Albany, NY -- (SBWIRE) -- 01/04/2017 -- EDA comprises software tools used in the designing of electronic systems and components such as ICs and PCBs. The tools allow electrical (hardware) and computer (software) engineers to design, analyze, and simulate electronic components and systems. They are also used to derive methodologies and algorithms that aid in the designing of ultra-large-scale integration (ULSI) circuits. Segments such as CAE, semiconductor IP, IC physical design and verification, PCB and MCM, and services add up to drive the growth of the global EDA market.

The global electronic design automation (EDA) market to grow at a CAGR of 8.52% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global electronic design automation (EDA) market for 2016-2020. The report also presents the major vendors that develop EDA software tools in regions such as the Americas; Europe, Middle East, and Africa (EMEA); and APAC.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Electronic Design Automation (EDA) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cadence Design Systems
- Mentor Graphics
- Synopsys

Other prominent vendors
- Agnisys
- Aldec
- Ansoft
- ATopTech
- JEDA Technologies
- Sigrity
- Tanner EDA
- Xilinx
- Zuken

Market driver
- Growing complexity of semiconductor device designs
- For a full, detailed list, view our report

Market challenge
- Difficulty in developing scalable design methodologies
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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