In a recently published report, Cloud Electronic Design Automation (EDA) Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cloud Electronic Design Automation (EDA) Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Cloud Electronic Design Automation (EDA) Market is valued approximately USD 6128.44 million in 2018 and is anticipated to grow with a healthy growth rate of more than 5.51% over the forecast period 2019-2026. Cloud Electronic Design Automation market is a market of software tools generally used by the semiconductor industries for designing complex electronic systems. Cloud EDA tools allows the users to use it from any place and helping the company to design and develop highly complicated design circuits. Cloud EDA helps companies in designing and developing highly complicated large-scale circuits which can be used in industries such as aerospace, healthcare and automotive also it leads to reduction in design time, error and cost saving in the manufacturing of aerospace and defense equipment.
The economies which are having industrialization at significant pace has can take advantage of Cloud EDA in reducing the extra cost involved in storage of big data and can also save huge amount of money which used to occur while following manual production stage. In last decade, researchers have acclaimed that the process to place additional elements on the same small area has become difficult. So, to solve that issue, advanced elements and tool such as EDA are being placed on cloud which is expected to boost the market growth. However, there are various factors which are required to be considered such as cloud provider drivers, past attempts to use the cloud, tool licensing, information security. Such factors are expected to hinder the market growth during the forecast period.
In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.
As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.
The regional analysis of Cloud Electronic Design Automation (EDA) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of Electronic Design Automation tools among the manufacturing users in the region. Asia Pacific contributes a satisfactory growth in the Cloud Electronic Design Automation (EDA) Market during the forecast period due to presence of semiconductor manufacturing companies in China, Japan, South Korea. European Region is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to growing automotive industry in the region.
Some market player included in this report are:
Cadence Design System
Mentor Graphics
Synopsys
Agilent
Agnisys
Aldec
Ansys
JEDA Technologies
MunEDA
Sigrity
Zuken
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
CAE (Computer- Aided Engineering)
SIP (semiconductor intellectual property)
IC Physical Design and Verification
Printed Circuit board (PCB) and Multi-Chip Modules
By Application:
Military/Defences
Aerospace
Telecom
Automotive
Industrial
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
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Target Audience of the Global Voice Analytics in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Cloud Electronic Design Automation (EDA) Market, by Type, 2016-2026 (USD Billion)
1.3.2. Cloud Electronic Design Automation (EDA) Market, by Application, 2016-2026 (USD Billion)
1.3.3. Cloud Electronic Design Automation (EDA) Market, by Region, 2016-2026 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cloud Electronic Design Automation (EDA) Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cloud Electronic Design Automation (EDA) Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cloud Electronic Design Automation (EDA) Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion
Chapter 5. Global Cloud Electronic Design Automation (EDA) Market, by Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Cloud Electronic Design Automation (EDA) Market Estimates & Forecast by Type 2016-2026 (USD Billion)
5.4. Cloud Electronic Design Automation (EDA) Market, Sub Segment Analysis
5.4.1. Computer- Aided Engineering (CAE)
5.4.1.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.4.2. Semiconductor Intellectual Property (SIP)
5.4.2.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.4.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.4.3. IC Physical Design and Verification
5.4.3.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.4.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.4.4. Printed Circuit board (PCB) and Multi- Chip Module (MCM)
5.4.4.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.4.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
Chapter 6. Global Cloud Electronic Design Automation (EDA) Market, by Application
6.1. Market Snapshot
6.2. Market Performance – Potential Model
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