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Electronic Design Automation Market to Reach $17.47 Billion by 2030, Growing at a CAGR of 10.7% — Exclusive Report by Meticulous Research®

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Market Expansion Fueled by Advancements in IC Design, Rising Adoption of AI & ML, and Increasing Cloud-based EDA Solutions

REDDING, Calif., March 31, 2025 /PRNewswire/ — According to a new market research report titled ‘Electronic Design Automation Market Size, Share, Forecast & Trends Analysis by Offering (Solutions, Services), Deployment Mode (On-premise, Cloud-based), Tool Type (Design Tools, Verification Tools, Simulation Tools), and Geography – Global Forecast to 2030’, published by Meticulous Research®, the global Electronic Design Automation (EDA) market is expected to grow from an estimated $8.96 billion in 2023 to $17.47 billion by 2030, at a CAGR of 10.7% during the forecast period.

Key Market Drivers and Trends

The growth of the EDA market is driven by the increasing complexity of integrated circuit (IC) designs, rising adoption of connected devices, and growing demand for EDA solutions in the aerospace and defense sectors. Additionally, the increasing integration of AI and machine learning in chip design is further boosting market expansion.

Cloud-based EDA solutions are gaining traction as companies seek cost-effective and scalable alternatives to traditional on-premise deployments. The ability to access design tools remotely, collaborate in real-time, and leverage cloud computing power is accelerating adoption across small and mid-sized enterprises (SMEs).

For more comprehensive insights, download the FREE report sample of the Electronic Design Automation Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5465

Growth Opportunities

The rapid evolution of AI and ML-based EDA tools is expected to create new growth opportunities. These advanced tools enhance automation, reduce design time, and improve performance, increasing efficiency in semiconductor and electronics manufacturing. Additionally, the growing demand for edge computing and high-performance computing (HPC) chips is driving the need for more sophisticated and automated EDA solutions.

The increasing adoption of cloud-based solutions is another major growth driver, enabling seamless collaboration and improved accessibility for global design teams. Companies are increasingly integrating AI and ML algorithms into their workflows to optimize design accuracy and efficiency, reducing costly errors and accelerating time-to-market. Moreover, the emergence of domain-specific electronic product designs and the rising focus on power-efficient chipsets for IoT and AI applications are expected to drive innovation in EDA solutions. Increased investments in R&D and strategic collaborations between semiconductor companies and EDA solution providers will further expand market potential.

Market Challenges

Despite strong growth potential, the EDA market faces several challenges. High software costs remain a major barrier, particularly for small and mid-sized companies looking to adopt advanced design tools. Licensing fees and maintenance costs can be substantial, limiting accessibility for smaller market players.

Another key challenge is the availability of open-source EDA tools, which, while cost-effective, lack the full-scale capabilities of premium solutions. As a result, companies must balance cost efficiency with performance when selecting EDA tools.

The rapid technological evolution of semiconductor manufacturing processes creates challenges in keeping EDA tools up to date. As chip designs become more complex, ensuring seamless compatibility between hardware and software tools is becoming increasingly difficult. Additionally, concerns regarding data security in cloud-based EDA deployments continue to hinder widespread adoption, especially in highly regulated industries like aerospace and defense. The industry also faces a shortage of skilled professionals with expertise in advanced EDA tools, further complicating adoption and implementation.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) – https://www.meticulousresearch.com/product/electronic-design-automation-market-5465

Segment Insights:

By Offering: The solutions segment dominates the market, accounting for approximately 72.4% of the share in 2023, driven by increasing investments in advanced IC design, verification, and semiconductor IP solutions. The services segment is anticipated to register the highest CAGR, as organizations seek expert consulting, training, and implementation support to enhance their EDA workflows.

By Deployment Mode: Cloud-based EDA solutions are expected to register the highest CAGR, with companies shifting towards flexible and cost-efficient design environments. Cloud-based deployment offers improved accessibility, real-time collaboration, and scalable computing power, making it an attractive choice for semiconductor manufacturers and electronics design firms.

By Tool Type: Design tools are the largest segment, accounting for 48.5% of the market share in 2023, due to growing complexity in ICs, printed circuit boards (PCBs), and semiconductor design processes. Verification tools are also seeing significant growth, driven by the increasing need to ensure chip reliability and performance before mass production.

