The Electronic System Design (ESD) industry has plenty to cheer about as we step into the New Year, according to the latest Electronic Design Market Data (EDMD) report from the ESD Alliance, a SEMI Technology Community.
Industry revenue increased 8.8% to $5,114.5 million in Q3 2024 2024 from $4,702.4 million registered in Q3 2023, while the four-quarter moving average, comparing the most recent four quarters to the prior four, rose 13.7%.
Companies tracked in the EDMD report employed 62,417 people globally in Q3 2024, a 4.5% increase over Q3 2023 headcount of 59,737––down 1.2% compared to Q2 2024.
