MILPITAS, CA — Sales of design software for printed circuit boards and multichip modules increased 15.6% in the third quarter to $344.7 million, the ESD Alliance announced today in its latest Electronic Design Market Data (EDMD) report.

The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 13.2%.

Overall electronic system design (ESD) revenue increased 8.9% to $3.77 billion in the period ending September 30, and the four-quarter moving average rose 13.4%.

“The electronic design automation (EDA) industry posted overall gains in Q3 2022, with double-digit increases in all product categories except Semiconductor IP,” said Walden C. Rhines, executive sponsor of the SEMI Electronic Design Market Data report. “All geographic regions except Japan recorded growth in the quarter, with Asia Pacific reporting a double-digit increase.”

The companies tracked in the EDMD report employed 55,369 people globally for the period, an 8.2% increase year-over-year and up 1.8% compared to the second quarter 2022.

Computer-aided engineering (CAE) revenue increased 16.7% to $1,23 billion. The four-quarter moving average increased 14.8%.

IC physical design and verification revenue increased 12.2% to $687.4 million. The four-quarter moving average increased 3.4%.

Semiconductor intellectual property (SIP) revenue decreased 1.0% to $1,360.2 million. The four-quarter SIP moving average grew 16.5%. Services revenue increased 20.8% to $144 million. The four-quarter Services moving average increased 26.8%.

By region, the Americas, the largest reporting region by revenue, procured $1.62 billion of electronic system design products and services, an 8.5% increase. The four-quarter moving average rose 16.8%.

Europe, Middle East, and Africa (EMEA) procured $451 million of electronic system design products and services, a 0.2% increase. The four-quarter moving average grew 3.8%.

Japan’s procurement of EDA products and services decreased 8.5% to $237.8 million. The four-quarter moving average declined 0.8%.

Asia Pacific (APAC) procured $1.46 billion of electronic system design products and services, up 16.3%. The four-quarter moving average for APAC increased 16.2%.

The ESD Alliance Electronic Design