Electronic Design Automation Market: Driver
Growing significance of electronic design automation to drive growth
The growing demand for electronic devices has significantly augmented the growth of the global semiconductor market. In the process of designing ICs that are integrated into sophisticated devices, the semiconductor manufacturers are continuously focusing on reducing the design gaps to reduce the failures and costs associated with faulty products
Electronic Design Automation Market: Challenge
High dependency on semiconductors and electronics markets
The growing complexity of designs of semiconductor devices increases the risks associated with designing gaps and delayed development cycles. Electronic device manufacturing is prone to high demand fluctuation, and hence the supply-demand gap increases. The adoption rate of electronic design automation across various end-user sectors is also subject to such fluctuations in the value chain, which is expected to hinder the growth of the market in focus.
Electronic Design Automation Market: Segmentation Analysis
This market research report segments the electronic design automation market by Product (semiconductor IP, CAE, IC physical design and verification, PCB, and others), Deployment (on-premises and cloud-based), and Geography (APAC, North America, Europe, South America, and MEA).
47% of the market's growth will originate from APAC. China, Japan, and South Korea (Republic of Korea) are the key markets for electronic design automation in the region. The increasing electronic device manufacturing will facilitate the electronic design automation market growth in APAC.
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Electronic Design Automation Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of over 9.03% |
Market growth 2021-2025 |
USD 5.68 billion |
Market structure |
Concentrated |
YoY growth (%) |
10.86 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 47% |
Key consumer countries |
US, China, Germany, Japan, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Agnisys Inc., Aldec Inc., ANSYS Inc., Autodesk Inc., Cadence Design Systems Inc., Keysight Technologies Inc., Siemens AG, Sigasi NV, Synopsys Inc, and Xilinx Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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