As microchip technology has continually improved, industry software has been increasingly demanded to research and test new designs and reduce the costs associated with the chip design process. Firms have had to continuously adapt their software packages to keep pace with the rapid rate of technological change associated with microchip design. One way firms have added new services to their repertoire is by acquiring smaller firms with specialized skill sets. During the next five years, the industry is anticipated to benefit from increasing microchip applications in consumer appliances and broadband-enabled smartphones and tablets.
Industry firms develop electronic design automation (EDA) software, which is used primarily for designing electronic components, such as printed circuit boards and integrated circuits.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.