EDA Tools Market 2028 is Anticipated to Register Robust Growth
Growing need for compact electronic devices and the expanding use of SoC technology across various industries, including automotive, IoT, and AI are a major factor attributable to the growth of the market. According to TechSci Research report, “ Global EDA Tools Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028” . The Global EDA Tools is anticipated to project robust growth in the forecast period with a CAGR of 8.24% through 2028, The main factors propelling the market's expansion are the growing need for compact electronic devices and the expanding use of SoC technology across various industries, including automotive, IoT, and AI. The silicon sector has evolved in recent years because of electronic design automation (EDA) techniques. EDA is responsible for creating the design tools necessary for the IC design process at a cost that enables the ecosystem to run profitably. Some of the benefits of using EDA tools include reducing the...