Electronic Design Automation Market Report Scope & Overview:

The Electronic Design Automation Market Size will be valued at USD 34.80 billion by 2031, and it was valued at USD 16.55 billion in 2023, and grow at a CAGR of 9.7% over the forecast period 2024-2031.

Electronic design automation is a tool used to design and validate an electronic system, printed circuit board (PCB), and integrated circuits. The semiconductor manufacturing sector is inextricably linked to the electronic design automation industry. Increased demand for improved electrical equipment and the need to reduce their size while improving the performance of integrated circuits (ICs), increases the need for electronic design automation tool. Electronic design automation tools are widely used by chip manufacturers in the manufacture of electronic products as they benefit by reducing production costs and seamless design certification. Many software companies are working with an electronic design automation tool to get more features, and better performance. There is a growing demand from customers for integrated automation circuits as they push for hybrid or electric vehicles with advanced connectivity features such as advanced driver assistance system (ADAS), infotainment, etc. This feature increases the market demand for electronic design automation.

Electronic Design Automation Market Revenue Analysis

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  • Increasing demand for highly sophisticated consumer gadgets.

  • Increasing adoption of connected devices.

  • Demand for sophisticated integrated circuits is increasing (ICs).


  • Constant technical advancements.


  • Growing need for electronic design automation solutions in the avionics, aerospace, and military industries.

  • Increasing adoption of cloud-based services.


  • The effect of COVID-19 on enterprises that provide electronic design automation systems.


COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. The COVID-19 epidemic continues to reverse the growth of many industries. Global semiconductor revenues are projected to decline by almost 5% in Q2 2020, due to declining production and a shortage of raw material supply. Also, due to geo-political problems during the COVID-19 disaster, a few semiconductors and electronics companies are now shifting their focus from China to India and other developing countries. Many semiconductor companies have asked government officials to clarify that the semiconductor industry operates as a viable business and to allow it to continue operating to meet customer needs and to normalize the supply chain industry. The electric design automation market is estimated to be moderately disrupted by the COVID-19 crisis, and will return to steady growth in Q2-2022.

Based on Product, the electronic design automation market is segmented into IC Physical Design & Verification, Semiconductor IP, Computer-aided Engineering (CAE), PCB & MCM and Services. The IC market for physical structure and verification component is expected to grow at a very high CAGR at the time of forecasting. The complexity of semiconductor authentication and manufacturing requirements is constantly increasing, making it increasingly difficult for IC-design companies to provide high-quality, competitive products while the fast-moving market. To meet the demand and achieve the set goals, companies need electronic design automation solutions that can provide reliable results and assist them in achieving their goals.

Based on Deployment Mode, the electronic design automation market is segmented into Cloud-based and On-premises. Cloud-based is expected to grow at a very high CAGR at the time of forecasting. As cloud-based design and verification is expected to provide the best results in high-performance operations, reduce costs associated with the production of semiconductor chips, and allow companies to reduce new marketing and acceleration time while maintaining or reducing operating costs. Therefore, these features accelerate the growth of cloud-based electronic automation solution.

Based on Application, the electronic design automation market is segmented into Memory Management Units, Microprocessors & Microcontrollers and Others. The memory management unit sector of electronic design automation market management units is expected to record the highest CAGR at the time of forecasting. The growth of digital, which has accelerated the need for faster processors and efficient memory management tools has accelerated growth. Companies have been using organic and inorganic growth techniques to improve the segment.

Based on End User, the electronic design automation market is segmented into Automotive Industry, Aerospace & Defense Industry, Consumer Electronics Industry, Healthcare Industry, Telecom and Data Centre Industry, Industrial Sector and Others.

The consumer electronics industry has captured the largest market of electronic design automation and the same trend is likely to be reflected during the forecast period. This segment has seen rapid growth over the past few years due to factors such as advances in technology used in earphones and headphones; increasing demand for high-quality, high-resolution television sets; increasing revenue and consumer spending potential; and increased penetration of smartphones. In addition, top companies have been developing their product portfolio and fraud deals by signing agreements with various companies to improve their products by adopting electronic design automation solutions.



