Electronic Design Automation Software Market Insights, Share And Demand 2023-2032

Electronic Design Automation Software Market Definition

Electronic Design Automation (EDA) refers to the category of software tools that assist in the design of electronic systems using computers. These tools are commonly used to design circuit boards, processors, and other types of complex electronic devices.

The main types of electronic design automation software are computer-aided engineering (CAE), IC physical design and verification, printed circuit board and multi-chip module (PCB and MCM) and semiconductor intellectual property (SIP).

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Electronic Design Automation Software Market Characteristics:

The global electronic design automation

software market size grew from $9.71 billion in 2022 to $10.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The electronic design automation software market size is expected to grow to $14.05 billion in 2027 at a CAGR of 7.7%.

Key Market Drivers And Trends

Drivers Trends

The growth of the internet of things (IoT) coupled with connected devices is expected to propel the growth of the electronic device automation software market

Technological advancement is a key trend gaining popularity in the electronic design automation software market.

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Segments

The report covers the electronic design automation software market’s segments-

By Type By End-Use By Application

Computer-Aided Engineering (CAE), IC

Physical Design And Verification, Printed Circuit Board And Multi-chip Module (PCB And MCM), Semiconductor Intellectual Property (SIP)

Microprocessors And Controllers, Memory Management Units

Communication, Consumer Electronics, Automotive, Industrial, Aerospace And Defense, Medical

Major companies in the market include

Aldec Inc

Altium Llc

Ansys Inc

Cadence Design Systems Inc

Synopsys Inc.

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