Global Electronic Design Automation Market 2023-2027
The electronic design automation market is forecasted to grow by USD 7504.13 mn during 2022-2027, accelerating at a CAGR of 9.76% during the forecast period. The report on the electronic design automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing significance of eda in electronic design process, rising adoption of ICs across various applications, and increasing relevance of eda.
Technavio's electronic design automation market is segmented as below:
By Product Type
- Semiconductor IP
- CAE
- IC physical design and verification
- PCB and multi-chip module
- Services
By Deployment
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the machine learning disrupting global EDA market as one of the prime reasons driving the electronic design automation market growth during the next few years. Also, growth of smart cities encourages new product development and growing adoption of soc-based devices will lead to sizable demand in the market.
The report on the electronic design automation market covers the following areas:
- Electronic design automation market sizing
- Electronic design automation market forecast
- Electronic design automation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electronic design automation market vendors that include Advanced Micro Devices Inc, Agnisys Inc., Aldec Inc., ANSYS Inc., Autodesk Inc., Cadence Design Systems Inc., ElectroMagneticWorks Inc., Eremex Ltd., Intercept Technology Inc., Keysight Technologies Inc., Labcenter Electronics, Mirabilis Design Inc, National Instruments Corp., Siemens AG, Sigasi NV, Silvaco Inc., Synopsys Inc., Verific Design Automation Inc., WestDev Ltd., and Zuken Inc.. Also, the electronic design automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.