Latin America Electronic Design Automation Software Market Size & Outlook
The electronic design automation software market in Latin America is expected to reach a projected revenue of US$ 626.5 million by 2030. A compound annual growth rate of 6.8% is expected of Latin America electronic design automation software market from 2024 to 2030.
Revenue, 2023 (US$M)
$394.1
Forecast, 2030 (US$M)
$626.5
CAGR, 2024 - 2030
6.8%
Report Coverage
Latin America
Latin America electronic design automation software market, 2018-2030 (US$M)
Related Markets
Latin America electronic design automation software market highlights
- The Latin America electronic design automation software market generated a revenue of USD 394.1 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, microprocessors & controllers was the largest revenue generating end use in 2023.
- Microprocessors & Controllers is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 394.1 million |
| Market revenue in 2030 | USD 626.5 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Microprocessors & controllers |
| Fastest growing segment | Microprocessors & Controllers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microprocessors & Controllers, Memory Management Unit (MMU) |
| Key market players worldwide | Advanced Micro Devices Inc, Altair Engineering Inc Class A, Altium Ltd, Autodesk Inc, Ansys Inc, Cadence Design Systems Inc, Arrow Electronics Inc, Keysight Technologies Inc, Microchip Technology Inc, Synopsys Inc, Silvaco Group Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.3% of the global electronic design automation software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,051.7 million by 2030.
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Electronic Design Automation Software Market Scope
Electronic design automation software market segmentation & scope
Electronic Design Automation Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America electronic design automation software market size, by country, 2018-2030 (US$M)
Latin America Electronic Design Automation Software Market Outlook Share, 2023 & 2030 (US$M)
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