Global Electronic Design Automation Market 2016-2020 with CAGR

Global Electronic Design Automation Market 2016-2020 with CAGR of 8.5% - Research and Markets

DUBLIN — (BUSINESS WIRE) — September 7, 2016 — Research and Markets has announced the addition of the "Global Electronic Design Automation Market 2016-2020" report to their offering.

The global electronic design automation (EDA) market to grow at a CAGR of 8.52% during the period 2016-2020.

Global Electronic Design Automation (EDA) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

EDA comprises software tools used in the designing of electronic systems and components such as ICs and PCBs. The tools allow electrical (hardware) and computer (software) engineers to design, analyze, and simulate electronic components and systems. They are also used to derive methodologies and algorithms that aid in the designing of ultra-large-scale integration (ULSI) circuits.

According to the report, high research and development investments will be a key driver for market growth. R&D forms an integral part of the semiconductor industry. The semiconductor industry recorded its highest R&D spending of $56.4 billion in 2015.

This, however, is not in lieu of the industry standard for R&D spending since 2010, which grew at an average of 13% on a yearly basis. The industry spending toward R&D was up by only 0.5% from 2014, which is the lowest the industry has witnessed since the downturn of 2009. The spending was also below the CAGR of 4% between 2005 and 2015.

Intel, one of the leading chip vendors in the market, accounted for 22% of total semiconductor spending in 2015. This was the highest among leading players such as Qualcomm, Samsung Electronics, and Avago Technologies and foundries such as Taiwan Semiconductor Manufacturing Corporation (TSMC). An important aspect to note is that the top five R&D spenders were unchanged from 2014.

Segments such as CAE, semiconductor IP, IC physical design and verification, PCB and MCM, and services add up to drive the growth of the global EDA market.

Key vendors