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The electronic design automation market size is projected to increase by USD 8.69 billion at a CAGR of 10.26% between 2023 and 2028. Market expansion hinges on multiple factors, prominently the escalating importance of Electronic Design Automation (EDA) in the electronic design sphere. As technological advancements drive complexity in electronic design, EDA tools play an increasingly crucial role in streamlining and optimizing the design process. Moreover, the growing relevance of EDA extends beyond traditional applications, encompassing emerging domains such as system-level design and hardware-software co-design. This expanding significance underscores the indispensable role of EDA solutions in enabling innovation and accelerating time-to-market for electronic products. Additionally, the proliferation of IoT managed services and IoT devices, the surge in demand for high-performance computing, and the advent of artificial intelligence further underscore the growing relevance of EDA across diverse industries. These factors collectively contribute to the robust growth trajectory of the EDA market, propelling it towards continued expansion and innovation.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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