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Market Assessment: Global Electronic Design Automation (EDA) Market 2017-2021 - Cadence Design Systems, Synopsys, Siemens PLM Software


Albany, NY -- (SBWIRE) -- 09/19/2017 -- PLM software deals with different functional levels of an organization, design engineering, manufacturing, and product designing, The need to manage a product from the concept stage to the servitization stage has led to the emergence of PLM software and services. The increase in product complexities and product portfolio across organizations has created a demand for solutions in the production process across industries. The implementation of PLM in an organization improves capital efficiency, revenue generation, and cost management.

The global Electronic Design Automation market to grow at a CAGR of 5.5% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global EDA market for 2017-2021. To calculate the market size, the report considers the revenue generated from EDA tools.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global EDA Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cadence Design Systems
- Synopsys
- Siemens PLM Software

Other prominent vendors
- Keysight Technologies
- Agnisys
- Aldec
- Ansys
- JEDA Technologies
- MunEDA
- Zuken

Market driver
- Use of EDA in aerospace and defense industry for reducing design time
- For a full, detailed list, view our report

Market challenge
- Difficulty in integrating advanced design models
- For a full, detailed list, view our report

Market trend
- Shift from perpetual to subscription licensing model
- For a full, detailed list, view our report


Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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