The advancements in Electronic Design Automation design systems in driving the cloud Electronic Design Automation design market. The major factor contributing the growth of cloud Electronic Design Automation market is licensing advantage. Apart from it the cloud Electronic Design Automation systems do not require a dedicated system and also solves the storage issues as all the data is stored on cloud.
Increasing production of electronic hardware devices is also contributing to the cloud electronic design automation market. As the cloud Electronic Design Automation systems provide a pay-per-usage model, it successfully reduces the costs. Thus reduction in costs is responsible for the growth in the cloud electronic design market.
The Global Cloud Electronic Design Automation Market is growing rapidly over 5.51% of CAGR and is expected to reach at USD 7595.8 million by the end of forecast period 2022.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Cloud Electronic Design Automation Market Research Report -Forecast to 2022”.
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- The global Cloud Electronic Design Automation (EDA) market is expected to reach USD ~7595 Million by 2022, growing with approximately 5.51% of CAGR during forecast period 2016-2022.
- By Type in Cloud Electronic Design Automation (EDA) Market the Semiconductor Intellectual Property (SIP) is dominating the market and is expected to reach USD 2,746.5 million by 2022.
- By Application in Cloud Electronic Design Automation (EDA) Market the Military/Defense application is expected hold largest market share of USD 2418.1 million in 2022 and telecom application is expected to grow with 6.84% CAGR during forecast period 2016-2022.
- United States is expected to dominate the market of Cloud Electronic Design Automation (EDA) market throughout the forecast period.
- China is expected to grow with a highest CAGR of 6.11% during the forecast period 2016-2022.
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.
Market Research Analysis:
Regional analysis for global Cloud Electronic Design Automation (EDA) Market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of world. The study reveals that United States would dominate the global Cloud Electronic Design Automation market as United States shows a very strong growth in the electronics industry. However, growing semiconductor industry in China has expected China to hamper the Cloud Electronic Design Automation market growth in coming future. China is projected to grow with approximately 6.11% CAGR during the forecast period.
Global Cloud Electronic Design Automation Market Segmentation
The global Cloud Electronic Design Automation market has been segmented on the basis of type, application and region. On the basis of type, the market is classified into the market is fragmented into CAE, SIP (semiconductor intellectual property), IC Physical Design and Verification, Printed Circuit Board (PCB) and Multi-chip Module (MCM). By application, the market is categorized into Military/Defense, Aerospace, Telecom, Automotive, Industrial and others. Largest market share is acquired by the military/defense application segment.
- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- Hardware manufacturers
- Semiconductor Companies
- IC manufacturers
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