Technavio Announces the Publication of its Research Report Global Electronic Design Automation (EDA) Market 2016-2020
Technavio recognizes the following companies as the key players in the global electronic design automation (EDA) market: Synopsys, Cadence Design Systems, and Mentor Graphics.
Other Prominent Vendors in the market are: Agnisys, Aldec, Ansoft, ATopTech, JEDA Technologies, Sigrity, Tanner EDA, Xilinx, and Zuken.
Browse full report with TOC@ https://marketreportscenter.com/reports/374129/global-electronic-design-automation-market-2016-2020
Commenting on the report, an analyst from Technavios team said: Rise in number of fabless semiconductor companies will be a key trend for market growth. Semiconductor companies are migrating to the fabless business structure. This is a strategic decision taken by vendors as they want to focus more on the designing and development of their solutions rather than on the maintenance of the foundries. These companies are outsourcing their fabrication- and other manufacturing-related activities to foundries that are specialized in the manufacturing, testing, and assembling of semiconductor ICs. The resultant ratio of foundries and fabless companies stands at 1:11 in the global semiconductor market. The rise in the number of fabless semiconductor companies will increase the need for EDA software tools in the market, as these fabless companies are just concerned with the design aspect of semiconductor devices.
According to the report, high research and development investments will be a key driver for market growth. R&D forms an integral part of the semiconductor industry. The semiconductor industry recorded its highest R&D spending of $56.4 billion in 2015. This, however, is not in lieu of the industry standard for R&D spending since 2010, which grew at an average of 13% on a yearly basis. The industry spending toward R&D was up by only 0.5% from 2014, which is the lowest the industry has witnessed since the...