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EDA industry generated a revenue of $4B in Q1 2023, growth of 12%

EDA industry which is also referred as Electronic System Design (ESD) industry generated a revenue of $3,951.1 million in the first quarter of 2023, up by 12% from $3,527.7 million in the first quarter of 2022, as per the latest finding from ESD Alliance. EDA
Below are the other findings shared by ESD Alliance, a sub group under SEMI. β€œThe electronic design automation (EDA) industry continued to post double-digit gains in Q1 2023, with increases in all product categories and geographic regions,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. β€œProduct categories Computer Aided Engineering, IC Physical Design and Verification, Printed Circuit Board and Multi-Chip Module, and Services all reported double digit increases.” The companies tracked in the EDMD report employed 57,696 people globally in Q1 2023, a 12.9% jump over the Q1 2022 headcount of 51,093 and up 4.5% compared to Q4 2022. The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns. Revenue by Product and Application Category – Year-Over-Year Change Computer-Aided Engineering (CAE) revenue rose 15.1% to $1,434.1 million. The four-quarter CAE moving average increased 18.6%. IC Physical Design and Verification revenue...
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