MILPITAS, Calif.,
Oct. 7, 2024 /PRNewswire/ -- Electronic System Design (ESD) industry revenue increased 18.2% to
$4,685.5 million in the second quarter of 2024 from the
$3,962.7 million registered in the second 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 18%.
"The electronic design automation (EDA) industry reported substantial revenue growth in Q2 2024," said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. "All product categories reported increases, with IC Physical and Semiconductor IP and Services posting double-digit growth. Further, all geographic regions reported double-digit growth."
