Electronic Design Automation Software Market Size, Share, Growth Report 2030

Electronic Design Automation Software Market

Electronic Design Automation Software Market Size – By Product Category (CAE, PCB & MCM, IC Physical Design & Verification, and Semiconductor IP), By Application (Communication, Automotive, Consumer Electronics, Healthcare, Industrial, and Defense & Aerospace), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-6455 Published Date: Jul-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 Growth Rate (in %) Base Year
USD 9.56 billion USD 18.71 billion CAGR at 9.2% 2020

Electronic Design Automation Software Market

Electronic Design Automation Software Market Size

The global Electronic Design Automation Software market accrued earnings worth approximately 9.56 (USD Billion) in 2020 and is predicted to gain revenue of about 18.71(USD Billion) by 2028, is set to record a CAGR of nearly 9.2% over the period from 2021 to 2028. The report offers assessment and analysis of the Electronic Design Automation Software market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Electronic Design Automation Software Market: Overview

Electronic design automation software assist designers at many creation levels of designs for electronic tools such as multi-chip modules, integrated circuits, and printed circuit boards. The software helps designer in analyzing, monitoring, and simulating designs before practical execution. In addition to this, EDA software helps semiconductor producing firms in scaling back chip production time, thereby enhancing design accuracy.  

Electronic Design Automation Software Market: Growth Drivers

The capability of EDA software for reducing cost & time as well as annihilating man-made errors related to designing of electric circuit will create lucrative growth avenues for electronic design automation software industry in the upcoming years. Inclusion of machine learning         tools for reducing designing charges by allowing the tools for suggesting apt solutions for resolving designing issues will promulgate expansion of electronic design automation software industry over forecast timespan. Rise in design complexity and surging production complicatedness in semiconductor sector will steer market growth over the years to come.

Furthermore, thriving consumer electronics sector due to high demand for advanced electronics parts will drive electronic design automation software market size over forecast period. Apart from this, escalating popularity of smart equipment will help IC producers in utilizing electronic design automation software, thereby driving market trends.

Electronic Design Automation Software Market: Report Scope

Report Attributes Report Details
Report Name Electronic Design Automation Software Market Research Report
Market Size in 2020 USD 9.56 billion
Market Forecast in 2028 USD 18.71
Growth Rate CAGR of 9.2%
Number of Pages 130
Key Companies Covered Altium LLC, Cadence Design Systems, Inc., ANSYS, Inc., Synopsys, Inc., Silvaco, Inc., and Vennsa Technologies.
Segments Covered By Product Category, By Application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2018 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

North American Market To Attain Optimum Growth By 2028

The growth of electronic design automation software market in North America over forecast period is due to massive acceptance of new techniques including 5G and AI in the sub-continent. In addition to this, large-scale adoption of connected things in countries such as the U.S. will proliferate regional market size. Apart from this, presence of strong wireless infrastructure facility along with favorable government support for use of IoT-driven techniques will steer smart electronics industry surge, thereby fostering growth of electronic design automation software market.

Competitive Landscape

Key participants profiled in the study include:

  • Altium LLC
  • Cadence Design Systems, Inc.
  • ANSYS, Inc.
  • Synopsys, Inc.
  • Silvaco, Inc.
  • Vennsa Technologies

The global Electronic Design Automation Software Market is segmented as follows:

By Product Category

  • CAE
  • PCB & MCM
  • IC Physical Design & Verification
  • Semiconductor IP

By Application

  • Communication
  • Automotive
  • Consumer Electronics
  • Healthcare
  • Industrial
  • Defense & Aerospace

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The capability of EDA software for reducing cost & time as well as annihilating man-made errors related to designing of electric circuit will create lucrative growth avenues for electronic design automation software industry in the upcoming years. Inclusion of machine learning tools for reducing designing charges by allowing the tools for suggesting apt solutions for resolving designing issues will promulgate expansion of electronic design automation software industry over forecast timespan. Rise in design complexity and surging production complicatedness in semiconductor sector will steer market growth over the years to come. In addition to this, thriving consumer electronics sector due to high demand for advanced electronics parts will drive electronic design automation software market size over forecast period. Apart from this, escalating popularity of smart equipment will help IC producers in utilizing electronic design automation software, thereby driving market trends.

According to Zion market research report, the global Electronic Design Automation Software market accrued earnings worth approximately 9.56 (USD Billion) in 2020 and is predicted to gain revenue of about 18.71(USD Billion) by 2028, is set to record a CAGR of nearly 9.2% over the period from 2021 to 2028

North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to massive acceptance of new techniques including 5G and AI in the sub-continent. In addition to this, large-scale adoption of connected things in countries such as the U.S. will proliferate regional market size. Apart from this, presence of strong wireless infrastructure facility along with favorable government support for use of IoT-driven techniques will steer smart electronics industry surge, thereby fostering growth of electronic design automation software market.

The key market participants include Altium LLC, Cadence Design Systems, Inc., ANSYS, Inc., Synopsys, Inc., Silvaco, Inc., and Vennsa Technologies.

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