EDA Consortium reports 15% industry revenue growth for 2006.
SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. -- The EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. Consortium's Market Statistics Service (MSS) reported that the EDA industry revenue for Q4 of 2006 was $1,493 million, a 19% increase over Q4 2005. For the full year 2006, revenue totaled a record $5,274 million, which was 15%, more than the $4,575 million recorded in 2005. This increase reflects both the continuing growth of the industry as a whole and the growth of the MSS program, which enjoyed a net increase in the number of participating companies compared to the previous year.
"Steady growth in consumer electronics and migration to deeper sub-micron processes are fueling the demand for solutions across all segments and regions of the EDA industry," said Aart de Geus, chairman of the EDA Consortium and chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Synopsys Inc. "This is reflected in the revenue gains for 2006."
Total EDA and SIP (semiconductor intellectual property) product and maintenance revenue (excluding services) increased 20% over Q4 2005 and posted a record high quarter of $1,416 million revenue in Q4 2006.
Companies tracked in the MSS employed 25,390 professionals in Q4 2006, 10% more than Q4 2005.
"Worldwide revenue is double digit Noun 1. double digit - a two-digit integer; from 10 to 99
integer, whole number - any of the natural numbers (positive or negative) or zero; "an integer is a number that is not a fraction" , fueled by nearly all regions. North American North American
named after North America.
North American blastomycosis
see North American blastomycosis.
North American cattle tick
see boophilusannulatus. EDA revenue is especially strong, fueled both by longstanding EDA categories, and particularly by SIP," said Robert Gardner, executive director, EDA Consortium. "We are optimistic op·ti·mist
1. One who usually expects a favorable outcome.
2. A believer in philosophical optimism.
op that these growth trends will continue."