MILPITAS, CA – Printed circuit board and multichip module design software revenue increased 6.3% in the second quarter to total $369 million, according to the ESD Alliance's latest Electronic Design Market Data (EDMD) report. The four-quarter moving average for PCB and MCM, which compares the most recent four quarters to the prior four, rose 11.7%.

As a whole, ESD industry revenue increased 5.3% to $3.96 billion in the second quarter from $3.76 billion in the second quarter of 2022. The four-quarter moving average rose 9.5%.

"Growth in total electronic design automation (EDA) revenue in Q2 23 was limited by weak semiconductor IP revenue," said Walden C. Rhines, executive sponsor of the SEMI Electronic Design Market Data report. "However, total license and maintenance revenue, which includes all design tools, was strong at 16.1% overall with double-digit growth in all regions except Japan."

The companies tracked in the EDMD report employed 59,160 people globally in the second quarter, an 11.8% jump over the headcount of 52,918 in the second quarter of 2022 and up 2.5% compared to the first quarter of 2023.

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 jumped 19.7% to $1.51 billion. The four-quarter CAE moving average increased 17.6%.
• IC Physical Design and Verification revenue rose 14.2% to $689 million. The four-quarter moving average for the category increased 17.2%.
• Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue increased 6.3% to $369 million. The four-quarter moving average for PCB and MCM rose 11.7%.
• Semiconductor Intellectual Property (SIP) revenue decreased 11.6% to $1.26 billion. The four-quarter SIP moving average fell 1.6%.
• Services revenue increased 5.2% to $137.5 million. The four-quarter Services moving average rose 12.3%.

Revenue by Region – Year-Over-Year Change

• The Americas, the largest reporting region by revenue, procured $1.63 billion of electronic system design products and services in Q2 2023, an 0.6% decline. The four-quarter moving average for the Americas rose 7.5%.
• Europe, Middle East, and Africa (EMEA) procured $509.4 million of electronic system design products and services in Q2 2023, a 7.8% increase. The four-quarter moving average for EMEA grew 8.2%.
• Japan’s procurement of electronic system design products and services decreased 4.3% to $241.6 million. The four-quarter moving average for Japan fell 0.3%.
• Asia Pacific (APAC) procured $1.58 billion of electronic system design products and services in Q2 2023, a 13.1% increase. The four-quarter moving average for APAC grew 14.4%.