Electronic Design Automation Software Market Worth $14.54 Billion By 2025

San Francisco, United States, 2019-Aug-29 — /EPR Network/ —

The global electronic design automation software market size is expected to reach USD 14.54 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.9% during the forecast period. Growing preference for compact devices is prompting electronics manufacturers to opt for smaller-size circuits and miniaturized chips/ICs, which can be complex to design. Hence, electronics manufacturers are increasingly adopting EDA software to achieve precision in designing circuits and ICs, thereby driving the market.

As medical devices, consumer electronics, and other smart devices are getting compact, electronics manufacturers are under pressure to design compact processors for these devices. The growing adoption of the software to design compact processors is expected to have a positive impact on the EDA software market. Growing preference for System on Chip (SoC) technology, which is an efficient and cost-effective technology, also bodes well for the market growth.

Asia Pacific electronic design automation software market is expected to register a healthy CAGR over the forecast period. Growing population, disposable income, and rapid urbanization are driving the demand for consumer electronics and proliferation of smartphones. China accounted for the largest regional market share in 2018 driven by a large number of fabless manufacturing companies present in the country.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/electronic-design-automation-eda-software-market

Further key findings from the study suggest:

• Memory management unit accounted for more than 20.0% of the market share in 2018 and is expected to expand at a healthy CAGR over the forecast period as the increasing use of powerful processors triggers the need for efficient cache memory management
• North America is anticipated to register a CAGR of over 7.0% over the forecast period owing to the continued technological advancements and rapid adoption of latest technologies, such as the FinFET architecture
• The key players, such as Cadence Design Systems, Inc.; Synopsis, Inc.; and Mentorled the Electronic Design Automation (EDA) software market in 2018
• Major companies are expected to continue focusing on mergers and acquisitions over the forecast period to expand their product portfolio.

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Grand View Research has segmented the global Electronic Design Automation (EDA) software market on the basis of end use and regions:

Electronic Data Automation (EDA) Software End Use Outlook (Revenue, USD Million, 2014 – 2025)

• Microprocessors & Controllers
• Memory Management Units
• Others

Electronic Data Automation (EDA) Software Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

Access Press Release of This Research Report by Grand View Research:
https://www.grandviewresearch.com/press-release/global-electronic-design-automation-eda-software-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Grand View Research, Inc.
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