Electronic Design Automation (EDA) Market: Size, Share, and Growth Forecast 2024–2029

Data Bridge Market Research analyses that the electronic design automation market was valued at USD 11.62 billion in 2021 and is expected to reach the value of USD 19.60 billion by 2029, at a CAGR of 6.75% during the forecast period.

Business Apr 24, 2025 6 Add to Reading List

Electronic Design Automation (EDA) Market: Size, Share, and Growth Forecast 2024–2029

The Electronic Design Automation (EDA) Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

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Which are the top companies operating in the Electronic Design Automation (EDA) Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Electronic Design Automation (EDA) Market report provides the information of the Top Companies in Electronic Design Automation (EDA) Market in the market their business strategy, financial situation etc.

Oracle (U.S.), Werner Enterprises (U.S.), SAP (Germany), BluJay Solutions (U.K.), Cadence Design Systems, Inc. (U.S.), Synopsys, Inc. (U.S.), Siemens (Germany), ANSYS, Inc. (U.S.), Keysight Technologies, Inc. (U.S.), Xilinx, Inc. (U.S.), eInfochips (U.S.), Altium Limited (Australia), Zuken Inc. (Japan), Silvaco, Inc. (U.S.)

Report Scope and Market Segmentation

Which are the driving factors of the Electronic Design Automation (EDA) Market?

The driving factors of the Electronic Design Automation (EDA) Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Electronic Design Automation (EDA) Market - Competitive and Segmentation Analysis:

**Segments**

- On the basis of component, the Global Electronic Design Automation (EDA) Market can be segmented into software and services. The software segment is expected to dominate the market during the forecast period. The increasing adoption of advanced technologies like artificial intelligence and machine learning in EDA software is driving the growth of this segment. On the other hand, the services segment is also anticipated to witness significant growth due to the rising demand for consulting, training, and support services among end-users.

- Based on application, the EDA market is categorized into semiconductor, automotive, aerospace & defense, healthcare, and others. The semiconductor segment is projected to hold a substantial market share by 2029, owing to the rapid advancements in semiconductor technologies and the growing demand for integrated circuits in various electronic devices. The automotive and aerospace & defense segments are also expected to register considerable growth, driven by the increasing focus on automation, connectivity, and electrification in these industries.

- By end-user, the Global Electronic Design Automation (EDA) Market is segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprises segment is likely to lead the market in 2029, as these organizations have higher budgets for adopting EDA solutions and are more inclined towards investing in cutting-edge technologies to enhance their product development processes. However, the SMEs segment is anticipated to witness a higher growth rate, supported by the rising awareness about the benefits of EDA tools and the availability of cost-effective solutions tailored for small businesses.

**Market Players**

- Some of the key players operating in the Global Electronic Design Automation (EDA) Market include Synopsys, Cadence Design Systems, Mentor Graphics (Siemens), ANSYS, Keysight Technologies, Altium, Silvaco, Zuken, Xilinx, and Lattice Semiconductor. These companies are focusing on strategic initiatives such as partnerships, mergers and acquisitions, and product innovations to strengthen their market presence and expand their product portfolios. The competitive landscape of theThe Global Electronic Design Automation (EDA) Market is witnessing a significant surge in growth, primarily driven by the continuous technological advancements and increasing complexity in semiconductor and electronic products. The market segmentation based on components into software and services plays a critical role in understanding the dynamics of the EDA market. The software segment is expected to dominate the market landscape, fueled by the adoption of cutting-edge technologies such as artificial intelligence and machine learning. These advanced capabilities embedded in EDA software solutions are empowering companies to streamline their product design processes, leading to improved efficiency and reduced time-to-market.

Moreover, the services segment within the EDA market is also poised for substantial growth as organizations increasingly require consulting, training, and support services to optimize their utilization of EDA tools. As the demand for tailored solutions and expert guidance rises, service providers are stepping in to bridge the gap and cater to the evolving needs of end-users across various industries.

The application-based segmentation of the EDA market further emphasizes the diverse use cases and industry-specific demands driving market growth. The semiconductor sector is projected to maintain a dominant position, given the relentless innovation and evolution in semiconductor technologies. With the proliferation of electronic devices and the advent of advanced functionalities, the demand for sophisticated integrated circuits continues to surge, bolstering the growth of the EDA market.

Additionally, the automotive and aerospace & defense segments are witnessing steady growth, propelled by the rapid integration of automation, connectivity, and electrification in vehicles and aircraft. This trend not only highlights the importance of EDA tools in enhancing product design and performance but also underscores the critical role played by EDA solutions in enabling innovation and competitiveness within these industries.

The end-user segmentation of the EDA market into small and medium enterprises (SMEs) and large enterprises presents a nuanced perspective on market dynamics. While large enterprises are expected to spearhead the market due to their robust investment capacities and strategic focus on technology adoption, SMEs are emerging as a force to reckon with, thanks to the availability of cost-effective E**Market Players**

- Oracle (U.S.)
- Werner Enterprises (U.S.)
- SAP (Germany)
- BluJay Solutions (U.K.)
- Cadence Design Systems, Inc. (U.S.)
- Synopsys, Inc. (U.S.)
- Siemens (Germany)
- ANSYS, Inc. (U.S.)
- Keysight Technologies, Inc. (U.S.)
- Xilinx, Inc. (U.S.)
- eInfochips (U.S.)
- Altium Limited (Australia)
- Zuken Inc. (Japan)
- Silvaco, Inc. (U.S.)

The Global Electronic Design Automation (EDA) Market is witnessing significant growth driven by technological advancements and increasing complexity in semiconductor and electronic products. The market segmentation based on components into software and services is crucial for understanding market dynamics. The software segment is expected to dominate the market, fueled by the adoption of advanced technologies like artificial intelligence and machine learning, enabling companies to enhance product design processes efficiently. The services segment is also poised for growth as organizations seek consulting, training, and support services to optimize EDA tool utilization.

Furthermore, the application-based segmentation underscores diverse market demands. The semiconductor sector is poised for substantial growth due to continuous innovation in semiconductor technologies and the rising demand for integrated circuits in electronic devices. The automotive and aerospace & defense segments are also expected to grow steadily due to the increasing integration of automation and electrification, highlighting the importance of EDA tools in enhancing product design and performance in

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Electronic Design Automation (EDA) Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Electronic Design Automation (EDA) Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Electronic Design Automation (EDA) Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2029) of the following regions are covered in Chapters

The countries covered in the Electronic Design Automation (EDA) Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa.

Key Questions Answered:

1. What is the Electronic Design Automation (EDA) Market?

2. How big is the Electronic Design Automation (EDA) Market?

3. What is the growth rate of the Electronic Design Automation (EDA) Market?

4. What are the key drivers of the Electronic Design Automation (EDA) Market?

5. Which region dominates the Electronic Design Automation (EDA) Market?

6. Who are the major players in the Electronic Design Automation (EDA) Market?

7. What segments are included in the Electronic Design Automation (EDA) Market?

8. What are the challenges facing the Electronic Design Automation (EDA) Market?

9. What is the future outlook for the Electronic Design Automation (EDA) Market?

10. How can companies benefit from the Electronic Design Automation (EDA) Market?

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