About EDA Software
Electronic Design Automation (EDA) software helps in designing electronic systems majorly a printed circuit board and integrated circuits. With the rapid expansion of electronic design market from the last few decades in various regions such as China, India, and others. These are the major reasons behind the growth of this market. EDA software help designers for understanding functionality and physical characteristics of designing of any systems. These software’s majorly helps in complex designing and also reduces time to bring electronic system in the market. The leading companies are focusing on enhancing technologies of their product portfolio to become simulation and manufacturing experts.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global EDA Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cadence Design Systems, Inc. (United States), Mentor Graphics (United States), Altium LLC (United States), Zuken (United States), Synopsys Inc. (United States), Keysight Technologies (United States), ANSYS, Inc. (United States), AWR Corporation (United States), Autodesk (United States) and Pulsonix (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Vennsa Technologies (Canada), National Instruments (United States) and EasyEDA (China).
Segmentation Overview
AMA Research has segmented the market of Global EDA Software market by Type (Verification, Simulation and Design Software), Application (Healthcare, Aerospace & Defense, Industrial, Consumer Electronics, Telecommunications, Automotive and Others) and Region.
On the basis of geography, the market of EDA Software 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). If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the EDA Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Designing Technology, the sub-segment i.e. 2D Electronic Design Technology will boost the EDA Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Schematic Capture will boost the EDA Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising investment in research and development activities in concern of technical support and Advanced Technologies for IP and FPGA Verification
Market Growth Drivers:
The increasing number of semiconductor manufacturer’s companies, High adoption of IoT and smart technologies, Rising government concern towards technology advancement in the Aerospace and Defense industry and Growing demand for electronic design automation software
Challenges:
Complex designing and Lack of skilled labor in the semiconductor industry
Restraints:
The rising number of competition in terms of price and product differentiation and Increasing security concern
Opportunities:
The increasing number of smart city construction activities in emerging countries are creating huge growth potential in future and Rising spending activities on electronic components
Market Leaders and their expansionary development strategies
On December 19, 2023, Cadence Design Systems announced the acquisition of Zuken, a leading provider of EDA software for PCB design and analysis. This deal strengthens Cadence's position in the PCB market and expands its offerings for the electronics industry.
On November 1, 2023, Siemens announced the acquisition of Mentor Graphics, a prominent EDA software provider for IC design and verification. This acquisition aims to bolster Siemens' digitalization efforts in the electronics space.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, EDA Software Service Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.