DUBLIN--(BUSINESS WIRE)--The "Global Electronic Design Automation Services (EDA) Market - Segmented by Product Type, End User and Geography - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global electronic design automation (EDA) services market is anticipated to register a CAGR of 14.1% over the forecast period of 2018-2023.
Services include consulting services for product installations, maintaining the existing tools, updating of EDA tools, and renewing licenses and subscriptions. The end users are also provided with training and support services. The growth of EDA services is mainly dependent on the demand for EDA tools, increasing automation in automobiles, and the robust growth of connected devices. These factors are expected to increase the demand for the electronic design tools market, thereby influencing the growth of the EDA services market.
Economic growth, favorable government policies, and increasing demand of consumer electronic devices in the US have bolstered the growth of the market. The increasing significance of IoT and the presence of prominent semiconductor device manufacturers like Intel, are expected to boost the growth of the market studied during the forecast period. Considering the above-mentioned factors, the rise of consumer electronic devices is expected impact the EDA tools market, thereby driving the growth of the EDA services market.
- Synopsys Inc.
- Cadence Design Systems Inc.
- Mentor Graphic Corporation
- Magma Design Automation Ltd
- Zuken Inc
- Siemens PLM Software Inc.
- Keysight technologies
- Agnisys Inc.
- Ansys Inc.
- Altium Limited
- Apache Design Solutions Inc.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Electronic Design Automation Tools Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Electronic Design Automation Tools Market
For more information about this report visit https://www.researchandmarkets.com/research/fbkwrn/global_electronic?w=4