Global Electronic Design Automation Software(EDA) Market

Feb 2020| VMR1703A| Verified Market Research

Report Highlights

Electronic Design Automation (EDA) Software Market

According to Verified Market Research, the Global Electronic Design Automation (EDA) Software Market was valued at USD 7.66 Billion in 2018 and is projected to reach USD 14.80 Billion by 2026, growing at a CAGR of 8.54 % from 2019 to 2026.

Global Electronic Design Automation (EDA) Software Market Outlook

The increasing advancement in the electronic consumer industry in response to meet the automotive gadgets, smart wearable devices, and equipment associated with healthcare is the key factor for the growth of the market. The other factor such as technological innovations includes the introduction of the machine learning concepts and thereby, enabling tools to solve the designing issues tends to impel the market growth. However, the availability of the open-source EDA software expected to hamper the market growth.

Global Electronic Design Automation (EDA) Software Market Competitive Landscape

The Global Electronic Design Automation (EDA) Software Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Synopsis, Inc., Silvaco, Inc., ANSYS, Inc., Cadence Design Systems, Inc., Mentor, Vennsa Technologies and Altium LLC.

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