MILPITAS, CA — Electronic System Design (ESD) industry revenue increased 8.9% from $3.46 billion in Q3 2021 to $3.76 billion in Q3 2022, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report. 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 in Q3 2022, an 8.2% increase over the Q3 2021 headcount of 51,182 and up 1.8% compared to Q2 2022. The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.

Revenue by Product and Application Category – Year-Over-Year Change

• Computer-Aided Engineering (CAE) revenue increased 16.7% to $1.231 billion. The four-quarter CAE moving average increased 14.8%.
• IC Physical Design and Verification revenue increased 12.2% to $687.4 million. The four-quarter moving average for the category increased 3.4%.
• Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue increased 15.6% to $344.7 million. The four-quarter moving average for PCB and MCM rose 13.2%.
• Semiconductor Intellectual Property (SIP) revenue decreased 1.0% to $1.36 billion. 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%.

Revenue by Region – Year-Over-Year Change

• The Americas, the largest reporting region by revenue, procured $1.62 billion of electronic system design products and services in Q3 2022, an 8.5% increase. The four- quarter moving average for the Americas rose 16.8%.
• Europe, Middle East, and Africa (EMEA) procured $451 million of electronic system design products and services in Q3 2022, a 0.2% increase. The four-quarter moving average for EMEA grew 3.8%.
• Japan’s procurement of electronic system design products and services decreased 8.5% to $237.8 million. The four-quarter moving average for Japan declined 0.8%.
• Asia Pacific (APAC) procured $1.46 billion of electronic system design products and services in Q3 2022, a 16.3% increase. The four-quarter moving average for APAC increased 16.2%.