ELMHURST, IL – The global PCB design software market is forecast to grow at a CAGR of 5.3% from 2011 to 2015, says TechNavio.

A key factor contributing to this market growth is the need to reduce the time to market, says the firm.

The market is also seeing an increase in availability of cloud-based printed circuit board design software, which could provide a challenge for growth, according to TechNavio.

TechNavio's new report, the Global PCB Design Software Market, covers the Americas, the EMEA, and the APAC regions. It focuses on market landscape and growth prospects in the coming years.

The report also mentions vendors in this arena, including Mentor Graphics, Zuken, Cadence Design Systems, Ansys, Synopsys, Altium, and Forte Design Systems.

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