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The Demand for U.S. EDA Software has Increased Owing to Growing Technological Advancements

The U.S. electronic design automation software (EDA) market is expected to reach USD 4.25 Billion by 2025. The growth is majorly driven by the noticeable growth of electronics industry in the U.S. Rapid product development in the electronics market is expected to increase the demand for EDA software’s as these are used in designing of circuits and IC designing.

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The Demand for U.S. EDA Software has Increased Owing to Growing Technological Advancements

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  1. Your Catalyst to a Lucrative Business U.S. EDA Software Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2025 | HexaResearch “ The U.S. electronic design automation software (EDA) market is expectedto reach USD 4.25 Billion by2025.” 09 January2019 The U.S. electronic design automation software (EDA) marketis expected to reach USD 4.25 Billion by 2025. The growth is majorly driven by the noticeable growth of electronics industry in the U.S. Rapid product development in the electronics market is expected to increase the demand for EDA software’s as these are used in designing of circuits and IC designing. The consumer electronics market in the U.S. is expected to growatasteadygrowthratebyvirtueofanincreaseinthedemandforconsumerelectronicsintheregion. Growing demand from electronic component manufacturers is expected to drive the demand for EDA software over the forecast period. The emergence of SoC technology in the majority of electronics has been a major driving factor for the U.S. electronic design automation software market. The on-premises application of EDA software’s is expected to grow at a rapid pace as on-premises software’s provide data execution across many functions, product lines, and businessunits. The emergence of virtual reality, 3D smart televisions, wireless communication systems as well as smart home appliances, the demand for designing of circuits has increased. These factors are expected to have a direct impact on the growth of the market. EDA involves a unique set of software algorithms which are essential for designing of complex semiconductor and next-generationproducts. FollowUs:

  2. Your Catalyst to a Lucrative Business • With an increase in VLSI design, EDA also becomes complicated. EDA software’s are majorly used by electronic equipment manufacturers. Majorly the products include televisions, DVD and multimedia players, video recorders, Wi-Fi adapters, smartphone components, and manymore. • Browse Details of Report @ https://www.hexaresearch.com/research-report/us-electronic-design- automation-eda-software-market • Dynamic nature of the consumer electronics market is expected to increase the demand for electronic design automation software over the forecast period. The trend of continuous product development showcased by the consumer electronics market has led in a very active R&D department which is involved in designing of componentsfornewandlatestproducts.ThisprocessusesEDAsoftwareforcircuitandICdesigning. • Additionally, rapid penetration of Internet of Things (IoT) is expected to drive the demand for EDA software’s as these new products require designing from scratch. Increasing usage of internet will help EDA developers to provide software’s and services through online portals. Such strategies are expected to improve market penetration for new players in the market. Provision of online portals will help the players to reduce capital expenditure, infrastructure costs, improvement in the supply chain, and cost of ownership which will, in turn, improve profit margins for theproviders. • Thedesignsoftwareisexpectedtoemergeasalucrativesegmentonaccountofitsheavyusageacrossall • industries.Usageofdesignsoftware’sisdoneacrossallproductdevelopmentswherecircuitsareinvolved. • Circuits act as a basis for connections and EDA software’s are used to design those circuits. The microprocessor & microcontroller segment is expected to show noticeable growth pertaining to demand for microprocessors & microcontrollers in the majority of electronics used on a day to day basis. Rapid penetrationoflatesttechnologyandtrendsintheU.S.makesitapotentialmarketplace. • Hexa Research has segmented the U.S. electronic design automation software (EDA) market report based on type and enduse: • Segmentation byType • Verification • Simulation • DesignSoftware • Segmentation by EndUse • Microprocessors &Controllers • MMU • Others • Key playersanalyzed: • Cadence DesignSystems • SynopsysInc. • Mentor GraphicsCorporation FollowUs:

  3. Your Catalyst to a Lucrative Business • Zuken,Inc. • Silvaco,Inc. • Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/technology- industry • AboutUs: • Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growthinitiatives. • ContactUs: • Ryan Shaw HexaResearch • Felton Office Plaza 6265 Highway9 • Felton, California 95018 UnitedStates • Phone:+1-800-489-3075 • Email:sales@hexaresearch.com • Website -https://www.hexaresearch.com FollowUs:

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