Electronic Design Automation Software Market size is anticipated to reach USD 22.21 billion by 2030
Electronic Design Automation Software Industry Overview The global electronic design automation software market size was valued at USD 10.20 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. The market was impacted marginally due to the pandemic as the hardware supply was hampered due to logistic activities coming to a halt. EDA helps reduce cost as well as time concerning electric circuit designs. The software also helps eliminate manual errors subsequently favoring the market growth. Tech integration to the existing solutions such as machine learning to reduce design costs is also creating avenues for future growth. Gather more insights about the market drivers, restrains and growth of the Global Electronic Design Automation Software Market The electronic design automation (EDA) software market growth is directly proportional to the demand for the semiconductor & electronics sect...