“Electronic design automation (EDA) continued to report strong revenue growth in Q4 2023,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “The Computer-Aided Engineering, Printed Circuit Board and Multi-Chip Module, Semiconductor Intellectual Property, and Services categories reported double-digit growth. Further, all geographic regions reported substantial growth.”
The companies tracked in the EDMD report employed 60,106 people globally in Q4 2023, an 8.9% increase over the Q4 2022 headcount of 55,192 and up 0.6% compared to Q3 2023.
The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category – (Year-Over-Year Change)
Computer-Aided Engineering (CAE) revenue increased 19.5% to $1,5bn. The four-quarter CAE moving average increased 19.3%.
IC Physical Design and Verification revenue declined 1% to $691.5mn. The four-quarter moving average for the category increased 20%.
Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue rose 21% to $410.8mn. The four-quarter moving average for PCB and MCM rose 18.9%.
Semiconductor Intellectual Property (SIP) revenue increased 13.7% to $1,632.4mn. The four-quarter SIP moving average rose 5.9%.
Services revenue jumped 25.4% to $176.2mn. The four-quarter Services moving average rose 10.8%.
Revenue by Region – Year-Over-Year Change
The Americas, the largest reporting region by revenue, procured $1.9bn of electronic system design products and services in Q4 2023, an 11.9% increase. The four-quarter moving average for the Americas rose 11.6%.
Europe, Middle East, and Africa (EMEA) procured $608.2mn of electronic system design products and services in Q4 2023, a 20.5% increase. The four-quarter moving average for EMEA grew 17.8%.
Japan’s procurement of electronic system design products and services grew 8.3% to $262mn. The four-quarter moving average for Japan increased 9.4%.
Asia Pacific (APAC) procured $1.6bn of electronic system design products and services in Q4 2023, a 15.2% increase. The four-quarter moving average for APAC grew 16.7%.
