About Cloud EDA
Running EDA tools on the cloud doesn’t need any special courses on the part of the user. Any EDA software that can run locally can be connected and run on the cloud. The two primary reasons design companies and foundries use cloud services are costs and latencies. It took some time for the semiconductor and electronic design automation (EDA) industries to become comfortable with the cloud services model, primarily because of their concerns over the protection and control of intellectual property (IP) and highly proprietary, highly sensitive data such as process design kits (PDKs). Cloud providers responded to these concerns by enhancing and extending security measures, and the IP providers (most notably the foundries) returned the favor by adopting the use of cloud technology.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.1% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cloud EDA 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.
IBM (United States), Cadence Design Systems (United States), Mentor Graphics (United States), Synopsys (United States), Agilent (United States), Agnisys (United States), Aldec (United States), Ansys (United States) and JEDA Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are MunEDA (Germany) and Zuken (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Cloud EDA market by Type (CAE, SIP (Semiconductor Intellectual Property), IC Physical Design and Verification, Printed Circuit Board (PCB) and Multi-Chip Module (MCM)), Application (Military/Defense, Aerospace, Telecom, Automotive, Industrial and Others) and Region.
On the basis of geography, the market of Cloud EDA 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). North America region held largest market share in the year 2023.
Influencing Trend:
Rising Demand for System on Chip (SOC) Technology
Market Growth Drivers:
Increasing Complication of Semiconductor Device Designs
Challenges:
Growing Adoption of the Software to Design Compact Processors
Restraints:
Increasing Design Complexity and Rising Manufacturing Complexity
Opportunities:
Growing Preference for Smaller-Size Circuits and Miniaturized Chips/ICs
Market Leaders and their expansionary development strategies
In February 2020 Synopsys, Inc. announced that it has completed its acquisition of certain IP assets from INVECAS. This acquisition broadens Synopsys' DesignWare Logic Library, Embedded Memory, General Purpose I/O, Analog, and Interface IP portfolio.
In March 2024,HCLTech, a leading global technology company, announced the launch of an Electronic Design Automation (EDA) solution in partnership with NetApp, to enable enterprises in the semiconductor industry to accelerate large EDA implementations in the hybrid cloud to significantly reduce their time-to-market, enhance the overall quality and improve the reliability of their products.
Key Target Audience
Investors and consultants, System Integrators, Government Organizations, Research/Consultancy firms, Technology solution providers, Hardware manufacturers, Semiconductor Companies and IC manufacturers
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.