The global electronic design automation software market size is anticipated to reach USD 22.21 billion, expanding at 9.1% CAGR from 2023 to 2030. The industry witnessed a minor setback due to the pandemic due to shuttering of factories; over the forecast period, the market is projected to witness healthy growth. Miniaturization of chips and devices is anticipated to create opportunities for the EDA software market. The software helps lower manual errors in chip and Integrated Circuit (IC) design, thereby favoring growth.
The design of modern sophisticated processors to meet the ever-growing demand for consumer electronics has led to the rising popularity of FinFet architecture. This trend is anticipated to augment market growth over the coming years. As devices become more compact, the demand for miniature electronic components will gain traction over the next few years, creating opportunities for solutions that offer error-free chip & IC design capabilities. The need to eliminate design flaws while ensuring faster time to market is expected to create healthy demand for EDA software solutions in the forecast period.
EDA vendors often add an extra layer of authentication to their products as these tools are easily subject to copyright infringements, patents, and trademarks. This also helps vendors price their products higher under the authenticity tag. However, due to this, the penetration of EDA solutions among small and medium-sized companies has not reached its full potential, and vendors can explore the space to ensure consistent revenue streams for the long term. There exist several open-source EDA tools that could pose a threat to well-established vendors in this space.
Globally the EDA software market is led by three companies, including Mentor Graphics, Cadence Design Systems, Inc; and Synopsys, Inc. Complexity in electronic designs is increasing primarily due to AI, industrial, automotive, consumer electronics, and other high-impact markets. As a result, semiconductor companies are often left grappling with a design challenge. Therefore, the demand for EDA tools becomes even more crucial.
For instance, in August 2020, Synopsys, Inc. released a virtual prototyping solution for integrated electric vehicles. This new virtual prototyping solution leverages the company’s other technologies such as TestWeaver, SaberRD, Virtualizer, and Silver, thereby improving the specific needs of developing an electric vehicle. The new solution is anticipated to strengthen the company’s position in the electric vehicle market space.
The design of modern sophisticated processors to meet the ever-growing demand for consumer electronics has led to the rising popularity of FinFet architecture. This trend is anticipated to augment market growth over the coming years. As devices become more compact, the demand for miniature electronic components will gain traction over the next few years, creating opportunities for solutions that offer error-free chip & IC design capabilities. The need to eliminate design flaws while ensuring faster time to market is expected to create healthy demand for EDA software solutions in the forecast period.
EDA vendors often add an extra layer of authentication to their products as these tools are easily subject to copyright infringements, patents, and trademarks. This also helps vendors price their products higher under the authenticity tag. However, due to this, the penetration of EDA solutions among small and medium-sized companies has not reached its full potential, and vendors can explore the space to ensure consistent revenue streams for the long term. There exist several open-source EDA tools that could pose a threat to well-established vendors in this space.
Globally the EDA software market is led by three companies, including Mentor Graphics, Cadence Design Systems, Inc; and Synopsys, Inc. Complexity in electronic designs is increasing primarily due to AI, industrial, automotive, consumer electronics, and other high-impact markets. As a result, semiconductor companies are often left grappling with a design challenge. Therefore, the demand for EDA tools becomes even more crucial.
For instance, in August 2020, Synopsys, Inc. released a virtual prototyping solution for integrated electric vehicles. This new virtual prototyping solution leverages the company’s other technologies such as TestWeaver, SaberRD, Virtualizer, and Silver, thereby improving the specific needs of developing an electric vehicle. The new solution is anticipated to strengthen the company’s position in the electric vehicle market space.
Electronic Design Automation Software Market Report Highlights
- EDA tools are pivotal to chip design, which is the heart of any electronic device. Globally, every industry is transforming itself through digitization, and ICs are at the heart of enabling this digitalization
- As such, the worldwide demand for EDA tools is anticipated to witness robust demand over the forecast period. The industry globally is projected to expand at a CAGR of 9.1% over the forecast period
- 5G proliferation will also be a key factor driving the demand because 5G chipsets require a robust verification methodology to meet the challenges associated with conducting numerous tests to eliminate any design errors
- North America has been at the forefront of new technology adoption and hence the region captured the highest market share in 2022. The regional market size is projected to surpass USD 10.0 billion by 2030
- Asia Pacific accounted for more than 30% share of the overall market in 2022, aided by a surge in demand for electronic devices, together with the prevalence of key electronic component manufacturers in Greater China
- Inorganic growth strategies will help beat the competition while achieving a larger market share. Further to this, trademarks and patents are key to staying relevant in this industry and hence would be the area of focus for several vendors
Table of Contents
Chapter 1. Methodology and Scope1.1. Methodology segmentation & scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
Chapter 2. Executive Summary
2.1. Electronic design automation market - industry snapshot & key buying criteria, 2018 - 2030
Chapter 3. Electronic Design Automation Market Variables, Trends & Scope
3.1. Market size and growth prospects, 2018 - 2030
3.2. Industry value chain analysis
3.3. Market dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint/challenge analysis
3.3.3. Market opportunity analysis
3.4. Penetration & growth prospect mapping (key opportunities prioritized)
3.5. Business environment analysis tools
3.5.1. Industry analysis - porter's five forces analysis
3.5.2. PEST analysis
3.6. COVID-19 impact analysis
Chapter 4. Electronic Design Automation Market End-Use Outlook
4.1. Electronic design automation market share by end-use, 2022 & 2030 (USD Million)
4.2. Microprocessors & controllers
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. Memory management unit (MMU)
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.4. Others
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 5. Electronic Design Automation Market: Regional Outlook
5.1. Electronic design automation market share by region, 2022 & 2030 (USD Million)
5.2. North America
5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.2.4. Canada
5.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.3. Europe
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.3.3. U.K.
