Electronic Design Automation Set for Explosive Growth by 2032

The global Electronic Design Automation (EDA) market is projected to grow from US$ 17.59 billion in 2025 to US$ 32.88 billion by 2032, registering a robust CAGR of 9.4%. This growth is fueled by the increasing complexity of integrated circuits (ICs) and the rising demand for automation in semiconductor manufacturing. The surge in AI, IoT, and 5G devices has heightened the need for advanced chip design tools, prompting key players like Synopsys, Cadence, and Siemens EDA to innovate continuously. Cloud-based EDA adoption is set to reach 38% of the market by 2025, offering scalability and collaborative design environments. Meanwhile, the integration of AI and machine learning is transforming chip optimization and verification, enabling faster and more efficient development. North America is expected to lead the market, supported by strong semiconductor innovation, while IDMs and solution-based components will dominate market segments.

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The global Electronic Design Automation (EDA) market is projected to grow from US$ 17.59 billion in 2025 to US$ 32.88 billion by 2032, registering a r...