We did it again! The electronic system design (ESD) ecosystem reported a revenue increase of 14.6% year-over-year from $2,783.9 million to $3,191.4 million in Q2 2021. Our latest Electronic Design Market Data (EDMD) report comparing the most recent four quarters to the prior four also found that the four-quarter moving average rose 15.5%, the highest annual growth since 2011.
According to Wally Rhines, executive sponsor of the SEMI EDMD report, double-digit growth was reported in Computer Aided Engineering (CAE), Printed Circuit Board and Multi-Chip Module (PCB and MCM), Semiconductor IP (SIP) and Services. In addition, all geographic regions reported growth on a rolling four-quarter basis, with the Americas; Asia Pacific (APAC); and Europe, Middle East, and Africa (EMEA) showing a substantial year-over-year increase.
It also tracks total employment at participating companies. In the latest report, companies employed 49,964 people globally in Q2 2021, a 7.3% increase over the Q2 2020 headcount of 46,579 and up 1.9% compared to Q1 2021.