To ensure seamless operations while teams continue to work from home, ICT companies are heavily utilising technologies such as cloud computing and artificial intelligence. The emphasis on fast automation and the use of real-time operation in various end-use sectors such as automotive, food and beverage, and others will provide a boost to growth.

The report provides useful and actionable market insights for Electronic Design Automation (EDA) Tools. Fact.most MR’s recent report provides information on the current state of the market across various regions, as well as historical data and market forecasts. The report also includes sales and demand data for the Electronic Design Automation (EDA) Tools Market in various industries and regions.

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The global electronic design automation (EDA) tools market was valued at US$ 2.1 billion in 2021 and is expected to grow 9.5% year on year to US$ 2.3 billion in 2022. Demand is expected to rise at a 5.6% value CAGR during the 2022-2032 forecast period, reaching US$ 3.9 billion by the end of the forecast period.

Key EDA tools Players

• Agnisys Technology Pvt. Ltd.
• Aldec
• Altium Ltd
• Ansys Inc.
• Arm Holdings
• Cadence Design Systems Inc.
• Keysight Technologies Inc.
• JEDA Technologies
• MunEDA
• Siemens PLM Software Ltd.
• Synopsys Inc.
• Zuken Inc.

Country-wise Forecast CAGRs for the EDA tools Market

Key Segments Covered in the EDA Tools Market Study

• EDA Tools by Component
  • EDA Tools Solutions
    • Bundles
    • Standalone
  • EDA Tools Services
    • Managed
    • Professional
• 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
• 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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Competitive Landscape

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.

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More Valuable Insights on Electronic Design Automation (EDA) Tools   Market

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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