SAN JOSE, CA - According to a report by the EDA Consortium Market Statistics Service (MSS), electronic design automation industry (EDA) Q4 2007 revenue grew 6.7% to $1.6 billion, as compared to $1.5 billion in Q4 2006.

North America, the largest region using EDA technology, purchased $735.9 million of EDA products and services in Q4 2007. While this represents a 5.6% decrease as compared to Q4 of 2006, the average growth rate over four quarters was up 2.8% for North America.

Western Europe revenue was up 9.8% in Q4 2007 with revenues of $316.9 million, showing an average growth rate over the previous four quarters of 9.9%.

2007 Q4 revenue from Japan increased 30.4% to $316 million with a four quarter average increase at 10.1%.

The remainder of countries employing EDA technology continued to expand revenue growth by a combined 22.1% to $233.8 million, with an average increase over the previous four quarters of 30.8%.