Electronic System Design Industry Posts $4.7 Billion in Revenue in Q2 2024

The Electronic System Design (ESD) industry posted another strong quarter with substantial revenue growth in Q2 2024, according to the latest Electronic Design Market Data (EDMD) report from the ESD Alliance, a SEMI Technology Community.

Revenue increased 18.2% to $4,685.5 million in the second quarter from $3,962.7 million registered in 2023’s second quarter. The four-quarter moving average comparing the most recent four quarters to the prior four rose 18%.

All product categories reported increases with IC Physical Design and Verification, Semiconductor IP, and Services posting double-digit growth. All geographic regions reported double-digit growth as well.

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

The quarterly EDMD report details revenue by product and application category. Computer-Aided Engineering (CAE) revenue increased 8.9% to $1,646.4 million in Q2 2024. The four-quarter CAE moving average grew 16%. IC Physical Design and Verification revenue grew 13.1% to $779.3 million. The four-quarter moving average for the category rose 17.1%. Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue increased by 8.2% to $399.2 million. The four-quarter moving average for PCB and MCM climbed 13.6%. Semiconductor Intellectual Property (SIP) revenue jumped 33.9% to $1,680.7 million. The four-quarter SIP moving average multiplied by 21.7%. Services revenue surged by 30.8% to $179.8 million. The four-quarter Services moving average rose 18.4%.

As for revenue by region, the Americas, the largest reporting region by revenue, procured $2,034.9 million 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) acquired $584.6 million of electronic system design products and services, a 14.8% increase. The four-quarter moving average for EMEA grew 16.3%. Japan’s purchase 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) secured $1760.6 million of electronic system design products and services, an 11.2% increase. The four-quarter moving average for APAC grew 18.5%.

About the EDMD Report

The ESD Alliance Electronic Design Market Data report, available through SEMI, presents EDA, SIP and Services industry revenue data collected quarterly from public and private companies. Each quarterly report is published approximately three months after quarter close.

For information about SEMI market research reports, visit the SEMI Market Research Reports and Databases Catalog.

The Phil Kaufman Award Ceremony and Banquet

Dr. Jason Cong of UCLA, the 2024 Phil Kaufman Award recipient

The Phil Kaufman Award Ceremony and Banquet celebrating UCLA’s Dr. Jason Cong and his contributions to the industry will be held Wednesday, November 6, from 6:30 until 9 p.m. at Hayes Mansion in San Jose. Pricing is $300 for members and $350 for non-members and available for individuals or companies that are active SEMI or IEEE members. Registration is found on the ESD Alliance website.

Serving as emcee for the evening is Ed Sperling, Editor in Chief of Semiconductor Engineering. The tribute presenters are Dr. David Z. Pan from the University of Texas at Austin and 2017 Phil Kaufman Award Recipient Rob Rutenbar of the University of Pittsburgh. The co-hosts and sponsors of the annual Phil Kaufman Award for distinguished contributions to Electronic System Design are the ESD Alliance and IEEE’s Council on Electronic Design Automation (CEDA).

About the ESD Alliance

The Phil Kaufman Award is just one of the many programs the ESD Alliance, a SEMI Technology Community, offers our members. Our initiatives and activities that bring value to our entire industry include:

• Coordinating and amplifying the collective and regional voices of our industry.
• Continually promoting the value our industry delivers to the global semiconductor and electronics industry.
• Addressing and defending threats and reducing risks to our industry.
• Achieving efficiencies for our industry.
• Marketing the attractiveness of the design ecosystem as an ideal industry for pursuing a career.
• Enabling networking, sharing and collaboration across our industry.

Engage with the ESD Alliance

www.esd-alliance.org

ESD Alliance Bridging the Frontier blog

Twitter: @ESDAlliance

LinkedIn

Facebook

This entry was posted on Monday, October 7th, 2024 at 8:37 am. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.