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FELTON, Calif., April 1, 2021 /PRNewswire/ The global Electronic Design Automation (EDA) Software Market size is projected to reach USD 14.54 billion by 2025 with a CAGR of 8.9%, according to a new report by Million insights.
What are Key Factors Driving the
Electronic Design Automation Software Market?
The growing adoption of electronic devices across the globe is prompting manufacturers to develop compact electronics devices by incorporating and minimizing the size of miniaturized chips/ICs which has complex designs. Thus, electronics manufacturers are increasing the adoption of EDA software, in order to achieve the precision in IC designs and circuits, which in turn expected to boost the market growth in the forthcoming years.