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Global EDA market to grow at a CAGR of 5.5% during the period 2017-2021

Press Release   •   Feb 14, 2017 18:04 IST

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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.

Technavios analysts forecast the global EDA market to grow at a CAGR of 5.5% during the period 2017-2021.

Covered in this report

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

APAC

EMEA

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

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/964364