Electronic System Design Industry Posts $4 Billion in Revenue in Q2 2023
October 16, 2023 | SEMIEstimated reading time: 1 minute
Electronic System Design (ESD) industry revenue increased 5.3% to $3,962.7 million in the second quarter of 2023 from $3,763.6 million in the second quarter of 2022, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, 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 Q2 2023, an 11.8% jump over the Q2 2022 headcount of 52,918 and up 2.5% compared to Q1 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 $1,512.4 million. 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 $1,255 million. 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 $1,627.9 million 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 $1,583.9 million of electronic system design products and services in Q2 2023, a 13.1% increase. The four-quarter moving average for APAC grew 14.4%.
Suggested Items
HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value
05/06/2024 | TrendForceAvril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.
May Issue of SMT007 Magazine: Coming to Terms With AI
05/06/2024 | I-Connect007 Editorial TeamIn the May 2024 issue of SMT007 Magazine, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Benchmark Reports Q1 2024 Results
05/03/2024 | PRNewswireRevenue decreased quarter over quarter and year over year primarily due to decreases in Medical, Advanced Computing and Next-Generation Communication sales, which were partially offset by an increase in Complex Industrials sales quarter-over-quarter and increases in Semi-Cap and A&D sales year-over-year.
Ansys Announces Q1 Financial Results
05/03/2024 | ANSYSANSYS, Inc. reported first quarter 2024 revenue of $466.6 million, a decrease of 8% in reported and constant currency, when compared to the first quarter of 2023.