Global Electronic Design Automation (EDA) Market Projected to Surpass 22.73 Billion by 2029 with 8.1% Annual Growth

"What Are the Market Size and Growth Forecast for the Electronic Design Automation (EDA) Market?
The electronic design automation (EDA) market will grow from $15.12 billion in 2024 to $16.65 billion in 2025, at a CAGR of 10.1%. Growth is driven by the increasing demand for EDA tools in automotive, the adoption of finFET architecture, and the rising penetration of IoT, VR, and AI technologies.

The electronic design automation (EDA) market will grow to $22.73 billion by 2029 at a CAGR of 8.1%, driven by demand for complex ICs, miniaturization, IoT growth, and FPGAs. Trends include 5G integration, IoT device usage, and AI capabilities.

What Is Contributing to the Growth of the Electronic Design Automation (EDA) Market?
The increasing need for complex integrated circuits (ICs) is anticipated to drive the growth of the electronic design automation (EDA) market moving forward. ICs are compact electronic components, including resistors, transistors, and capacitors, integrated onto a single semiconductor material like silicon. EDA tools assist engineers in managing the complexities of advanced IC development, ensuring that the designs meet performance, functionality, and manufacturability requirements. These tools can compile, analyze, and simulate hardware description language (HDL) designs to verify their correctness. For instance, in October 2024, the Semiconductor Industry Association (SIA) reported that global semiconductor sales reached $53.1 billion in August 2024, a 20.6% increase from $44.0 billion in August 2023. As a result, the growing demand for complex ICs is driving the expansion of the EDA market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14096&type=smp

Which Key Market Leaders Are Driving Electronic Design Automation (EDA) Industry Growth?
Major companies operating in the electronic design automation (EDA) market are Siemens AG, Oracle Corporation, SAP SE, Advanced Micro Devices Inc., Dassault Systemes, Keysight Technologies Inc., Synopsys Inc., Autodesk Inc., Cadence Design Systems Inc., Werner Enterprises, Xilinx Inc., Ansys Inc., National Instruments Corp., MathWorks Inc., eInfochips Private Limited, Mentor Graphics Corporation, Altium Limited, BluJay Solutions Ltd., Zuken Inc., Silvaco Inc., Aldec Inc., Agnisys Inc., Labcenter Electronics Ltd., Intercept Technology Inc., Sigasi NV, Altair Engineering Inc., Boldport Limited, Dolphin Design, EasyEDA, EnSilica plc, Eremex Ltd.

What Are the Main Segments in the Electronic Design Automation (EDA) Market?
The electronic design automation (EDA) market covered in this report is segmented -

1) By Type: Computer Aided Engineering (CAE), Semiconductor Intellectual Property (SIP), Integrated Circuit (IC) Physical Design And Verification, Printed Circuit Board (PCB) And Multi-Chip Module (MCM)
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Application: Microprocessors And Microcontrollers, Memory Management Units, Other Applications
4) By End User: Automotive Industry, Healthcare Industry, Aerospace And Defense Industry, Telecom And Data Centre Industry, Consumer Electronics Industry, Industrial Sector, Other End-Users

Subsegments:
1) By Computer Aided Engineering (CAE): Simulation Software, Analysis Tools, Testing And Validation Tools
2) By Semiconductor Intellectual Property (SIP): Soft IP, Hard IP, Mixed-Signal IP
3) By Integrated Circuit (IC) Physical Design And Verification: Layout Design Tools, Place And Route Tools, Design Rule Checking (DRC) Tools, Layout Versus Schematic (LVS) Tools
4) By Printed Circuit Board (PCB) And Multi-Chip Module (MCM): PCB Design Tools, MCM Design Tools, Design For Manufacturing (DFM) Tools, Schematic Capture Tools

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/electronic-design-automation-eda-global-market-report

Which Geographic Area Leads the Electronic Design Automation (EDA) Market?
North America was the largest region in the electronic design automation (EDA) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic design automation (EDA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Electronic Design Automation (EDA) Global Market Report?

- Market Size Analysis: Analyze the Electronic Design Automation (EDA) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electronic Design Automation (EDA) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electronic Design Automation (EDA) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electronic Design Automation (EDA) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14096

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.