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.
A closer look into Q3 2024 revenue by product and application categories reveals:
- Computer-Aided Engineering (CAE) revenue jumped 16% to $1,922.2 million in Q3 2024 with the four-quarter CAE moving average increasing 14.5%.
- Integrated Circuit (IC) Physical Design and Verification revenue decreased 5.5% to $854.4 million as the four-quarter moving average for the category expanded by 4.3%.
- Printed Circuit Board (PCB) and Multi-Chip Module (MCM) revenue rose 5.8% to $450.8 million. The four-quarter moving average for PCB and MCM rose 9.1%.
- Semiconductor Intellectual Property (SIP) revenue increased 7% to $1,686.2 million and the four-quarter SIP moving average climbed 17.5%.
- Services revenue rose 45.2% to $200.8 million as the four-quarter Services moving average soared by 30.8%.
Digging into Q3 2024 revenue by region unwraps:
- The Americas, the largest reporting region by revenue, procured $2,325.4 million of electronic system design products and services, a 17.2% increase. The four-quarter moving average for the Americas rose 17%.
- Europe, Middle East, and Africa (EMEA) landed $645.6 million of electronic system design products and services, a 17.1% increase as the four-quarter moving average for EMEA grew 15.4%.
- Japan’s purchase of electronic system design products and services decreased 3.5% to $298.5 million, though the four-quarter moving average for Japan increased 7.6%.
- Asia Pacific (APAC) attained $1,845 million of electronic system design products and services, a 0.7% decrease while the four-quarter moving average for APAC grew 10.6%.
About the EDMD Report
The ESD Alliance Electronic Design Market Data report, available through SEMI, contains detailed revenue information within 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.
Reminder: “Savage on Security” Webinar January 23
A reminder that the ESD Alliance presents “Security Constructs for Heterogenous Integration,” the first in a six-part “Savage on Security” webinar series Thursday, January 23, from 10am until 11am PST.
Warren Savage, Researcher at the University of Maryland in the Applied Research Laboratory for Intelligence and Security, will moderate the discussion focused on new security that comes from heterogeneous integration. His guest will be Ankur Srivastava, Director of the Institute for Systems Research at the University of Maryland.
Join us as we start the series that will be held throughout 2025. Warren pledges to bring great minds to this series to raise the general awareness of security in the semiconductor industry.
Registration is $49 for ESD Alliance members and $99 for non-members. Students are free. Member pricing is offered for individuals at companies that are active SEMI members. Registration and details about the webinar are found on the ESD Alliance website. The webinar will be recorded and registrants will receive a link to the recording
About the ESD Alliance
The ESD Alliance, a SEMI Technology Community, offers initiatives and activities that bring value to our entire industry including:
- 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.
Contact me at pcohen@semi.org or Bob Smith at bsmith@semi.org for more details.
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