Request a customized research analysis tailored to your specific requirements: https://www.meticulousresearch.com/request-customization/cp_id=5465

Regional Analysis:

The Asia-Pacific region is expected to register the highest CAGR in the global electronic design automation market during the forecast period. The increasing presence of semiconductor foundries in China, Taiwan, South Korea, and Japan, coupled with rising investments in AI-driven chip design, is fueling market expansion in the region. Governments in these countries are also providing incentives to boost domestic semiconductor production, further driving demand for EDA solutions.

North America remains a dominant market due to the presence of major semiconductor manufacturers and EDA solution providers. The region’s strong focus on R&D, coupled with high adoption rates of advanced design automation technologies, is sustaining steady growth. Europe is also witnessing a rise in EDA adoption, particularly in the automotive and aerospace industries, where the demand for high-performance and reliable chips is growing.

Competitive Insights

The global EDA market is highly competitive, with key players focusing on AI-powered solutions, strategic partnerships, and innovative product launches. Leading companies include Cadence Design Systems, Inc. (U.S.), Synopsys, Inc. (U.S.), Siemens AG (Germany), ANSYS, Inc. (U.S.), Keysight Technologies, Inc. (U.S.), Altium Limited (U.S.), Zuken (Japan), and Silvaco, Inc. (U.S.).

Recent Industry Developments

March 2024: Cadence Design Systems launched an AI-driven chip optimization tool to improve design automation.January 2024: Synopsys acquired a semiconductor AI startup to enhance its ML-powered design verification tools.October 2023: Siemens EDA announced a partnership with a leading semiconductor foundry to streamline chip design processes.

Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More)- https://www.meticulousresearch.com/view-pricing/781

Scope of the Report:

Electronic Design Automation Market, by Offering                           

SolutionsComputer-aided EngineeringIC Physical Design & VerificationPCB & MCM DesignSemiconductor IP DesignServices

Electronic Design Automation Market, by Deployment Mode

On-premise deploymentCloud-based deployment

Electronic Design Automation Market, by Tool Type

Design ToolsVerification ToolsSimulation Tools

Electronic design automation Market, by Geography

North AmericaU.S.CanadaEurope GermanyU.K.FranceItalySpainRest of Europe Asia-PacificChinaIndiaJapanSouth KoreaTaiwanSingaporeRest of Asia-PacificLatin AmericaMiddle East & Africa

About Meticulous Research

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.

With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.

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Meticulous Market Research Pvt. Ltd.
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Technology

Bonside Scorecard Launches Alongside Strategic Partnership with Kimco Realty and Nuveen Real Estate

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May 18, 2025

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This partnership will support the launch of Bonside’s forthcoming proprietary underwriting tool

NEW YORK, May 18, 2025 /PRNewswire/ — Today, Bonside, a technology company that provides financial underwriting and funding to brick-and-mortar businesses, announces a strategic partnership with leading real estate investment trust Kimco Realty and global investment manager Nuveen Real Estate. As part of this partnership, both firms made equity investments in Bonside and will be among the first users of the company’s new proprietary underwriting product, the Bonside Scorecard, designed to help commercial landlords more efficiently assess the creditworthiness and risk of new and existing non-credit retail tenants.

The Bonside Scorecard brings much-needed standardization to how commercial landlords evaluate the financial and operational health of retail tenants. Built on the same underwriting process that drives Bonside’s own investment decisions, and 37 transactions to date, the tool enables landlords to quickly and effectively assess tenant performance via accounting software data.

At the nucleus of Bonside is the ability to analyze, standardize and capitalize the rise of non-credit retail. By emphasizing the fundamentals of physical retail, Bonside serves the category with specificity — weighing metrics like 4-wall EBITDA, COGS, labor ratios, and 20+ other industry-specific metrics to bring purpose-built underwriting and an investment-grade mentality to the brick-and-mortar economy. For landlords, this means streamlining and standardizing the tenant diligence process and holistic risk assessments at the property and portfolio level. For tenants, it removes friction and inconsistency, allowing rising concepts to compete for sought-after spaces and sign leases without manual effort.

This partnership marks a major milestone in Bonside’s growth and furthers its mission to define, and service, the brick-and-mortar economy. Since launching in 2023, Bonside has funded 37 deals and has $25 million in assets under management. Their flexible financing model, The Repeatable Revenue Agreement (RRA), gives businesses the opportunity to scale without giving up equity or entering debt, all powered by Bonside’s proprietary underwriting platform.

