EDA revenues ahead 15% in third quarter : comparemela.com

EDA revenues ahead 15% in third quarter


EDA revenues ahead 15% in third quarter
Figures from the Electronic System Design (ESD) Alliance Market Statistics Service (MSS) show that EDA industry revenues increased 15% in Q3 2020 to $2.9bn, when compared to Q3 2019, with all categories logging significant gains.
“The EDA industry reported a substantial double-digit year-over-year revenue increase for Q3 2020,” said Wally Rhines, “all product categories and geographic regions reported increases in Q3. The CAE, Semiconductor IP (SIP), and Services categories and, regionally, the Americas, Europe, Middle East and Africa, and Asia Pacific reported double-digit growth. Further, the Semiconductor IP category and the Asia Pacific region both surpassed $1 billion in quarterly revenue.”

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