- TVs
- Portable Media Players
- Other (Automotive, Industrial, etc.)
-
Displayport IP Market Resolution Outlook
- Full HD (1920x1080)
- 2K (2560x1440)
- 4K (3840x2160)
- 5K (5120x2880)
- 8K (7680x4320)
- Other (Specific Resolution Bands)
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Displayport IP Market Version Outlook
- 0
- 1
- 2
- 3
- 4
- 4a
- 0
- 1
- Other (Specific DisplayPort Versions)
-
Displayport IP Market Interface Type Outlook
- eDP (Embedded DisplayPort)
- wDP (Wireless DisplayPort)
- Thunderbolt
- USB-C
- Other (HDMI, DVI, etc.)
-
Displayport IP Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Displayport IP Market Report Scope
Report Attribute/Metric |
Details |
Market Size 2022 |
3.64 ( USD Billion) |
Market Size 2023 |
3.95 ( USD Billion) |
Market Size 2032 |
8.25 ( USD Billion) |
Compound Annual Growth Rate (CAGR) |
8.52% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Wolfspeed (Cree), Wolfspeed, Parade Technologies, VIA Technologies, NXP, Semtech, AMD, Intel, Renesas Electronics, Silicon Image (Novatek), Marvell Technology Group, ROHM Semiconductor, Cypress Semiconductor, onsemi (Fairchild Semiconductor), Analogix Semiconductor |
Segments Covered |
End Device Type, Resolution, Version, Interface Type, Regional |
Key Market Opportunities |
Automotive advancements Industrial automation adoption IoT device proliferation Rising demand for portable devices Gaming and esports industry expansion |
Key Market Dynamics |
Rising demand for highresolution displays Increased gaming and entertainment applications Adoption of DisplayPort in automotive industry Technological advancements in graphics processing Growing adoption of DisplayPort in enterprise and industrial settings |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Displayport IP Market is estimated to be worth USD 3.95 billion in 2023.
The Displayport IP Market is projected to grow at a CAGR of 8.52% from 2023 to 2032.
The Displayport IP Market is expected to reach USD 8.25 billion by 2032.
North America is expected to hold the largest market share in the Displayport IP Market in 2032.
Key applications of Displayport IP include monitors, TVs, projectors, and automotive displays.
Key competitors in the Displayport IP Market include Analog Devices, Inc., Intel Corporation, and Parade Technologies, Ltd.
Key trends driving the growth of the Displayport IP Market include increasing demand for high-resolution displays and the growing popularity of virtual reality (VR) and augmented reality (AR) applications.
Key challenges facing the Displayport IP Market include the high cost of development and the long design cycle.
Key opportunities for growth in the Displayport IP Market include the emerging markets and the growing adoption of DisplayPort 2.0.
Key strategies adopted by major players in the Displayport IP Market include strategic partnerships, product innovation, and geographical expansion.