About Bonside
Bonside is based in NYC and publicly launched in June of 2023, to provide underwriting intelligence and capital to brick-and-mortar concepts, at scale.

Press Contact
Rachel Pietrangelo
rachel@bonside.com
Bonside

View original content:https://www.prnewswire.com/news-releases/bonside-scorecard-launches-alongside-strategic-partnership-with-kimco-realty-and-nuveen-real-estate-302458463.html

SOURCE Bonside

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Stagwell (STGW) Appoints Connie Chan as Chief Growth Officer for Asia Pacific

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11 hours ago

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May 18, 2025

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A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell’s next phase of growth in APAC

SINGAPORE, May 18, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell’s growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

This appointment builds on Stagwell’s growth momentum across APAC on the heels of acquiring ADK GLOBAL earlier this year. Stagwell APAC now encompasses 2,500 employees across 34 APAC offices.

Chan will report to Ryan Linder, EVP, Global Chief Marketing Officer. “As the global marketing landscape continues to shift, Asia Pacific stands out as a region of extraordinary opportunity. Connie’s leadership will be instrumental as we build a network that not only responds to the complexity of today, but sets the pace for what’s next,” said Linder.

“Connie doesn’t just drive growth. She builds momentum that breaks the sound barrier,” said Randy Duax, Stagwell’s Managing Director, Asia Pacific. “We’ve spent the last three years building the kind of platform the holding companies said couldn’t be done—media, creative, strategy and PR moving as one, built for speed, wired for scale. Connie isn’t here to learn the playbook. She’s here to call the next play.”

Chan brings a track record of transformative leadership spanning decades in media, marketing, and strategic communications. Most recently, she served as CEO of OMD China, where she oversaw the agency’s operations in Shanghai, Beijing, and Guangzhou, with a focus on driving growth and creativity, and inspiring teams with a strong focus on culture. Prior to that, Chan held leadership roles at WPP, including Executive Director of the Government & Public Sector Practice in Singapore, and Chief Client Officer for APAC at MEC (now Wavemaker), focusing on strategic client partnerships.

Upon her appointment, Chan reflected, “I’ve always believed in the power of strategic clarity and bold ideas. At Stagwell, we have the talent, the ambition, and the platform to build work that matters – and impact that endures.”

Stagwell

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

Media Contact:

PR@Stagwellglobal.com 

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SOURCE Stagwell Inc.

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Das Marketing Shares Concerns Over Corporate Service Experience in Singapore

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11 hours ago

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May 18, 2025

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Das Marketing International reports serious issues with a Singapore service provider, urging businesses to exercise due diligence and know their legal rights.

SINGAPORE, May 18, 2025 /PRNewswire-PRWeb/ — Das Marketing International Group Pte. Ltd. would like to share important information about its experience with an external corporate secretarial provider in Singapore – Investbanq Corporate Services Pte. Ltd.

During our cooperation, we encountered a number of serious operational and management issues that significantly impacted our business, including:

Refusal to carry out key corporate transactions, which caused significant delays in our business, instead requested for unreasonable compliance inquiry including source of fund of the transactions.

Requesting excessive and confidential information and documentation, without clear justification, including reason for transactions, original agreements, source of capital and tax information.

Refusal to arrange a meeting with a compliance specialist despite verbal requests and demands for direct interaction on regulatory matters.

Demanding unreasonably high budget of USD 20k for legal counsel despite low risk situations.

Refusal to perform actions despite clear instructions given as a client.

Overall a horrible client experience.

Fortunately, the current Singapore legislation allowed us to promptly change the nominee director and corporate secretary, restoring control over the management of the company without the involvement of the previous provider.

We strongly recommend that companies operating in Singapore carefully select corporate service providers, enter into written contracts in a timely manner and be well aware of their rights under the Companies Act and other regulations.

Das Marketing International Group Pte. Ltd. remains committed to the principles of transparency, professionalism and strict compliance with Singapore laws.

Media Contact

Director, Das Marketing International Pte. Ltd., 1 3152803039, shgdasm@proton.me

View original content:https://www.prweb.com/releases/das-marketing-shares-concerns-over-corporate-service-experience-in-singapore-302456320.html

SOURCE Das Marketing International Pte. Ltd.

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