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Electronic Design Automation (EDA) Software Market 2024

Electronic Design Automation (EDA) Software

Electronic Design Automation (EDA) Software

The new report published by The Business Research Company, titled ""Electronic Design Automation (EDA) Tools Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the electronic design automation (EDA) tools market size has grown strongly in recent years. It will grow from $15.18 billion in 2023 to $16.67 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The electronic design automation (EDA) tools market size is expected to see strong growth in the next few years. It will grow to $23.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14097&type=smp

IoT Surge Propels Electronic Design Automation Market Growth
The adoption of the internet of things (IoT) is expected to propel the growth of the electronic design automation (EDA) tools market going forward. The internet of things (IoT) refers to a network of physical objects, devices, and systems that have sensors, software, and network connectivity built in to enable them to gather and exchange data with other devices. The adoption of IoT (Internet of Things) is rapidly increasing due to its transformative capabilities across various industries. IoT is helpful in electronic design automation (EDA) tools by making it possible to include sensor and Internet of Things solutions into the processes of IC (integrated circuit) design, verification, manufacturing, and testing, ultimately improving the effectiveness and performance of the electronic systems that are built. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, global IoT connections reached 13.2 billion connections in 2022 and are expected to increase by 18% to 34.7 billion connections by 2028. Therefore, the adoption of the internet of things (IoT) is driving the growth of the electronic design automation (EDA) tools market.

Increasing Focus On Innovating With AI-driven EDA Solutions To Revolutionize Electronic Design Automation
Major companies operating in the electronic design automation (EDA) tools market are developing advanced technologies such as Synopsys.ai to gain a competitive edge in the market. Synopsys.ai utilizes cloud computing to improve efficiency and scalability in design automation workflows. They enable on-demand resource provisioning and platform abstraction and foster collaborative development environments, enhancing flexibility and productivity. For instance, in March 2022, Synopsys, Inc., a US-based software development and electronic design automation company, launched Synopsys.ai, a suite of AI-powered solutions for designing, verifying, testing, and manufacturing advanced digital and analog chips. This full-stack, AI-driven EDA suite is designed to accelerate the chip design workflow by enabling companies to build more AI-driven optimization and data analytics capabilities across all stages of IC (integrated circuit) chip development.

The electronic design automation (EDA) tools market covered in this report is segmented -

1) By Type: Computer-aided Engineering (CAE), Integrated Circuit Physical Design and Verification, Printed Circuit Board and Multi-chip Module (PCB and MCM), Semiconductor Intellectual Property (SIP), Services
2) By Deployment Modes: On-Premises, Cloud-Based
3) By End-Use: Aerospace and Defense, Automotive, Consumer Electronics, Industrial, Healthcare, Other End-Users

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Major companies operating in the electronic design automation (EDA) tools market are Siemens Aktiengesellschaft, Intel Corporation, Arrow company, Agnisys Inc., Keysight Technologies Inc., Synopsys Inc., Cadence Design Systems Inc., Forte Design Systems, Xilinx Inc., ANSYS Inc., Microsemi Corporation, National Instruments Corporation, JEDA Technologies Inc., Mentor Graphic Corporation, Altair Engineering Inc., AWR Corporation, Faraday&Future Inc., Zuken Inc., Magwel NV, Altium Limited, Silvaco Inc., Lauterbach GmbH, Computer Simulation Technology AG, EnSilica Limited, Aldec Inc., EMA Design Automation Inc., ELECTRO-SYSTEM CO. LTD., MunEDA GmbH, Intercept Technology Inc., Labcenter Electronics Ltd., Pulsic Limited

Contents of the report:
1. Executive Summary
2. Electronic Design Automation (EDA) Tools Market Report Structure
3. Electronic Design Automation (EDA) Tools Market Trends And Strategies
4. Electronic Design Automation (EDA) Tools Market - Macro Economic Scenario
5. Electronic Design Automation (EDA) Tools Market Size And Growth
…..
27. Electronic Design Automation (EDA) Tools Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/electronic-design-automation-eda-tools-global-market-report

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The Business Research Company
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Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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