The EDA industry grew from $2,953.9 million to $3,458.1 million in the third quarter of 2021, the Alliance, part of the SEMI technology community, said in its latest report Electronic Design Market Data (EDMD). The four-quarter moving average, which compares the last four quarters to the previous four, rose 16.1%.
SiP tool revenue increased 30.6% to $1,373.3 million. The four-quarter SIP rolling average increased 22.1%, driven by the growing use of heterogeneous chips and packages.
Europe, Middle East and Africa (EMEA) also saw strong growth, up 22.6% to $451.7 million. The four-quarter rolling average for EMEA increased by 11.9%.
“The industry reported double-digit year-over-year revenue growth for the third quarter of 2021,” said Wally Rhines, executive sponsor of the SEMI Electronic Design Market Data report. “Geographically, all regions recorded double-digit growth, with CAE, PCBs and Multi-Chip Modules, SIP and Services product categories also posting double-digit growth.”
Companies tracked in the EDMD report employed 51,182 people globally in Q3 2021, an 8.7% increase from the Q3 2020 workforce of 47,087 and a 2.4% increase from in the second quarter of 2021.
CAE’s revenues increased 13.7% to $1,054.7 million. The CAE four-quarter moving average increased by 11.8%.
IC Physical Design and Verification revenue increased just 0.7% to $612.6 million. However, the category’s four-quarter rolling average increased by 16%.
Revenue from printed circuit boards and multi-chip modules (PCBs and MCMs) increased 14.5% to $298.3 million. The four-quarter rolling average for PCBs and MCMs increased 10.9%.
Services revenue increased 12.5% to $119.1 million. The four-quarter moving average for services increased by 9.2%.
The Americas, the largest reporting region by revenue, purchased $1,494.5 million worth of electronic systems design products and services in Q3 2021, an increase of 14.3%. The four-quarter rolling average for the Americas increased 15.8%.
Revenue in Japan increased 11.8% to $259.8 million. Japan’s four-quarter moving average rose 3.3%. Asia-Pacific (APAC) revenue increased 19.7% to $1,252.1 million. The four-quarter rolling average for APAC increased 21.3%.