Ceva Inc. Dominates Wireless Connectivity IP Market with 68% Share in 2024

Ceva Inc. Retains Top Position in Wireless Connectivity IP

In a landmark achievement, Ceva, Inc., a leading provider of silicon and software IP, has reinforced its dominant position in the Wireless Connectivity IP market. According to the latest report from IPnest, published in July 2025, the company commands an impressive 68% market share as of 2024, a figure that surpasses its nearest competitor by over tenfold. This substantial lead underscores Ceva’s pivotal role in the development of Bluetooth, Wi-Fi, Ultra-Wideband (UWB), 802.15.4, and cellular IoT solutions, which are becoming essential for the next generation of smart edge devices.

Market Dynamics and Drivers

The report highlights the growing convergence of various technologies, particularly wireless connectivity, on-device AI, and sensor fusion. This convergence is pivotal in driving the next wave of smart edge devices, which are crucial for both consumer and industrial applications. As these devices increasingly demand real-time decision-making, they require local data processing capabilities to minimize latency, maintain privacy, and enhance energy efficiency.

Ceva's integrated IP portfolio is designed to facilitate this transition, allowing for a seamless integration of connectivity, AI neural processing units (NPUs), and sensor technologies. This capability enables customers to deliver products that are not only smarter and more responsive, but also secure in an era where data privacy is paramount.

Michael Boukaya, Chief Operating Officer of Ceva, commented on the company's success, stating, "Wireless connectivity is fundamental to the smart edge, and our unwavering leadership in this domain reflects the trust our customers place in Ceva to provide high-performance, low-power IP solutions. The latest IPnest report reaffirms our strategy of building on this leadership through a unified IP portfolio integrating wireless, sensing, and AI capabilities. This approach facilitates our customers' innovation across the expanding AIoT landscape."

The Ceva-Waves™ Family

Ceva's extensive portfolio, known as the Ceva-Waves™ family, consists of a comprehensive range of wireless connectivity IP solutions tailored for various applications. This includes the latest advancements in Bluetooth, Wi-Fi, UWB, 802.15.4, and cellular IoT. Notably, the solutions are optimized for smooth integration into system-on-chip (SoC) and microcontroller (MCU) designs, supporting both single and multi-standard configurations via the Ceva-Waves-Links platform.

Additionally, the Ceva-Waves Dragonfly platform offers a fully integrated solution for LTE-M and NB-IoT connectivity, encompassing optional GNSS and eSIM support. This is particularly vital for low-power, wide-area applications such as asset tracking, smart metering, and industrial monitoring. In a recent expansion, Ceva introduced its first Bluetooth 7 RF IP, optimized for the TSMC 12nm process, along with support for IEEE 802.15.4. This expansion emphasizes Ceva’s commitment to delivering comprehensive, silicon-proven wireless solutions that span from baseband to RF.

Future Outlook

Industry analysts acknowledge Ceva's preeminence in Wireless Interface IP. Dr. Eric Esteve, Principal Analyst at IPnest remarked, "Ceva continues to set the benchmark for Wireless Interface IP. Their vast portfolio and consistent innovation make them the go-to partner for integrating multi-standard wireless technologies into system-on-chips."

With more than 19 billion smart edge products operating on Ceva's technologies—ranging from AI-driven smartwatches to IoT devices and autonomous vehicles—the company continues to play an integral role in powering innovation across numerous applications in the electronic landscape. Headquartered in Rockville, Maryland, Ceva boasts a global clientele and a team of experts dedicated to solving complex design challenges that aid customers in launching cutting-edge smart edge products.

At Ceva, the philosophy is simple yet impactful: deliver the silicon and software IP essential for a smarter, safer, and more interconnected world. This ethos is at the heart of Ceva's operations and is the driving force behind their continued growth and success in the wireless IP market.