Electronic System Design (ESD) industry revenue grew yet again, according to the latest Electronic Design Market Data (EDMD) report from the ESD Alliance, a SEMI Technology Community. ESD revenue increased 11.3% to $3,858.7 million in the fourth quarter of 2022, up from $3,468.2 million in the fourth quarter of 2021. The four-quarter moving average was 12.6%, a percentage based on comparisons for the most recent four quarters to the prior four.

The good news continues as all geographic regions recorded growth in the quarter with Asia Pacific (APAC)reporting a double-digit increase. APAC secured $1,397.5 million of ESD products and services in Q4 2022, a 17.9% increase growing the four-quarter moving average to 17.1%.
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