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

Q: What is fueling the electronic design market growth?

The growth is fueled by increasing chip complexity, growth in consumer electronics, and demand for real-time design validation tools.

Q: Which sector is generating the highest demand for electronic design tools?

Automotive electronics, especially in EVs and ADAS, are creating the most demand.

Q: What are the technological shifts in the electronic design market?

The market is shifting toward AI-driven automation, cloud-based design environments, and collaborative EDA platforms.

Q: How much is the electronic design market expected to grow by 2031?

The market is projected to reach approximately USD 27.7 billion by 2031, growing at a CAGR of 11.5%.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6203

Publication Date: Jul 2025

How Big Is the Electronic Design Market?

According to 6Wresearch internal database and industry insights, the electronic design market was valued at USD 14.2 billion in 2024 and is projected to reach approximately USD 27.7 billion by 2031, expanding at a CAGR of 11.5% during the forecast period.

This rapid growth is driven by the increasing complexity of semiconductor designs, rising adoption of AI/ML-based design tools, demand for smaller and more efficient electronics, and growing R&D in IoT and automotive electronics.

Growth Factors of the Electronic Design Market

Surge in demand for advanced SoCs and ASICs across consumer electronics and industrial automation.
Integration of AI and ML for design validation, simulation, and optimization.
Expanding EV and autonomous vehicle development fueling complex embedded system designs.
Rise of 5G infrastructure requiring precise RF and analog circuit designs.
Growing reliance on cloud-based EDA (Electronic Design Automation) solutions.
Investment by semiconductor companies in faster, iterative design cycles for faster time-to-market.

Electronic Design Market Trends

Electronic Design Market is witnessing rapid transformation with the rise of cloud-native EDA platforms, AI-integrated simulation environments, and system-level modeling tools. Trends also include growing demand for multi-domain co-design (mechanical + electrical), the integration of digital twins for early prototyping, and rising collaborative development workflows to reduce design turnaround time and increase productivity. The adoption of open-source design flows in academic and start-up ecosystems is also gaining traction.

Emerging Developments in Electronic Design Market

Electronic Design Market is experiencing innovations such as automated design verification, IP reuse standardization, and edge-device simulation at design time. Leading EDA firms are focusing on integrating hardware emulation and real-time analytics into chip design workflows. Furthermore, cross-domain design convergence is enabling optimized electronic system designs across aerospace, healthcare, and consumer tech sectors.