Electronic Design Automation Software Market Size Forecasted To Achieve $47.01 Billion By 2029 With Steady Growth

The Electronic Design Automation Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Electronic Design Automation Software Market Size and Projected Growth Rate?
There has been a robust growth in the size of the electronic design automation software market in the past few years. Its size is forecasted to increase from $34.75 billion in 2024 to $36.86 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. The historical growth of the market is due to factors such as the rising complexity of integrated circuits, the expansion of the IoT and consumer electronics market, increased applications in aerospace and defense, enhanced automotive electronics, and the surge in PCB design and manufacturing.

The market size for electronic design automation software is projected to exhibit robust growth over the coming years, reaching a value of $47.01 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%. This growth in the predicted period can be associated with developments in quantum computing, an enhanced focus on cybersecurity, advanced interconnects and 3D packaging, global trade and geopolitical influences, as well as environmental legislation. Key trends for the forecast period encompass design for reusability, real-time design analytics, digital twin technology, collaborative and distributed design, and design automation for internet of things (IoT) security.

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What Are the Major Segments in the Electronic Design Automation Software Market?
The electronic design automation software market covered in this report is segmented -

1) 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)
2) By Application: Communication, Consumer Electronics, Automotive, Industrial, Aerospace And Defense, Medical
3) By End-Use: Microprocessors And Controllers, Memory Management Units

Subsegments:
1) By Computer-Aided Engineering (CAE): Simulation and Analysis Software, Structural Analysis Tools, Thermal and Fluid Dynamics Simulation
2) By IC Physical Design and Verification: Layout Design Tools, Design Rule Checking (DRC) Software, Layout Versus Schematic (LVS) Verification Tools
3) By Printed Circuit Board and Multi-Chip Module (PCB and MCM): PCB Design Software, PCB Manufacturing Software, Multi-Chip Module Design Tools
4) By Semiconductor Intellectual Property (SIP): Standard Cell Libraries, Analog and Mixed-Signal IP, Digital Signal Processing (DSP) Cores

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What Are The Driving Electronic Design Automation Software Market Evolution?
The escalation of the internet of things (IoT) in combination with interconnected devices is predicted to boost the expansion of the electronic device automation software market. By automating processes, the IoT reduces labor and operational expenses, thereby accelerating business operations. The goal of IoT is to create a system that interconnects everything through embedded sensors, software, and other technologies. IoT devices gather information and transmit it to the cloud gateway for assessment for future advancements and innovations. For example, in May 2022, IoT Analytics GmbH, a German-based provider of market insights and strategic business intelligence for IoT, reported that in 2021, the number of worldwide IoT connections increased by 8%, equating to 12.2 billion active endpoints, and it is projected to rise by 18% to 14.4 billion active connections in 2022. Thus, the rise of the internet of things (IoT) and linked devices is fueling the EDAS market growth.

Which Firms Dominate The Electronic Design Automation Software Market Segments?
Major companies operating in the electronic design automation software market include Aldec Inc., Altium Llc, Ansys Inc., Cadence Design Systems Inc., Synopsys Inc., Siemens AG, Zuken Inc., Silvaco Inc., Keysight Technologies Inc., eInfochips Inc., Xilinx Inc., Vennsa Technologies Inc., Boldport Limited, ProteanTecs Ltd., Tempo Automation Holdings Inc., Solido Design Automation Inc., DeFacTo Technologies Pvt. Ltd., IC Manage, Ing.-Büro FRIEDRICH GmbH, JEDA Technologies Inc., Lauterbach GmbH, Shanghai Hejian Industrial Software Group Co. Ltd., Concurrent EDA LLC, edXact SA, Altair Engineering Inc., Lattice Semiconductor Corporation, Microchip Technology Inc., AWR Corporation, Averant Inc., Carbon Design Systems

What Trends Are Expected to Dominate the Electronic Design Automation Software Market in the Next 5 Years?
Prominent firms in the electronic design automation software market are putting significant efforts into the development of technologically superior solutions to consolidate their hold on the market. Electronic Design Automation (EDA) software includes an array of specialized tools utilized for the design, simulation, verification, and manufacture of electronic systems like integrated circuits (ICs) and printed circuit boards (PCBs). For example, HCL, an IT services and consulting enterprise from India, launched a novel Electronic Design Automation (EDA) in March 2024. EDA tools streamline and automate various tasks such as circuit design, layout, simulation, and verification, enhancing efficiency and minimising errors. This groundbreaking solution is designed to accelerate substantial EDA implementations, considerably shorten the time-to-market, and enhance product quality and dependability. By integrating with NetApp's Design Anywhere framework, HCLTech is equipped to support customers in fine-tuning their IT situations, managing their infrastructure, scheduling their workloads, and providing a range of consumption models crafted according to particular requirements.

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Which Is The Largest Region In The Electronic Design Automation Software Market?
North America was the largest region in the electronic design automation software market in 2024. The regions covered in the electronic design automation software market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic Design Automation Software Market?
2. What is the CAGR expected in the Electronic Design Automation Software Market?
3. What Are the Key Innovations Transforming the Electronic Design Automation Software Industry?
4. Which Region Is Leading the Electronic Design Automation Software Market?

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