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Electronic System Design Industry Hits Record Revenue of Nearly $3 8 Billion in 2Q22, ESD Alliance Reports

Electronic System Design Industry Hits Record Revenue of Nearly $3 8 Billion in 2Q22, ESD Alliance Reports
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Electronic System Design Industry Logs 12 1% Year-Over-Year Revenue Growth in Q1 2022

Electronic System Design Industry Logs 12 1% Year-Over-Year Revenue Growth in Q1 2022, ESD Alliance Reports

MILPITAS, Calif., July 12, 2022 /PRNewswire/ Electronic System Design (ESD) industry revenue increased 12.1% from $3,157.7 million in Q1 2021 to $3,540.5 million in Q1 2022, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD)report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 14.5%. "The industry continued to report double-digit year-over-year revenue growth in Q1 2022, with quarterly revenue reaching a record $3,540.5 million," said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. "Product categories Computer-Aided Engineering, Printed Circuit Board and Multi-Chip Module, Semiconductor Intellectual Property, and Services recorded growth for the quarter. Geographically, the Americas, Japan, and Asia Pacific (APAC) all reported revenue growth." The companies tracked in the EDMD report employed 51,328 people glo

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