In the middle of the pandemic, I’m pleased to share good news about the electronic system design ecosystem! Revenue for our part of the semiconductor industry increased 15% in Q3 2020 to $2,953.9 million, compared to $2,567.7 million in Q3 2019.
All categories, both product and regional, logged significant gains, according to the ESD Alliance Market Statistics Service (MSS), the quintessential report on EDA, IP and services industry revenue data available quarterly to member companies.
Revenue for the electronic system design ecosystem increased 15% in Q3 2020 to $2,953.9 million, compared to $2,567.7 million in Q3 2019.
Computer Aided Engineering (CAE), semiconductor IP and services categories and, regionally, the Americas, Europe, Middle East and Africa and Asia Pacific reported double-digit growth. The semiconductor IP category and the Asia Pacific region both surpassed $1 billion in quarterly revenue. Public and private companies contribute to data and employed 47,087 people in Q3 2020, a 4.8% increase over the Q3 2019 headcount of 44,950 and up 1.1% compared to Q2 2020.
