Cloud Electronic Design Automation Market Poised for 7.6 % Growth, Set to Hit $11.53 Billion by 2029

What industry-specific factors are fueling the growth of the cloud electronic design automation market?
The cloud electronic design automation (EDA) market is forecasted to expand due to the growing need for automation. A shift towards automated systems, processes, and equipment signifies a shift from human control to machines and computers that can independently operate. The wide-scale adoption of automation is propelled by its capability to transform productivity, optimize processes, and minimize costs across various sectors. In the context of cloud electronic design automation (EDA), automation plays a pivotal role by facilitating the development of cloud-native EDA tools and pre-optimized hardware platforms that can run autonomously. As an illustration, Salesforce, a cloud-based software company based in the US, reported in partnership with Vanson Bourne in June 2022 that over 90% of companies have seen a dramatic increase in their demand for automation. This survey encompassed 600 global enterprise CIOs and IT deciders, indicating that the demand for automation was most prolific in research and development, administrative/operations, customer service, and marketing departments. Consequently, the escalating demand for automation is fueling the growth of the cloud electronic design automation (EDA) market.

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What Is the projected market size and growth rate for the cloud electronic design automation market?
In recent times, the market size of cloud electronic design automation has seen a robust increase. Its expansion will continue, rising from $7.96 billion in 2024 to $8.59 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. The growth witnessed in the historical period is credited to superior simulation features, integration with other cloud services, increased accessibility, and improved security.

The market size of cloud electronic design automation is expected to witness robust growth in the next several years, reaching a net worth of $11.53 billion by 2029 with a compound annual growth rate (CAGR) of 7.6%. The surge during the forecast period is mainly due to the integration of AI and machine learning, the development of 5G and IoT, customization and personalization, the enhancements of cybersecurity, and the integration of quantum computing. Major trends during this forecast period are anticipated to include AI-driven design automation, technological progress, containerization and orchestration, the architecture of multi-cloud and hybrid cloud, as well as the use of predictive analytics and simulation.

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How are the latest trends influencing the growth of the cloud electronic design automation market?
Leading organizations in the cloud electronic design automation market are introducing innovative technologies, such as disruptive cloud-based SaaS solutions, in an effort to boost their market earnings. The disruptive cloud-based SaaS solutions are a type of software-as-a-service that utilize cloud technology to revolutionize a particular industry or market by offering swift access to robust tools. For example, Synopsys Inc, an American electronic design automation company, introduced a disruptive cloud-based software-as-a-service solution referred as synopsys cloud 4.0 in April 2022, with the objective of revolutionizing chip development. This cloud-based SaaS solution is designed to expedite and democratize chip design by granting easy access to potent tools and resources, consequently aiding semiconductor companies to innovate in a faster, leaner, and more efficient manner.

What major market segments define the scope and growth of the cloud electronic design automation market?
The cloud electronic design automation market covered in this report is segmented -

1) By Type: Computer Aided Engineering, Semiconductor Intellectual Property, IC Physical Design And Verification, Printed Circuit Board And Multi-Chip Module
2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Vertical: Automotive, Consumer Electronics, Aerospace And Defense, Industrial, Healthcare, Telecommunication

Subsegments:
1) By Computer Aided Engineering (CAE): Simulation And Analysis Tools, Finite Element Analysis (FEA) Software, Computational Fluid Dynamics (CFD) Software, Thermal And Structural Analysis Tools
2) By Semiconductor Intellectual Property (IP): Processor IP, Interface IP, Analog Or Mixed-Signal IP, Security IP
3) By IC Physical Design And Verification: Place And Route Tools, Design Rule Check (DRC) Tools, Layout Versus Schematic (LVS) Tools, Timing Analysis Tools
4) By Printed Circuit Board (PCB) And Multi-Chip Module (MCM): PCB Design Tools, MCM Design Tools, PCB Fabrication And Manufacturing Solutions, Signal Integrity Analysis Tools

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Which region dominates the cloud electronic design automation market?
North America was the largest region in the cloud electronic design automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud electronic design automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the cloud electronic design automation industry growth?
Major companies operating in the cloud electronic design automation market are Siemens AG, Sonnet Software Inc., Dolphin Design, OneSpin Solutions GmbH, Real Intent Inc., Concept Engineering GmbH, Blue Pearl Software Inc., Agnisys Inc, Agilent technologies, Dassault Systèmes, Tektronix, Inc., Keysight Technologies, Synopsys Inc., Autodesk Inc, Cadenece Design System, Forte Design Systems, Xilinx Inc., ANSYS Inc., Frontline PCB Solutions, CircuitSutra Technologies Pvt. Ltd., JEDA Technologies, Mentor Graphics Corporation, Nimbic Inc., Lattice Semiconductor Corporation, AWR Corporation, Zuken Inc., Tanner EDA, Empyrean Software

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What Is Covered In The Cloud Electronic Design Automation Global Market Report?

• Market Size Forecast: Examine the cloud electronic design automation market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cloud electronic design automation market for a structured understanding.
• Key Players Overview: Analyze major players in the cloud electronic design automation market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cloud electronic design automation market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cloud electronic design automation market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cloud electronic design automation market.
• Industry Challenges: Identify potential risks and obstacles affecting the cloud electronic design automation market.
• Competitive Landscape: Review strategic developments in the cloud electronic design automation market, including expansions, agreements, and new product launches.

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