MILPITAS, CA – PCB and multi-chip module design software revenue grew 8.2% in the second quarter, totaling $399.2 million, according to the Electronic System Design Alliance's latest Electronic Design Market Data report.

The four-quarter moving average, which compares the most recent four quarters to the prior four, for PCB and MCM rose 13.6%.

Overall, electronic system design industry revenue increased 18.2% to $4.7 billion in the second quarter. The four-quarter moving average rose 18%.

“The electronic design automation (EDA) industry reported substantial revenue growth in Q2 2024,” said Walden C. Rhines, executive sponsor of the SEMI Electronic Design Market Data report. “All product categories reported increases, with IC Physical and Semiconductor IP and Services posting double-digit growth. Further, all geographic regions reported double-digit growth.”

The companies tracked in the EDMD report employed 63,188 people globally in the second quarter, a 6.8% jump over the Q2 2023 headcount of 59,160 and up 2.5% compared to Q1 2024.

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 8.9% to $1.6 billion. The four-quarter CAE moving average increased 16%.
• IC Physical design and verification revenue grew 13.1% to $779.3 million. The four-quarter moving average for the category increased 17.1%.
• Semiconductor intellectual property (SIP) revenue jumped 33.9% to $1.7 billion. The four-quarter SIP moving average rose 21.7%.
• Services revenue rose 30.8% to $179.8 million. The four-quarter services moving average rose 18.4%.

Revenue by Region – Year-Over-Year Change

• The Americas, the largest reporting region by revenue, procured $2 billion of electronic system design products and services in Q2 2024, a 25% increase. The four- quarter moving average for the Americas rose 18.3%.
• Europe, Middle East and Africa (EMEA) procured $584.6 million of electronic system design products and services in Q2 2024, a 14.8% increase. The four-quarter moving average for EMEA grew 16.3%.
• Japan’s procurement of electronic system design products and services grew 26.4% to $305.4 million. The four-quarter moving average for Japan increased 16.5%.
• Asia Pacific (APAC) procured $1.8 billion of electronic system design products and services in Q2 2024, an 11.2% increase. The four-quarter moving average for APAC grew 18.5%.