NAPERVILLE, IL -- The global printed circuit board design software market will grow 5.3% compounded annually between 2011 and 2015, a new report says.

The initial report, from Infiniti Research, did not indicate how much of the growth would be over the next two years.

Among the key factors contributing to growth is the need to reduce the time to market, the research firm said. The market has also been witnessing the increased availability of cloud-based PCB design software. Open-source PCB design software could pose a challenge to the market players, the firm said.

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