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Archive for July 16th, 2024

Strong Q1 2024 Revenue Growth from Electronic System Design, Reports EDMD

Tuesday, July 16th, 2024

Strong Q1 2024 Revenue Growth from Electronic System Design, Reports EDMD

Hats off once again to our Electronic System Design (ESD) industry for another quarter of -solid revenue growth.

The latest Electronic Design Market Data (EDMD) report reveals revenue increased 14.4% to $4,521.6 million in Q1 2024 from $3,951.1 million registered in Q1 2023. The four-quarter moving average rose 14.8% when matched to the most recent four quarters to the prior four.

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