- Electronic design automation tools are critical software solutions used in the design, verification, and simulation of electronic systems, including integrated circuits, printed circuit boards, and semiconductor intellectual property, enabling efficient development of complex electronic products
- The demand for electronic design automation tools is fueled by the proliferation of IoT devices, advancements in 5G technology, and the increasing adoption of automotive electronics, particularly in electric and autonomous vehicles
- North America dominated the electronic design automation tools market with the largest revenue share of 42.5% in 2024, driven by the presence of major semiconductor companies, early adoption of advanced technologies, and significant R&D investments in the U.S
- Asia-Pacific is expected to be the fastest-growing region during the forecast period, propelled by rapid industrialization, increasing semiconductor manufacturing, and rising investments in consumer electronics in countries such as China, Japan, and South Korea
- The IC Physical Design and Verification segment dominated the largest market revenue share of 38.2% in 2024, driven by the increasing complexity of integrated circuits and the demand for precise design and verification tools to ensure performance and reliability in semiconductor manufacturing
