Electronic Design Automation Software Market by End-Uses (Memory Management Units, Microprocessors & Controllers, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global electronic design automation software market was valued at USD 8.02 billion in 2020 and is estimated to reach USD 14.51 billion by 2028, expanding at a CAGR of 8.5% during the forecast period, 2021 – 2028. The growth of the market is attributed to factors such as reduction in manual errors and minimal time and cost associated with electric circuit designs.
Electronic design automation (EDA), known as electronic computer-aided design (ECAD), is a form of software that is used to design and simulate electronic components including integrated circuits (ICs) and printed circuit boards (PCBs).
Market Trends, Drivers, Restraints, and Opportunities:
- Factors expected to drive the market include the integration of machine learning concepts aimed at reducing design costs by allowing such learning.
- Progress in the consumer electronics industry and the rising popularity of FinFET architecture for modern processor design are expected to fuel the market.
- Consumer electronics are becoming lightweight and energy-efficient. Advanced electronic design and automation technologies capable of eliminating design gaps are required to design the chips needed for these appliances. This drives the EDA software market.
- Rising demand for condensed electronic components essential for smart handheld devices, car gadgets, and healthcare equipment compels ICs manufactures to minimize the size of ICs. This, in turn, drives the market.
- Growing trend of shrinking of ICs led IC manufacturers to shift to EDA software to design compact products, reduce errors associated with IC design process, and speed up the manufacturing process.
- Growing popularity of open source EDA software, especially among small businesses, is expected to reduce the demand for licensed tools and hinder the market growth.
- Increasing usage of PCs, networking devices, smartphones, and gaming consoles increased the adoption of high-speed System on Chip (SoC), which is is projected to boost the market.
- The use of cloud-based technology, which offers high processing power to EDA tools, is expected to drive the market.
Scope of the Report:
The report on the global electronic design automation software market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Global Electronic Design Automation Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | End-Uses (Memory Management Units, Microprocessors & Controllers, and Others), and Regions |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Synopsis, Inc., Altium LLC, Cadence Design Systems, Inc., ANSYS, Inc., Mentor, Vennsa Technologies, and Silvaco, Inc. |
Market Segment Insights:
The microprocessor & controller segment held more than 60% share of the total revenue in 2018
Based on end-uses, the global electronic design automation software market is segregated as memory management units, microprocessors & controllers, and others. The microprocessor & controller segment is projected to expand at a rapid pace during the forecast period. The growth of the segment is attributed to increasing usage of microprocessors and controllers in media players, televisions, printers, laptops, and other consumer electronics.
Increasing usage of microprocessors and controllers in automated controls, sensing applications, and smartcard applications, along with changing processor dynamics in terms of processing power and size are anticipated to fuel the market during the forecast period.
The market in North America held more than 40% share of the total revenue in 2018
On the basis of regions, the global electronic design automation software market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to expand at a high CAGR during the forecast period. Growth of the market is attributed to continuous deployment of autonomous, wired, and smart vehicles, as well as continuous rollout of infrastructure to connect these vehicles.
The market in Asia Pacific held about 30% share of the total revenue in 2018. The growth of the market is attributed to increasing population and subsequent rising demand for consumer electronics and intelligent devices, especially in developing countries such as China and India. Increasing usage of smartphones and rising number of companies in the region is estimated to boost the regional market. During the forecast period, China and India are projected to have a CAGR of more than 10% each.
Segments
Segments Covered in the Report:
The global electronic design automation software market has been segmented on the basis of
End-Uses
- Memory Management Units
- Microprocessors & Controllers
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Competitive Landscape
Key players in the global electronic design automation software market include Synopsis, Inc., Altium LLC, Cadence Design Systems, Inc., ANSYS, Inc., Mentor, Vennsa Technologies, and Silvaco, Inc. Increasing number of foundries is forcing these companies to collaborate with the foundries to ensure that their EDA software are compatible with the manufacturing processes of the foundries. These players focus majorly on mergers and acquisitions and expanding their distribution network, as part of their strategy to broaden their product range and improve their market position.
