As per the research conducted by GME, the Global Electronic Design Automation Software Market is projected to grow at a rate of 9.0% over the forecast period 2021-2026. The global electronic design automation software market is growing due to the massive implementation of FinFET architecture for developing contemporary processors, innovations in SoC technology, and increasing popularity of IoT, AR, VR, AI, and blockchain technology. From 2021 to 2026, the proliferating penetration rate of microelectronics manufacturers will act as a gateway in multiplying demand for electronic design automation tools rising at the fastest rate.