Electronic Design Automation (EDA) Demand Surges in Developing Countries

The global Electronic Design Automation (EDA) market is set to grow from US$ 17.59 billion in 2025 to US$ 32.88 billion by 2032, at a CAGR of 9.4%. This growth is driven by the increasing complexity of integrated circuits (ICs) and the automation needs in semiconductor production, particularly with the rise of AI, IoT, and 5G technologies. Major companies like Synopsys, Cadence, and Siemens are advancing chip design tools to cater to the growing demand for devices such as smartphones, smartwatches, and autonomous vehicles. Additionally, the shift toward cloud-based EDA platforms and the integration of AI and machine learning are revolutionizing the industry, making chip design faster and more efficient. This market expansion is further fueled by the miniaturization trend in sectors like healthcare, automotive, and consumer electronics, increasing the demand for smaller, high-performance semiconductor components.