- According to a study by RationalStat, the market for Electronic Design Automation (EDA) solutions has a bright future ahead of it.
- Valued at $12.2 billion in 2022, the market is expected to grow at a compound annual growth rate (CAGR) of 8.8% between 2023 and 2030, reaching $22 billion by 2030.
Electronic design automation software solutions are essential for the creation of electronic devices and systems. Numerous software tools facilitate the design, analysis and verification of complex electronic systems, integrated circuits (ICs) and printed circuit boards (PCBs).
These tools aim to respond to the constant evolution of electronic devices in terms of compactness, miniaturization and energy savings in most industrial sectors. They aim to enable engineers and designers to cope with the issues posed by the growing complexity of electronic designs, stringent performance requirements, shorter design cycles and the need to mitigate the risks associated with design errors and reliability problems.
EDA tools offer a variety of functionalities encompassing schematic capture, simulation, synthesis, placement and routing, as well as physical verification. This enables designers to conceptualize, simulate and refine their electronic designs.
