openPR Logo
Press release

Electronic Design Automation Software Market Revenue to Grow at a CAGR of 9.6% | Valuates Reports

06-03-2023 11:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Electronic Design Automation Software Market

The global electronic design automation (EDA) software market size was valued at $10.20 billion in 2019, and is projected to reach $20.89 billion by 2027, growing at a CAGR of 9.6% from 2020 to 2027.

Download Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-2V432/Electronic_Design_Automation_Software

Electronic Design Automation Software Market by Type (Computer-aided Engineering (CAE), IC Physical Design and Verification, Printed Circuit Board and Multi-chip Module (PCB and MCM), Semiconductor Intellectual Property (SIP) and Services), and Application (Communication, Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-2V432/electronic-design-automation-software

Increase in adoption of FinFET architecture for designing modern processors, rise in adoption of SoC technology, and surge in penetration of IoT, AI, and VR are the major factors that fuel the growth of the electronic design automation software market. However, availability of the open-source EDA software is expected to impede the EDA software market growth. On the contrary, rise in demand for smaller electronic devices and increase in demand for machine learning in EDA is expected to provide lucrative opportunities for the electronic design automation software market growth in the coming years.

On the basis of type, the integrated circuit (IC) physical design & verification segment is expected to exhibit substantial growth rate in the overall electronic design automation software market during the forecast period. This is attributed to the rise in complexity of IC designs and surge in demand for great accuracy and precision of semiconductor devices. In addition, the end-users are increasingly adopting IC design and verification EDA tools to automatically perform the placement and routing of circuits on an IC or application-specific integrated circuit (ASIC).

According to application, the consumer electronics segment accounted for the highest electronic design automation software market size in the global market in 2019. This is attributed to continuous advancements in the consumer electronics such as smart phones, laptops, desktops, tablets, cameras and many more. The EDA software is also expected to meet the unfulfilled need for methods, models and tools that would permit quicker and more accurate design and verification of microelectronic systems and circuits which is driving the growth of this segment.

In 2019, North America accounted for the highest electronic design automation software market share, due to high spending on electronic devices in this region. In addition, large presence of key market vendors in North America also propels the market growth in this region. In addition, according to the World Semiconductor Trade Statistics, semiconductor sales in the Americas amounted to USD 7.49 billion in December 2019. Moreover, increase in demand from sectors, such as automotive, medical & communications, among other industry verticals in North America acts as the key driving factors of the North America electronic design automation software market.

Buy Regional Report: https://reports.valuates.com/request/regional/ALLI-Auto-2V432/Electronic_Design_Automation_Software_Market

Similar Reports:

1. https://reports.valuates.com/market-reports/QYRE-Auto-20U9423/global-data-warehouse-automation-software

2. https://reports.valuates.com/market-reports/QYRE-Auto-22R9004/global-in-plant-logistics-automation

3. https://reports.valuates.com/market-reports/QYRE-Auto-26I11976/global-warehouse-automation-and-control

Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137

Email Id:
Please reach us at sales@valuates.com

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electronic Design Automation Software Market Revenue to Grow at a CAGR of 9.6% | Valuates Reports here

News-ID: 3076787 • Views:

More Releases from Valuates Reports

Software-Defined Everything (SDE) Market Size, Trends & Forecasts | Valuates Rep …
Software-Defined Everything (SDE) Market Software-defined everything (SDE) is an umbrella term for a number of technologies that are helping redefine IT. Currently, this group of technologies encompasses software-defined networking (SDN), software-defined storage (SDS), and software-defined data centers (SDDC). Each approach aims to abstract the operating environment from physical infrastructure, while automating the processes that manage the infrastructure. By freeing businesses from proprietary hardware and simplifying the provisioning and management of IT
AI Server Market Size, Trends & Forecasts | Valuates Reports
AI Server Market Size The global AI Server market is projected to grow from US$ 31720 million in 2024 to US$ 78810 million by 2030, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-24S15068/Global_AI_Server_Market_Research_Report_2023?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral Major Trends The global AI server market is driven by several key factors, including the rising adoption of artificial intelligence across various industries, advancements in AI technology, and the increasing need for
Precision Air Conditioner Market Size, Trends & Forecasts | Valuates Reports
Precision Air Conditioner Market Size The global Precision Air Conditioner revenue was US$ 4926.8 million in 2022 and is forecast to a readjusted size of US$ 7815.6 million by 2029 with a CAGR of 6.8% during the forecast period (2023-2029). Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-38A15722/Global_and_India_Precision_Air_Conditioner_Market_Report_Forecast_2023_2029?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral The key precision air conditioning manufacturers are Vertiv, Stulz, Daikin etc. Top 3 companies occupied about 30% market share. China is the largest market, with a share about 35%,
Non-Segregated Phase Bus Duct Market Set to Surge - Key Insights You Must Know
Non-Segregated Phase Bus Duct Market Non-segregated phase bus is an assembly of bus conductors with associated connections, joints, and insulating supports confined within a metal enclosure without interphase barriers. The global Non-Segregated Phase Bus Duct market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-21G10197/Global_Non_Segregated_Phase_Bus_Duct_Market_Insights_Forecast_to_2028?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral North American market for Non-Segregated Phase Bus Duct

All 5 Releases


More Releases for EDA

Ethylenediamine (EDA) Market Size Analysis by Application, Type, and Region: For …
According to Market Research Intellect, the global Ethylenediamine (EDA) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The Ethylenediamine (EDA) market is experiencing consistent growth, driven by its expanding use across various industries such as
Global Semiconductor EDA Cloud Platform Market Size by Application, Type, and Ge …
According to Market Research Intellect, the global Semiconductor EDA Cloud Platform market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The Semiconductor EDA Cloud Platform Market is experiencing significant growth, driven by the increasing complexity of
Fab EDA Tools Market to Get Explosive Growth Shortly | Synopsys, Cadence, Siemen …
The latest research on Fab EDA Tools - Global and China Top Players Report 2029 offered by HTF MI provides comprehensive coverage of the geographical landscape and industry size along with revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market. Get Sample PDF including full TOC, Tables, Figures, and Available customizations) in Fab EDA Tools
IC Design EDA Tools Market Size, Share, Analysis, Demand, and Forecast 2023 to 2 …
Infinity business insights have recently launched the latest report on IC Design EDA Tools Market 2023-2030 for its clients. This report offers the clients factual data validated by industry experts and business heads. The report highly involves a chapter-wise explanation of every aspect of the IC Design EDA Tools market where the drivers, trends, opportunities, leading, and trending segments are discussed in detail with specific examples. Profiles of leading players
IC EDA Tools Market : Growing Popularity & Emerging Trends | Cadence, Siemens ED …
The Latest research study released by HTF MI "IC EDA Tools - Global and China Top Players Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying the importance of different factors that aid market growth. Some of the Major Companies
EDA Software Market 2021 | Detailed Report
EDA Software Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of EDA Software Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4988541 The report provides a comprehensive analysis of company profiles listed below: - Cadence (USA) - Mentor Graphics (USA) - ALTIUM