Electronic Design Automation Market Is Estimated At US$ 28.6 Billion By 2032

The global electronic design market was valued at US$ 12.5 Billion in 2021 and is likely to reach US$ 13.5 Billion in 2022, experiencing a Y-o-Y expansion of 8%. Across the 2022-2032 forecast period, the market is projected to increase at a 7.8% CAGR, securing US$ 28.6 Billion by the 2032 end.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Electronic Design Automation market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Electronic Design Automation market.

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Key findings of the Electronic Design Automation market study:

  • Regional breakdown of the Electronic Design Automation market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Electronic Design Automation vendors in detail.
  • Region-wise and country-wise fragmentation of the Electronic Design Automation market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Electronic Design Automation market.

Key Companies Profiled

  • Cadence Design Systems
  • Siemens
  • Synopsys
  • Ansys
  • Keysight Technologies

Competitive Landscape

Players in the electronic design automation market are undertaking various technologically advanced solutions to offer efficient solutions to their customers. As the competition increases in the market, vendors of the industry are taking various efforts to strategically collaborate with players around the globe. Some recent updates about the industry are as follows:

  • In July 2021Zuken Inc. launched CR-8000 2021. It is a developed version of CR-8000 that principally focuses on early design analysis and reuse functionality.
  • In April 2021ANSYS, Inc. announced a strategic collaboration with Advanced Micro Devices, Inc. The collaboration will assist engineering teams across the industries to enhance unique and innovative product design by developing modeling run times. The 3rd Gen AMD EPYC 7003 Series processors increase Ansys simulations’ run time by 2x.

Key Segments Covered in the Global Electronic Design Automation Market Study

  • By Product
    • Computer-aided Engineering
    • IC Physical Design & Verification
    • PCB & MCM
    • Semiconductor IP
    • Services
  • By Deployment Mode
    • Cloud-based
    • On-Premises
  • By Application
    • Microprocessors & Microcontrollers
    • Memory Management Units
    • Others (Interfaces, FPGAs, ADCs, DACs, and Mixed ICs)
  • By End User
    • Automotive Industry
    • Healthcare Industry
    • Aerospace & Defense Industry
    • Telecom and Data Centre Industry
    • Consumer Electronics Industry
    • Industrial Sector
    • Others (Banking, Financial Services, and Insurance (BFSI), Commercial Sectors, and Textile Industry)
  • By Region
    • North America
    • Europe
    • Asia-Pacific E
    • Middle East & Africa
    • Latin

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Queries addressed in the Electronic Design Automation market report:

  • Why are the Electronic Design Automation market players targeting region for increased product sales?
  • What patented technologies are the players utilizing in the global Electronic Design Automation market?
  • Which regions are displaying the fastest growth in the Electronic Design Automation market?
  • What are the underlying micro- macroeconomic factors affecting the global Electronic Design Automation market?

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