MILPITAS, CA — Sales of software for printed circuit board and multichip module design rose 19.8% year-over-year to $240.5 million in the September quarter, the Electronic System Design Alliance said today.
The Americas led the way, with sales of $83.3 million, followed by Asia-Pacific at $59.2 million, Europe/Middle East at $53.7 million, and Japan at $44.3 million.
The four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased 10.3%.
Overall electronic design automation industry revenue increased 8.9% during the period to $2.57 billion. The four-quarters moving average increased 6.8%. “The EDA industry reported increased revenue in the third qurater compared to 2018, including double digit growth in the CAE, PCB/MCM, and IC Physical Design & Verification categories,” said Walden C. Rhines, CEO emeritus, Mentor. “Regionally, the Americas also reported double-digit growth in the quarter.” (Listen to Rhines discuss the results on the PCB Chat podcast here.)
Hiring continued apace, the ESD Alliance said. Companies that were tracked increasing staffing by 6.6% year-over-year and 1.4% sequentially to 44,950 professionals.
By product category, computer-aided engineering generated revenue of $838.3 million, up 10.8%. The four-quarters moving average for CAE increased 7%. IC physical design and verification revenue rose 17.2% $557.6 million, while the four-quarters moving average increased 6.9%.
Semiconductor intellectual property revenue ticked up 3.7% to $835.9 million, with the four-quarters moving average rising 7.9%.
Services revenue fell 19.9% to $95.4 million. The four-quarters moving average decreased 9.9%.
The Americas, EDA’s largest region, purchased $1.17 billion worth of EDA products and services in the third quarter, up 10.4%. The four-quarters moving average for the Americas increased 1%. EMEA sales ticked up 0.1% to $351.1 million, and the four-quarters moving average decreased 2.3%.
Third quarter 2019 revenue from Japan fell 9.4% to $219.3 million, while the four-quarters moving average declined 5.7%. APAC revenue rose 5.7% to $827.5 million. The four-quarters moving average increased 13.5%.