Electronic Design Automation Market Global Industry Analysis, Growth Forecast and Emerging Trends To 2024

Bearing this in mind, one of the foremost electronic design automation market participant Synopsys, Inc., has recently released a thorough and independent functional safety assessment and certification, ISO 26262. The latest certification would enable all the tools of Synopsys Design Platform to be deployed more efficiently in the development of automotive designs meeting the safety requirements of Automotive Safety Integrity Level (ASIL) A to D. Furthermore, the new assessment and certification spans the broadest and the most comprehensive portfolio of almost 40 ISO 26262 certified design tools across the overall electronic design automation industry.

EDA industry has depicted a considerable leap in the last couple of decade, if the technological perspective is considered. With the constant flow of innovation in the integrated circuit market, engineers have been striving to derive methodologies that help increase productivity to meet the current tight time-to-market window. For instance, the exponential rise in the adoption of consumer electronics such as smartphones, laptops and wearable devices has led to the adoption of the popular Semiconductor Intellectual Property (SiP) technology in the electronic design automation market. Driven by the widespread development of IoT and 4G networks, SiP EDA industry is likely to depict a profitable growth trend in the years ahead.

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The telecommunication industry has been heavily influencing the growth of electronic design automation market, driven by the increased use of testing tools and the consistent delivery of seamless communication services. The launch of long term evolution technology especially in countries such as China and India has also added an unprecedented stimulus to mobile devices market. In consequence, this has effectively augmented the revenue graph of electronic design automation industry, especially across the Asia Pacific region.

After acquiring Mentor Graphics for about USD 4.5 billion in early 2017, the German conglomerate Siemens has now taken over the reins of a well-known electronic design automation industry participant, Solido Design Automation. The latest purchase would apparently assist Siemens to expand its reach in the automation design arena, cite experts. Harnessing the prowess of its characterization and variation-aware softwares, Siemens is likely to merge Solido’s operations with Mentor’s IC verification solutions unit. This would, in turn, strengthen the presence of Siemens in the electronic design automation market over the forthcoming years.

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Speaking along similar lines, it is imperative to state that in terms of the regional perspective, Asia Pacific electronic design automation market is expected to witness commendable growth over the forthcoming years. This progress can be chiefly attributed to the prevalence of a considerable number of lifestyle electronics manufacturers and smartphone consumers. The increased penetration of broadband and the rise of IoT are also certain to contribute their bit toward driving the regional electronic design automation market share over 2017-2024.

Some Point from Table of Contents:

Chapter 4. EDA Market, By Product

4.1. EDA market share by product, 2016 & 2024

4.2. Computer Aided Engineering (CAE)

4.2.1. Market estimates and forecast, 2013 – 2024

4.2.2. Market estimates and forecast, by region, 2013 – 2024

4.3. IC physical design & verification

4.3.1. Market estimates and forecast, 2013 – 2024

4.3.2. Market estimates and forecast, by region, 2013 – 2024

4.4. Printed Circuit Board (PCB) and Multi-Chip Module (MCM)

4.4.1. Market estimates and forecast, 2013 – 2024

4.4.2. Market estimates and forecast, by region, 2013 – 2024

4.5. Semiconductor Intellectual Property (SIP)

4.5.1. Market estimates and forecast, 2013 – 2024

4.5.2. Market estimates and forecast, by region, 2013 – 2024

4.6. Services

4.6.1. Market estimates and forecast, 2013 – 2024

4.6.2. Market estimates and forecast, by region, 2013 – 2024

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