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.3.4. Germany
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.3.5. France
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.3.6. Rest of Europe
5.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.4.3. China
5.4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.4.4. India
5.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.4.5. Japan
5.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.4.6. Rest of Asia Pacific
5.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.5. Latin America
5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.5.4. Mexico
5.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.5.5. Rest of Latin America
5.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
5.6. Middle East & Africa
5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Cadence Design Systems, Inc.
6.1.1. Company overview
6.1.2. Financial performance
6.1.3. Product benchmarking
6.1.4. Recent developments
6.2. Synopsys, Inc.
6.2.1. Company overview
6.2.2. Financial performance
6.2.3. Product benchmarking
6.2.4. Recent developments
6.3. Siemens
6.3.1. Company overview
6.3.2. Financial performance
6.3.3. Product benchmarking
6.3.4. Recent developments
6.4. Silvaco, Inc.
6.4.1. Company overview
6.4.2. Financial performance
6.4.3. Product benchmarking
6.4.4. Recent developments
6.5. Vennsa Technologies.
6.5.1. Company overview
6.5.2. Financial performance
6.5.3. Product benchmarking
6.5.4. Recent developments
6.6. ANSYS, Inc
6.6.1. Company overview
6.6.2. Financial performance
6.6.3. Product benchmarking
6.6.4. Recent developments
6.7. Altium Limited
6.7.1. Company overview
6.7.2. Financial performance
6.7.3. Product benchmarking
6.7.4. Recent developmentsDaiichi J
6.8. Zuken
6.8.1. Company overview
6.8.2. Financial performance
6.8.3. Product benchmarking
6.8.4. Recent developmentsDaiichi J
6.9. Keysight Technologies
6.9.1. Company overview
6.9.2. Financial performance
6.9.3. Product benchmarking
6.9.4. Recent developmentsDaiichi J
6.10. eInfochips
6.10.1. Company overview
6.10.2. Financial performance
6.10.3. Product benchmarking
6.10.4. Recent developmentsDaiichi J
List of Tables
Table 1 List of Abbreviation
Table 2 Global electronic design automation market, 2018 - 2030 (USD Million)
Table 3 Global electronic design automation market, by region, 2018 - 2030 (USD Million)
Table 4 Global electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 5 Global microprocessors & controllers market by region, 2018 - 2030 (USD Million)
Table 6 Global Memory Management Unit (MMU) market by region, 2018 - 2030 (USD Million)
Table 7 Global others market by region, 2018 - 2030 (USD Million)
Table 8 North America electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 9 U.S. electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 10 Canada electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 11 Europe electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 12 Germany electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 13 France electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 14 U.K. electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 15 Rest of Europe electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 16 Asia Pacific electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 17 China electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 18 India electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 19 Japan electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 20 Rest of Asia Pacific electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 21 Latin America electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 22 Brazil electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 23 Mexico electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 24 Rest of Latin America electronic design automation market, by end-use, 2018 - 2030 (USD Million)
Table 25 Middle East & Africa electronic design automation market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Electronic Design Automation Market Segmentation
Fig. 2 Methodology
Fig. 3 Primary Research Pattern
Fig. 4 Information Analysis
Fig. 5 Data Analysis Model
Fig. 6 Data Validation & Publishing
Fig. 7 Electronic Design Automation: Market Snapshot
Fig. 8 Electronic Design Automation Market Penetration And Growth Prospects Mapping
Fig. 9 Electronic Design Automation Market: Value Chain Analysis
Fig. 10 Market Driver Analysis
Fig. 11 Market Restraint Analysis
Fig. 12 Market Challenge Analysis
Fig. 13 Electronic Design Automation Market: Porter’s Five Forces Analysis
Fig. 14 Electronic Design Automation Market: PEST Analysis
Fig. 15 Electronic Design Automation Market Analysis: End-Use Segment Analysis, 2022 & 2030
Companies Mentioned
- Cadence Design Systems, Inc.
- Synopsys, Inc.
- Siemens
- Silvaco, Inc.
- Vennsa Technologies.
- ANSYS, Inc
- Altium Limited
- Zuken
- Keysight Technologies
- eInfochips
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 11.1 Billion |
| Forecasted Market Value ( USD | $ 22.21 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
