SAN JOSE, USA: The EDA Consortium Market Statistics Service (MSS) announced that the electronic design automation (EDA) industry revenue for Q3 2007 grew 7.2 percent to $1,412.1 million, versus $1,317.2 million in Q3 2006. The four-quarter average growth rate, which compares the most recent four quarters to the same four quarters in the prior year, was 12.3 percent.

"Compared to the same quarter last year, the worldwide EDA and IP industry showed continued growth in Q3 2007, with particular strength in Western Europe, Japan and the Rest-of-World," said Robert Gardner, executive director, EDA Consortium. "Overall revenue increased, as did employment in EDA."

Companies that were tracked employed 27,254 professionals in Q3 2007, up 8.1 percent from the 25,214 employed in Q3 2006.

"The industry shows solid growth again this quarter, especially in Computer Aided Engineering (CAE). Although positively impacted by broader participation in terms of reporting companies, the four-quarter moving average reveals double-digit growth in the top product segments," said Aart de Geus, chairman of the EDA Consortium and chairman and CEO of Synopsys Inc.

Revenue by product category
EDA's largest category, Computer Aided Engineering (CAE), generated revenue of $564.6 million in Q3 2007, representing a 13.4 percent increase over the same period in 2006. The four quarter moving average CAE growth rate was 12.3 percent.

For IC Physical Design & Verification, the next largest category, revenue increased to $372.8 million in Q3 2007, a 5.4 percent increase compared to Q3 2006. The four quarter moving average growth rate was 11.4 percent for IC Physical Design & Verification.

Semiconductor Intellectual Property (SIP) revenue totaled $263.2 million in Q3 2007, a 3.5 percent increase over Q3 2006. The four quarter moving average growth rate for SIP was 13.2 percent.

Services revenue was $83.8 million in Q3 2007, up 11.9 percent from Q3 2006. The four quarter moving average growth rate was 11.6 percent for services.

PCB and multi-chip module (PCB & MCM) revenue decreased 6.4 percent over Q3 2006 to $127.7 million. However, the four quarter moving average growth rate for PCB & MCM was 13.3 percent.

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