Top line numbers up 6.8% for Q3; double-digit growth again for Asia-Pacific region.
The EDA and IP market showed continued growth again in Q3 of 2013, according to just-released statistics from the EDA Consortium. Total revenue was $1.729 billion, up 6.8% from the $1.619 billion reported in the same period in 2012.
Wally Rhines, board sponsor for EDAC’s Market Statistics Service and chairman and CEO of Mentor Graphics, said the numbers showed stability and growth, but no real surprises.
The largest growth was in services and physical design. Computer Aided Engineering, by far the largest single category, grew 1.7% year over year, but the four-quarter moving average—a more comprehensive view of the market—showed an increase of 3.2%. IC physical design and verification was up 11.1% year over year, but only 3% on the four-quarter moving average.
Rhines said the EDA market continues to show consistent growth, which is reflected in a 3.8% increase in employment.
On a global basis, Asia outpaced the rest of the market with 14.4% growth for a total of $449.3 million. The Americas grew 7.7% to $770.7 million. Europe, the Middle East and Africa rebounded 6.7%, as well. The only market that showed a decline, in fact, was Japan, which decreased 8.2%.
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