Cloud EDA Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud EDA Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud EDA Trends and Forecast

The future of the global cloud EDA market looks promising with opportunities in the aerospace & defense, electronics & manufacturing, telecom, and medical applications. The global cloud EDA market is expected to reach an estimated $7.8 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing demand for cloud-based electronic design automation tools and rising need for this technology in the production of defense and aerospace products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Cloud EDA by Segment

The study includes a forecast for the global cloud EDA by type, application, and region.

Cloud EDA Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• SIP (Semiconductor Intellectual Property)
• IC Physical Design & Verification
• Printed Circuit Board (PCB) & Multi-chip Module (MCM)

Cloud EDA Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Aerospace & Defense
• Electronics & Manufacturing
• Telecom
• Medical
• Others

Cloud EDA Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud EDA Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud EDA companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud EDA companies profiled in this report include-

• Cadence Design Systems
• Mentor Graphics
• Synopsys
• Agilent
• Agnisys
• Aldec
• Ansys
• JEDA Technologies
• MunEDA
• Sigrity

Cloud EDA Market Insights

Lucintel forecasts that SIP is expected to witness highest growth over the forecast period.

Within this market, aerospace & defense will remain the largest segment due to widespread use of cloud EDA in this sector to create advanced electronic hardware and software for the military.

North America will remain the largest region due to rapid adoption of advanced technology among industries and presence of key players in the region.

Features of the Global Cloud EDA Market

Market Size Estimates: Cloud EDA market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud EDA market size by type, application, and region in terms of value ($B).

Regional Analysis: Cloud EDA market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the cloud EDA market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud EDA market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cloud EDA market size?

Answer: The global cloud EDA market is expected to reach an estimated $7.8 billion by 2030.

Q2. What is the growth forecast for cloud EDA market?

Answer: The global cloud EDA market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cloud EDA market?

Answer: The major drivers for this market are growing demand for cloud-based electronic design automation tools and rising need for this technology in the production of defense and aerospace products.

Q4. What are the major segments for cloud EDA market?

Answer: The future of the cloud EDA market looks promising with opportunities in the aerospace & defense, electronics & manufacturing, telecom, and medical markets.

Q5. Who are the key cloud EDA market companies?

Answer: Some of the key cloud EDA companies are as follows:

• Cadence Design Systems
• Mentor Graphics
• Synopsys
• Agilent
• Agnisys
• Aldec
• Ansys
• JEDA Technologies
• MunEDA
• Sigrity

Q6. Which cloud EDA market segment will be the largest in future?

Answer: Lucintel forecasts that SIP is expected to witness highest growth over the forecast period.

Q7. In cloud EDA market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to rapid adoption of advanced technology among industries and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cloud EDA market by type (SIP (semiconductor intellectual property), IC physical design & verification, and printed circuit board (PCB) & multi-chip module (MCM)), application (aerospace & defense, electronics & manufacturing, telecom, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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