The global electronic design automation (EDA) tools market was valued at US$ 2.1 Billion in 2021, and is projected to register a Y-o-Y increase of 9.5% in 2022 to be valued at US$ 2.3 Billion. During the 2022-2032 period of assessment, demand is expected to rise at a 5.6% value CAGR, likely to reach US$ 3.9 Billion by the end of the said forecast period.
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In order to provide consumers with the best ICs and semiconductors, prominent manufacturers of EDA tools are looking to technological innovations. Increasingly, companies are partnering with governments in order to enhance their presence across major geographies, and expansions in the market.
- Siemens Digital Industries Software announced in May 2021 that it had acquired Fractal Technologies, a provider of IP validation tools based in the Netherlands and the United States. By acquiring this service, Siemens’ electronic design automation (EDA) customers can validate the internal and external intellectual property and libraries used in their integrated circuit (IC) designs more quickly and easily to improve design quality and speed market time. IP validation provides customers with production sign-off-quality IP to help improve silicon quality and accelerate silicon development. Siemens’ Solido product family will incorporate Fractal’s technology, extending Siemens’ machine-learning-powered EDA capabilities to the IP validation field.
- In Febraury 2022, Ansys announced its collaboration with IFS Accelerator EDA Alliance to provide innovative simulation and EDA tools for customized three-dimensional integrated circuits. Through IFS Accelerator, customers can design chips with unique features utilizing Ansys’ multiphysics solutions. With Ansys’ advanced EDA and simulation software, mutual customers can lower design barriers, minimize design risks, and speed up the time to market.
Country-wise Forecast CAGRs for the EDA tools Market
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Key Segments Covered in the EDA Tools Market Study
- EDA Tools by Component
- EDA Tools Solutions
- EDA Tools Services
- EDA Tools Solutions
- EDA Tools by Application
- Design EDA Tools
- Simulation EDA Tools
- Verification EDA Tools
- EDA Tools by Deployment
- Cloud Based EDA Tools
- Private Cloud
- Public Cloud
- Hybrid Cloud
- On-premise EDA Tools
- Cloud Based EDA Tools
- EDA Tools by Region
- North America EDA Tools Market
- Europe EDA Tools Market
- Asia Pacific EDA Tools Market
- Middle East and Africa EDA Tools Market
- South America EDA Tools Market
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Fact.MR, in its new report, offers an unbiased Market Analysis of Electronic Design Automation (EDA) Tools, Sales and Demand of Electronic Design Automation (EDA) Tools, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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