  • IC Physical Design & Verification

  • Semiconductor IP

  • Computer-aided Engineering (CAE)

  • PCB & MCM

  • Services


  • Cloud-based

  • On-premises


  • Memory Management Units

  • Microprocessors & Microcontrollers

  • Others


  • Automotive Industry

  • Aerospace & Defense Industry

  • Consumer Electronics Industry

  • Healthcare Industry

  • Telecom and Data Centre Industry

  • Industrial Sector

  • Others

Electronic Design Automation Market Segmentation Analysis

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The North American EDA software market led to growth, with regional revenue exceeding 35% of the total market by 2023. The adoption of early technologies including 5G, machine learning, and practicality, among others has been a major impact on regional needs. In addition, the region boasts of strong wireless infrastructure and government support, which is expected to favor growth in the forecast period. Asia Pacific is expected to witness strong growth over the next few years, which is expected to witness a CAGR of 8-9% during the forecast period. This strong growth is due to an increase in the number of electronics companies. In addition, the growing demand for consumer devices and the expansion of facilities to meet this need will enhance regional growth in the forecast period.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The key players in the electronic design market are Cadence Design Systems, Synopsys, Siemens, ANSYS, Vennsa Technologies, Xilinx, EInfochips,. Altium Limited, Zuken, Silvaco & Other Players.

Vennsa Technologies-Company Financial Analysis

Company Landscape Analysis

Electronic Design Automation Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 16.55 Bn
Market Size by 2031 US$ 34.80 Bn
CAGR CAGR of 9.7% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (IC Physical Design & Verification, Semiconductor IP, Computer-Aided Engineering (CAE), PCB & MCM, Services)
• By Deployment Mode (Cloud-Based, On-Premises)
• By Application (Memory Management Units, Microprocessors & Microcontrollers, Others)
• By End User (Automotive Industry, Aerospace & Defense Industry, Consumer Electronics Industry, Healthcare Industry, Telecom And Data Centre Industry, Industrial Sector, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Cadence Design Systems, Synopsys, Siemens, ANSYS, Vennsa Technologies, Xilinx, EInfochips,. Altium Limited, Zuken, Silvaco
Key Drivers • Increasing demand for highly sophisticated consumer gadgets.
• Increasing adoption of connected devices.
• Demand for sophisticated integrated circuits is increasing (ICs).
Restraints • Constant technical advancements.

Frequently Asked Questions

The market size will be valued at USD 34.80 billion by 2031.

The market has been segmented with respect to product, development mode, end-user and application.

The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis


8. Electronic Design Automation Market Segmentation, by product


8.2 IC Physical Design & Verification

8.3 Semiconductor IP

8.4 Computer-aided Engineering (CAE)

8.5 PCB & MCM

8.6 Services

9. Electronic Design Automation Market Segmentation, by deployment mode


9.2 Cloud-based

9.3 On-premises

10. Electronic Design Automation Market Segmentation, by application

10.1 Introduction

10.2 Memory Management Units

10.3 Microprocessors & Microcontrollers

10.4 Others

11. Electronic Design Automation Market Segmentation, by end user

11.1 Introduction

11.2 Automotive Industry

11.3 Aerospace & Defense Industry

11.4 Consumer Electronics Industry

11.5 Healthcare Industry

11.6 Telecom and Data Centre Industry

11.7 Industrial Sector

11.8 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13.Company Profiles

13.1 Vennsa Technologies

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cadence Design Systems

13.3 Synopsys

13.4 Siemens

13.5 ANSYS

13.6 Xilinx

13.7 EInfochips

13.8 Altium Limited

13.9 Zuken

13.10 Silvaco

13.11 Others.

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments


An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

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