India, Nov. 24 -- Global Electronic Design Automation (EDA) Market was estimated to be worth USD 541 Million in 2023 and is forecast to a readjusted size of USD 811.1 Million by 2030 with a CAGR of 6.4% during the forecast period 2024-2030.

Electronic design automation (EDA) market is segmented by type (Computer-aided Engineering (CAE), IC Physical Design & Verification, Printed Circuit Board (PCB) and Multi-Chip Module (MCM), Semiconductor Intellectual Property (SIP)), by Application (Aerospace & Defense, Automotive, Consumer, Electronics, Industrial, Medical, Telecommunications).

Major factors driving growth

EDA market serves as the backbone of global semiconductor innovation, connecting conceptual design with large-scale manufacturi...