Press release
Global Electronic Design Automation Market Is Estimated At 7.8% From 2022-2032
The global electronic design market was valued at US$ 12.5 Billion in 2021 and is likely to reach US$ 13.5 Billion in 2022, experiencing a Y-o-Y expansion of 8%. Across the 2022-2032 forecast period, the market is projected to increase at a 7.8% CAGR, securing US$ 28.6 Billion by the 2032 end.The global electronic design automation market is expected to procure an absolute dollar growth of US$ 15.1 Billion until 2032. The market is projected to have flourished at a growth rate of 8.3% from 2015 to 2021. While the U.S market is anticipated to secure the forefront position, garnering US$ 9.3 Billion by 2032, China is likely to value US$ 2.1 Billion by 2032. The cloud-based segment is expected to dominate the market by deployment mode while recording a CAGR of 6.9% from 2022-2032.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Electronic Design Automation Computer-aided Engineering market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Electronic Design Automation Computer-aided Engineering
This newly published and insightful report sheds light on Market Insights of Electronic Design Automation Computer-aided Engineering, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electronic Design Automation Computer-aided Engineering Market.
Salient Electronic Design Automation Market Growth Drivers
Increasing adoption of FinFET architecture for producing advanced modern processors is expected to benefit the market in the forecast period. Growing usage of SoC technology and the rising penetration of IoT, VR, and AI are speculated to be the most significant factors driving the market in the assessment period. Players are taking various initiatives to develop the FinFET architecture, which is expected to positively influence the market.
For instance, in April 2022, GBT Technologies Inc. announced to develop Gate-All-Around FET (GAA FET) support for its integrated circuits, and productivity enhancement EDA technology. The tool works on Integrated Circuit (IC) layout data, checking manufacturing, geometrical, and electrical design rules correctness during the construction of an IC layout, thereby developing a Rule-Aware mask design environment. Owing to such initiatives, the market is likely to witness significant growth in the assessment period.
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Key Segments Covered in the Global Electronic Design Automation Market Study
• Electronic Design Automation Market by Product
• Electronic Design Automation for Computer-aided Engineering
• Electronic Design Automation for IC Physical Design & Verification
• Electronic Design Automation for PCB & MCM
• Electronic Design Automation for Semiconductor IP
• Electronic Design Automation for Services
Electronic Design Automation by Deployment Mode
• Electronic Design Automation by Cloud-based
• Electronic Design Automation by On-Premises
Electronic Design Automation by Application
• Electronic Design Automation for Microprocessors & Microcontrollers
• Electronic Design Automation for Memory Management Units
• Others (Interfaces, FPGAs, ADCs, DACs, and Mixed ICs)
Electronic Design Automation by End User
• Electronic Design Automation for Automotive Industry
• Electronic Design Automation for Healthcare Industry
• Electronic Design Automation for Aerospace & Defense Industry
• Electronic Design Automation for Telecom and Data Centre Industry
• Electronic Design Automation for Consumer Electronics Industry
• Electronic Design Automation for Industrial Sector
• Others (Banking, Financial Services, and Insurance (BFSI), Commercial Sectors, and Textile Industry)
Electronic Design Automation by Region
• North America Electronic Design Automation Market
• Europe Electronic Design Automation Market
• Asia-Pacific Electronic Design Automation Market
• Middle East & Africa Electronic Design Automation Market
• Latin America Electronic Design Automation Market
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Key Question answered in the survey of Electronic Design Automation Computer-aided Engineering market report:
• Sales and Demand of Electronic Design Automation Computer-aided Engineering
• Growth of Electronic Design Automation Computer-aided Engineering Market
• Market Analysis of Electronic Design Automation Computer-aided Engineering
• Market Insights of Electronic Design Automation Computer-aided Engineering
• Key Drivers Impacting the Electronic Design Automation Computer-aided Engineering market
• Which are the Key drivers impacted by Electronic Design Automation Computer-aided Engineering market
• Restraints Electronic Design Automation Computer-aided Engineering Market Growth
• Market Survey of Electronic Design Automation Computer-aided Engineering
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