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The EDA tools market is projected to register a CAGR of 12.2% during the forecast period 2018-2023.
Electronic design automation consists of software tools used in the designing of electronic systems and components, such as integrated circuits and printed circuit boards. The tools allow hardware and software providers to design and simulate several electronic components and systems. The demand of EDA tools has increased significantly due to the reduction in time of electronics component or system design.
The demand for compact electronic devices has been increasing across several sectors, such as automotive and industrial manufacturing, and has compelled the IC manufacturers to increase investment in R&D, to reduce the size while improving the performance of ICs. This has led to the development of microelectromechanical systems (MEMS) and 3D semiconductor devices.
Factors, such as, economic growth, favorable government policies, and increasing demand for consumer electronic devices in the US have increased the market's growth. The intensifying significance of the IoT and the presence of prominent semiconductor device manufacturers, such as Intel, are expected to impact the market during the forecast period.
Andy Shaughnessy, Design007 Magazine
David White has been involved with artificial intelligence research for almost 30 years. Now, David is the senior group director of R&D for Cadence Design Systems, and I knew we’d have to speak with him for this issue on AI. In a recent interview, we discussed his decades of work in AI, Cadence’s research into AI and machine learning, and what he believes AI could mean for the EDA tools of the future.
Barry Matties, I-Connect007
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Andy Shaughnessy, PCBDesign007
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