Cloud Electronic Design Automation Market Scope
Electronic design automation (EDA) is a concept that refers to a group of software products and processes that help in the design of electronic systems using computers. Circuit boards, processors, and other forms of complex electronics are often designed using these tools. When it comes to circuit board and semiconductor design, electronic design automation techniques have increasingly replaced manual methods. To make sketches of circuit boards and electronic components in the past, technicians used instruments such as a photoplotter. Electronic design automation has significantly enhanced the design of electronic components, primarily through uniform design techniques that remove various types of bugs or defects in chips, circuit boards, and other electronic components. The industry develops software to help with electronic device specification, design, verification, implementation, and testing. These systems may be designed as an integrated circuit or as a series of integrated circuits mounted on a printed circuit board.
The Cloud Electronic Design Automation market study is segmented by Type (Computer Aided Engineering (CAE), IC Physical Design & Verification, Multi-Chip Module (MCM) and Others), by Application (Military/Defense, Aerospace, Telecom, Automotive, Industrial and Others) and major geographies with country level break-up.
The market for Cloud Electronic Design Automation is highly competitive as players from all across the globe are trying to out pace others by using various innovation technologies as well as various other strategies to gain upper hand in the market. United States has the largest number of players because of the technological advancements there, Europe and Asia pacific are the fast growing markets in this industry. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Electronic Design Automation market throughout the predicted period.
Cadence Design Systems (United States), Mentor Graphics (United States), Synopsys (United States), Agilent (United States), Agnisys(United States), Aldec (United States), Ansys (United States), JEDA Technologies (United States), Muneda (Germany), Sigrity (United States) and Zuken (Japan) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Cloud Electronic Design Automation market by Type, Application and Region.
On the basis of geography, the market of Cloud Electronic Design Automation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 24th Feb 2021 Cadence Design Systems, Inc. announced that it has completed the acquisition of NUMECA International
In March 2020, Synopsys Inc. announced a major breakthrough in electronic design technology with the introduction of DSO.ai (Design Space Optimization AI), the industry's first autonomous AI application for chip design.
Market Trend
- Demand for Machine Learning In Exploratory Data Analysis (EDA) Has Gained Significant Momentum
Market Drivers
- Increasing Adoption of FinFET Architecture for Designing Modern Processors.
- Booming Automotive, IoT, and AI Sectors
Opportunities
- Technology Has Reduced The Cost And Made And Has Minimized The Number Of Errors To Great Extent
Restraints
- Availability of Open-Source EDA Software
Challenges
- Complicated End User Requirements
Key Target Audience
Investors and consultants, System Integrators, Government Organizations, Research/Consultancy firms, Technology solution providers, Hardware manufacturers, Semiconductor Companies and IC manufacturers