The global cloud electronic design automation (EDA) market is forecast to grow at a CAGR of 6.9% during the period 2016-2020.
According to the report, increase in M&A will be a key driver for market growth. The global cloud EDA market is growing at a moderate pace. Major players in the market are trying to increase their market presence because of its potential for growth. The market is observing an increase in M&A and strategic alliances.
Many large players and emerging vendors are following the M&A strategy to increase their market shares. M&A helps vendors to enhance their distribution channels and increase their market reach. M&A help companies to remain competitive and maintain their position in the market.
Further, the report states that the global cloud EDA market demands continuous support and maintenance as the tools involve the use of various applications in the product development cycle. They require continuous maintenance and upgrading of EDA because of continual changes in the operational environment.
Many customers choose vendors based on the support and services they offer. The lack of workers with knowledge and EDA expertise is a challenge for the market. The market lacks adequate EDA professionals, which makes it difficult to meet the existing demands. Companies, such as Cadence Design Systems, regularly organize expos to update and educate users about their products.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Cadence Design Systems
- Mentor Graphics
- JEDA Technologies
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: PLM overview
PART 06: Market landscape
PART 07: Product segmentation
PART 08: Geographic segmentation
PART 09: Buying criteria
PART 10: Five force analysis
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Impact of trends
PART 17: Vendor landscape
PART 18: Key vendor profiles
PART 19: Appendix
PART 20: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/g52ncq/global_cloud_eda
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-cloud-eda-market-cagr-growth-of-69-by-2020---trends-technologies--opportunities-report-2016-2020---vendors-agnisys-sigrity-zuken-300345036.html
SOURCE Research and Markets