Electronic Design Automation (EDA) Market Thrives On Demand For Complex Integrated Circuits: Powering Innovation and Expansion in the Global Electronic Design Automation (EDA) Market by 2025

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What Is the Expected CAGR for the Electronic Design Automation (EDA) Market Through 2025?
The Electronic Design Automation (EDA) market has shown remarkable growth in the past few years. It's projected that this growth will continue, with the market worth expected to increase from $15.12 billion in 2024 to $16.52 billion in 2025. This equates to a Compound Annual Growth Rate (CAGR) of 9.2%. The aforementioned historic growth can be credited to several factors, including an increase in demand for EDA tools in the automotive sector, continued adoption of FinFET architecture, increased integration of IoT, VR, and AI technologies, rising demand for smaller and portable electronic devices, and an increased demand for machine learning within EDA.

What's the Projected Size of the Global Electronic Design Automation (EDA) Market by 2029?
The market for electronic design automation (EDA) is anticipated to witness robust growth in the upcoming years, with its size projected to reach $22.4 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.9%. Factors such as rising demand for sophisticated integrated circuits (ICS), increased miniaturization across different sectors, heightened consumer interest in fitness, the growth of Internet of Things (IoT) and connected devices, and rising use of field-programmable gate arrays (FGGAS) in data centers instigate this growth up until the predicted period. Key trends for the forecast period encompass technological advancements, application of 5G technology, IoT device usage, the incorporation of SOC technology, and the influence of AI on machine learning capabilities.

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Top Growth Drivers in the Electronic Design Automation (EDA) Industry: What's Accelerating the Market?
The surge in the need for complex integrated circuits (ICs) is anticipated to boost the electronic design automation (EDA) market's expansion. These ICs are miniature electronic chips composed of interconnected components, including resistors, transistors, and capacitors, etched on a solitary piece of semiconductor material, such as silicon. EDA tools assist engineers in effectively managing the complexities involved in creating sophisticated integrated circuits, ensuring they meet the required functionality, performance, and manufacturability specifications. These tools can compile, analyze, and simulate these HDL descriptions to confirm the accuracy of the design and ascertain it complies with the necessary specifications. To illustrate, the Semiconductor Industry Association (SIA), a US-based industry association and lobbying group, reported in October 2024 that global semiconductor sales had reached $53.1 billion in August 2024. This reflects a 20.6% surge compared to August 2023's $44.0 billion and a 3.5% increase from July 2024's $51.3 billion. Hence, the escalating demand for complex integrated circuits (ICs) is propelling the growth of the electronic design automation market.

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What Trends Will Shape the Electronic Design Automation (EDA) Market Through 2029 and Beyond?
Significant players in the electronic design automation (EDA) market, such as Siemens AG, are creating revolutionary products like Tessent RTL Pro to secure a competitive advantage in the market. The Tessent RTL Pro software solution, developed to enable integrated circuit (IC) design teams to expedite a vast range of vital design-for-test (DFT) tasks for their forthcoming designs, was launched by Siemens AG, a German automation company, in October 2023. This groundbreaking software facilitates the automated examination and insertion of test points, wrapper cells, and x-bounding logic earlier in the design process, thus enabling engineers to spot and tackle testability issues at the onset of design. With the industry-first capabilities delivered in combination with Siemens' Tessent DFT tools, Tessent RTL Pro helps customers shorten design turn-around-time and enhance time-to-market.

What Are the Main Segments in the Electronic Design Automation (EDA) Market?
The electronic design automation (eda)market covered in this report is segmented -

1) By Type: Computer Aided Engineering (CAE), Semiconductor Intellectual Property (SIP), Integrated Circuit (IC) Physical Design And Verification, Printed Circuit Board (PCB) And Multi-Chip Module (MCM)
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Application: Microprocessors And Microcontrollers, Memory Management Units, Other Applications
4) By End User: Automotive Industry, Healthcare Industry, Aerospace And Defense Industry, Telecom And Data Centre Industry, Consumer Electronics Industry, Industrial Sector, Other End-Users

Subsegments:
1) By Computer Aided Engineering (CAE): Simulation Software, Analysis Tools, Testing And Validation Tools
2) By Semiconductor Intellectual Property (SIP): Soft IP, Hard IP, Mixed-Signal IP
3) By Integrated Circuit (IC) Physical Design And Verification: Layout Design Tools, Place And Route Tools, Design Rule Checking (DRC) Tools, Layout Versus Schematic (LVS) Tools
4) By Printed Circuit Board (PCB) And Multi-Chip Module (MCM): PCB Design Tools, MCM Design Tools, Design For Manufacturing (DFM) Tools, Schematic Capture Tools

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Which Top Companies are Driving Growth in the Electronic Design Automation (EDA) Market?
Major companies operating in the electronic design automation (EDA) market are Siemens AG, Oracle Corporation, SAP SE, Advanced Micro Devices Inc., Dassault Systemes, Keysight Technologies Inc., Synopsys Inc., Autodesk Inc., Cadence Design Systems Inc., Werner Enterprises, Xilinx Inc., Ansys Inc., National Instruments Corp., MathWorks Inc., eInfochips Private Limited, Mentor Graphics Corporation, Altium Limited, BluJay Solutions Ltd., Zuken Inc., Silvaco Inc., Aldec Inc., Agnisys Inc., Labcenter Electronics Ltd., Intercept Technology Inc., Sigasi NV, Altair Engineering Inc., Boldport Limited, Dolphin Design, EasyEDA, EnSilica plc, Eremex Ltd.

Which Regions Will Dominate the Electronic Design Automation (EDA) Market Through 2029?
North America was the largest region in the electronic design automation (EDA) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic design automation (EDA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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