How Big Is the Electronic Design Automation Market | Segments & Insights 2031

How big is the electronic design automation market?

The robust growth is supported by the increasing complexity in semiconductor chip design, rising adoption of System-on-Chip architecture, and the surge in AI/ML-enabled design tools. Additionally, the automotive sector's push for advanced driver-assistance systems and autonomous technology is expanding the application scope of EDA tools.

Growth Factors of the Electronic Design Automation Market

• Accelerating demand for miniaturized and power-efficient semiconductor devices
• Growth of electric and autonomous vehicles boosting chip verification and simulation tools
• Rising investments in 5G and IoT deployments requiring sophisticated chip design
• Expansion in cloud-based EDA tools enabling remote and collaborative workflows
• Increasing design complexity due to heterogeneous integration of multiple functions on a chip
• Government initiatives in chip design and semiconductor self-reliance

Electronic Design Automation Market Trends

Electronic Design Automation Market is witnessing a shift toward cloud-based design environments and AI-enhanced simulation tools. There is growing integration of machine learning to optimize verification processes, reducing design cycle time. Moreover, partnerships between EDA tool providers and foundries are becoming critical in ensuring design accuracy for advanced process nodes below 5nm. The surge in edge computing and custom silicon development across hyperscalers is further accelerating the demand for high-performance EDA tools.

Emerging Developments in the Electronic Design Automation Market

Emerging developments include the integration of generative AI into chip design workflows, enabling predictive modeling and design exploration. Companies are investing in low-code and no-code platforms to broaden accessibility to design environments. There is a marked rise in startups using cloud-native EDA platforms to reduce overhead and access global talent. Also, increased regulatory focus on chip integrity and IP security is shaping development priorities for EDA vendors.

Leading Companies in the Electronic Design Automation Industry

• Synopsys, Inc.
• Cadence Design Systems, Inc.
• Siemens EDA (Mentor Graphics)
• Ansys, Inc.
• Keysight Technologies
• Altium Limited
• Zuken Inc.

How Big Is the Electronic Design Automation Market : FAQ's