Press release
North America Electronic Design Automation Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis | Agnisys Inc., Aldec Inc., Autodesk, Inc., Cadence Deisgn Systems Inc
According to a new market research report “North America Electronic Design Automation Market” by Component Application, Deployment Mode, Vertical, and Region forecast to 2027 published by Business Market Insights, Electronic Design Automation market in North America is expected to grow from US$ 4.10 Bn in 2018 to US$ 9.70 Bn by the year 2027 with a CAGR of 10.2% from the year 2019 to 2027.The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include
• Agnisys Inc.
• Aldec Inc.
• Autodesk, Inc.
• Cadence Deisgn Systems Inc.
• Keysight Technologies
• Labcenter Electronics Ltd.
• Mentor Graphics Inc.
• Silvaco Inc.
• Synopsys Inc.
• Zuken Inc.
Browse Full Report URL: https://www.businessmarketinsights.com/reports/north-america-electronic-design-automation-market
However, the segment is expected to lose its dominance to CAE segment during the forecast period. Semiconductor IP is used for building large and complex ICs that are required in the electronic devices. Remarkable growth has been observed in the automotive industry’s semiconductor demand amid the progression of advancements in automotive electronics. Furthermore, dynamic rise for the demand of semiconductor in IT & Telecomm industry continued, especially for processor IP, which in turn, triggering memory semiconductor IP manufacturers to invest in expanding production capacity actively.
With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for North America Electronic Design Automation solution and hardware products. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on North America Electronic Design Automation solutions.
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This report provides:
1) An overview of the market for North America Electronic Design Automation Market and related technologies.
2) Analyses of North America Electronic Design Automation market trends, with data from 2018, estimates for 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for North America Electronic Design Automation Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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