Electronic Design Automation (EDA) Market to Grow by USD 8.7 Billion (2024-2028) with AI's Rising Impact on Trends - Technavio Report [Yahoo! Finance]
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Source: Yahoo! Finance
design automation (EDA) market size is estimated to grow by USD 8693.6 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.26% during the forecast period. Growing significance of eda in electronic design process is driving market growth, with a trend towards machine learning disrupting global eda market. However, high dependency on semiconductors and electronics markets poses a challenge. Key market players include Advanced Micro Devices Inc., Agnisys Inc., Aldec Inc., ANSYS Inc., Autodesk Inc., Cadence Design Systems Inc., ElectroMagneticWorks Inc., Eremex Ltd., Intercept Technology Inc., Keysight Technologies Inc., Labcenter Electronics, Mirabilis Design Inc, National Instruments Corp., Siemens AG, Sigasi NV, Silvaco Inc., Synopsys Inc., Verific Design Automation Inc., WestDev Ltd., and Zuken Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report
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- Advanced Micro Devices, Inc. (NASDAQ: AMD) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
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