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 …