Sat, 05 Dec 2020

Market Research Future published a research report on "Cloud Electronic Design Automation (EDA) Market Research Report - Global Forecast 2022" - Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Overview

Cloud electronic automation design systems are software tools that facilitate the designing of complex electronic systems. Electronic automation design systems have already gained a quick mileage, whereas, the integration of cloud technology has boosted the sales of the software. It has gained much popularity and is expected to witness rising demand in the foreseeable future. The prognosis published by Market Research Future MRFR suggests that the global Cloud Electronic Design Automation Market is supposed to mark 5.51% CAGR during the forecast period 2016 to 2022. It unravels that the future trajectory of the market is supposed to be lucrative and it is estimated to earn profits worth USD 7595 Mn by 2022.

The growth of the electronics industry has led to the development of complex electronic systems. It is poised to lead the augmentation of the cloud electric automation design (EDA) market in the coming years. Also, the ongoing trend of miniaturization in the industry is supposed to drive the growth pattern of the global market in the years to come. The product leveraged algorithms for designing large-scale integrated circuits. This, in turn, is supposed to accelerate revenue creation in the cloud electronic design automation market.

Increasing electrification of automobiles has unleashed growth opportunities for market participants. It has increased the adoption rate of the software in the automotive industry. This, in turn, is projected to support the growth trajectory of the cloud electronic design automation market in the near future. In addition, the rising investments by governments to expedite the shift towards the adoption of electric cars due to environmental concern is also supposed to affect the market positively in the upcoming years.

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Key Players

The prominent players in the global Cloud Electronic Design Automation Market are Cadence Design Systems, Mentor Graphics, Synopsys, Agilent, Agnisys, Aldec, Ansys, JEDA Technologies, MunEDA, Sigrity, Zuken among others.

Global Cloud Electronic Design Automation Market Segmentation

On the basis of type, the cloud electric design automation market has been segmented into SIP (Semiconductor Intellectual Property), CAE, IC physical design and verification, and Printed Circuit Board (PCB) & Multi-Chip Module (MCM). Among these, the SIP (Semiconductor Intellectual Property) segment is anticipated to dominate the growth of the market. It is estimated to touch a valuation of USD 2746.5 Mn by the end of the forecast period.

On the basis of application, the segmentation of the cloud electric design automation market covers aerospace, military/defense, automotive, industrial, telecom, and others. Among these, the military / defense segment is projected to account for the maximum share of the market. Its valuation is estimated to reach USD 2418.1 Mn by 2022. The segment is also anticipated to register a CAGR of 6.84% across the review period.

Regional Outlook

The geographical analysis of the global cloud electronic design automation market has been included in this report. It covers the study for the following regions - Americas, Asia Pacific, Europe, and the Rest of the World (RoW). These regions are again studied on the basis of country-level markets. Americas is the dominant leader of the market and is projected to account for the highest market share through the evaluation period. The U.S. is supposed to lead the regional market owing to increasing adoption of the EDA software. Also, the rapid development of the cloud technology in the region is expected to boost the growth of the cloud electronic design automation market in the upcoming years. Asia Pacific is likely to bank upon the growth of the market in China. China is supposed to register a CAGR of 6.11% over the assessment period.

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Intended Audience

  • Investors and consultants
  • System Integrators
  • Government Organizations
  • Research/Consultancy firms
  • Technology solution providers
  • Hardware manufacturers
  • Semiconductor Companies
  • IC manufacturers

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Contact Information:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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