MILPITAS, Calif., July 15, 2024 /PRNewswire/ -- Electronic System
Design (ESD) industry revenue increased 14.4% to $4,521.6 million in the first quarter of 2024
from the $3,951.1 million registered
in the first quarter of 2023, the ESD Alliance, a SEMI Technology
Community, announced today in its latest Electronic Design
Market Data (EDMD) report. The four-quarter moving
average, which compares the most recent four quarters to the prior
four, rose 14.8%.
"The electronic design automation (EDA) industry continued to
report strong revenue growth in Q1 2024," said Walden C. Rhines, Executive Sponsor of the SEMI
Electronic Design Market Data report. "All product categories
reported increases, with CAE, IC Physical, Semiconductor IP and
Services posting double-digit upticks. Further, all geographic
regions reported growth, with the Americas and Asia Pacific logging double-digit revenue
gains."
The companies tracked in the EDMD report employed 61,653
people globally in Q1 2024, a 6.9% jump over the Q1 2023 headcount
of 57,696 and up 2.6% compared to Q4 2023.
The quarterly EDMD report contains detailed revenue
information with the following category and geographic
breakdowns.
Revenue by Product and Application Category – Year-Over-Year
Change
- Computer-Aided Engineering (CAE) revenue increased 13%
to $1,621.1 million. The four-quarter
CAE moving average increased 18.9%.
- IC Physical Design and Verification revenue grew 13.9%
to $769.6 million. The four-quarter
moving average for the category increased 17.5%.
- Printed Circuit Board and Multi-Chip Module (PCB and
MCM) revenue rose 2.8% to $378.9
million. The four-quarter moving average for PCB and MCM
rose 13.2%.
- Semiconductor Intellectual Property (SIP) revenue
increased 18.6% to $1,578.1 million.
The four-quarter SIP moving average rose 10.3%.
- Services revenue jumped 22.3% to $173.9 million. The four-quarter Services moving
average rose 12.3%.
Revenue by Region – Year-Over-Year Change
- The Americas, the largest reporting region by revenue,
procured $1,937.2 million of
electronic system design products and services in Q1 2024, a 14.1%
increase. The four-quarter moving average for the Americas rose
12.1%.
- Europe, Middle East, and Africa (EMEA) procured $579.0 million of electronic system design
products and services in Q1 2024, a 9.2% increase. The four-quarter
moving average for EMEA grew 14.6%.
- Japan's procurement of
electronic system design products and services grew 2.8% to
$280.7 million. The four-quarter
moving average for Japan increased
8.9%.
- Asia Pacific (APAC)
procured $1,724.7 million of
electronic system design products and services in Q1 2024, a 19%
increase. The four-quarter moving average for APAC grew 19.2%.
About the EDMD Report
The ESD Alliance Electronic
Design Market Data (formerly the Market Statistics Service)
report presents Electronic Design Automation (EDA), SIP and
Services industry revenue data quarterly. Both public and private
companies contribute data to the report available from SEMI. Each
quarterly report is published approximately three months after
quarter close. EDMD report data is segmented as follows:
- Revenue by product category (CAE, IC Physical Design and
Verification, SIP, PCB/MCM Layout, and Services) including numerous
detailed sub-categories
- Revenue by geographic region (Americas, EMEA, Japan and APAC)
- Total employment at participating companies
For information about SEMI market research reports, visit the
SEMI Market Research Reports and Databases Catalog.
About the Electronic System Design Alliance
The
Electronic System Design (ESD) Alliance, a SEMI Technology
Community, is the central voice to communicate and promote the
value of the semiconductor design ecosystem as a vital component of
the global electronics industry. As an international association of
companies providing goods and services throughout the semiconductor
design ecosystem, it is a forum to address technical, marketing,
economic and legislative issues affecting the entire industry. For
more information about the ESD Alliance, visit
http://esd-alliance.org.
About SEMI
SEMI® is the global
industry association connecting over 3,000 member companies and 1.5
million professionals worldwide across the semiconductor and
electronics design and manufacturing supply chain. We accelerate
member collaboration on solutions to top industry challenges
through Advocacy, Workforce Development, Sustainability, Supply
Chain Management and other programs. Our
SEMICON® expositions and events, technology
communities, standards and market intelligence help advance our
members' business growth and innovations in design, devices,
equipment, materials, services and software, enabling smarter,
faster, more secure electronics. Visit www.semi.org, contact a
regional office, and connect with SEMI
on LinkedIn and X to learn more.
The information supplied by the ESD Alliance is believed to
be accurate and reliable, but the ESD Alliance assumes no
responsibility for any errors that may appear in this document. All
trademarks and registered trademarks are the property of their
respective owners.
Association Contacts
Paul Cohen
Phone: 978-769-2106
Email: pcohen@semi.org
Jack Taylor
Phone: 512-560-7143
Email: jack.taylor@siemens.com
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