In March 2018, Silvaco Inc. declared the acquisition of the NanGate, Inc., an EDA company, to extend its product range and fasten the delivery of tools and methodologies. Likewise, in September 2016, Altium LLC declared the acquisition of Transfer BV, a Dutch reseller, to expand its reach in Northern Europe by exploiting Transfer BV’s extensive network.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Design Automation Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Design Automation Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Design Automation Software Market - Supply Chain
4.5. Global Electronic Design Automation Software Market Forecast
4.5.1. Electronic Design Automation Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Design Automation Software Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Electronic Design Automation Software Market Absolute $ Opportunity
5. Global Electronic Design Automation Software Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Electronic Design Automation Software Market Size and Volume Forecast by End Users
5.3.1. Memory Management Units
5.3.2. Microprocessors & Controllers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Electronic Design Automation Software Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Electronic Design Automation Software Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Electronic Design Automation Software Demand Share Forecast, 2019-2026
7. North America Electronic Design Automation Software Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Electronic Design Automation Software Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Electronic Design Automation Software Market Size and Volume Forecast by End Users
7.4.1. Memory Management Units
7.4.2. Microprocessors & Controllers
7.4.3. Others
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Electronic Design Automation Software Demand Share Forecast, 2019-2026
8. Latin America Electronic Design Automation Software Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Electronic Design Automation Software Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Electronic Design Automation Software Market Size and Volume Forecast by End Users
8.4.1. Memory Management Units
8.4.2. Microprocessors & Controllers
8.4.3. Others
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Electronic Design Automation Software Demand Share Forecast, 2019-2026
9. Europe Electronic Design Automation Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Electronic Design Automation Software Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Electronic Design Automation Software Market Size and Volume Forecast by End Users
9.4.1. Memory Management Units
9.4.2. Microprocessors & Controllers
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Electronic Design Automation Software Demand Share Forecast, 2019-2026
10. Asia Pacific Electronic Design Automation Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Electronic Design Automation Software Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Electronic Design Automation Software Market Size and Volume Forecast by End Users
10.4.1. Memory Management Units
10.4.2. Microprocessors & Controllers
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Electronic Design Automation Software Demand Share Forecast, 2019-2026
11. Middle East & Africa Electronic Design Automation Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Electronic Design Automation Software Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Electronic Design Automation Software Market Size and Volume Forecast by End Users
11.4.1. Memory Management Units
11.4.2. Microprocessors & Controllers
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Electronic Design Automation Software Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Electronic Design Automation Software Market: Market Share Analysis
12.2. Electronic Design Automation Software Distributors and Customers
12.3. Electronic Design Automation Software Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Synopsis, Inc.
12.4.2. Altium LLC
12.4.3. Cadence Design Systems, Inc.
12.4.4. ANSYS, Inc.
12.4.5. Mentor
12.4.6. Vennsa Technologies
12.4.7. Silvaco, Inc.
Segments Covered in the Report:
The global electronic design automation software market has been segmented on the basis of
End-Uses
- Memory Management Units
- Microprocessors & Controllers
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key players in the global electronic design automation software market include Synopsis, Inc., Altium LLC, Cadence Design Systems, Inc., ANSYS, Inc., Mentor, Vennsa Technologies, and Silvaco, Inc. Increasing number of foundries is forcing these companies to collaborate with the foundries to ensure that their EDA software are compatible with the manufacturing processes of the foundries. These players focus majorly on mergers and acquisitions and expanding their distribution network, as part of their strategy to broaden their product range and improve their market position.
In March 2018, Silvaco Inc. declared the acquisition of the NanGate, Inc., an EDA company, to extend its product range and fasten the delivery of tools and methodologies. Likewise, in September 2016, Altium LLC declared the acquisition of Transfer BV, a Dutch reseller, to expand its reach in Northern Europe by exploiting Transfer BV’s extensive network.
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