SAN JOSE, CA - The EDA Consortium Market Statistics Service (MSS) announced that the electronic design automation (EDA) industry revenue for Q4 2007 grew 6.7% to $1,6 billion, versus $1,5 billion in Q4 2006.
The average growth rate over the last four quarters, as compared to the prior year, was 9.1%.
“The reported worldwide EDA industry showed continued growth in Q4 2007, with double digit growth in Japan and the rest of [the] world,” said Robert Gardner of the EDA Consortium. “Overall industry revenue increased relative to both Q4 2006 and the four quarter moving average. EDA employment has seen steady growth over the course of 2007.”
Companies that were tracked employed 27,563 professionals in Q4 2007, up 7.7% from the 25,586 employed in Q4 2006.