The increase in demand for compact electronic components required for smart wearable devices, electronic gadgets & medical equipment, advancement in System on Chip (SoC), and surge in penetration of mobile & wireless devices, growing adoption of AI & IoT devices are the major factors that drive the growth of the electronic design automation software market. In …
Tag Archives: Electronic Design Automation Software
Electronic Design Automation Software Market – To Observe Rugged Expansion at a CAGR of 9.6% by 2027
According to the report, the global electronic design automation software industry was estimated at $10.20 billion in 2019, and is anticipated to hit $20.89 billion by 2027, registering a CAGR of 9.6% from 2020 to 2027. Rise in adoption of FinFET architecture for designing modern processors, advancement in SoC technology, and increase in penetration of IoT, AI, and VR …