Electronic system design (ESD) industry revenue increased by over $1 billion in 2020, marking a new milestone for the industry.
Electronic system design (ESD) industry revenue increased by over $1 billion in 2020, marking a new milestone for the industry, according to the ESD Alliance, a SEMI Technology Community. According to its Q4 2020 Electronic Design Market Data report, revenue increased by 15.4% in Q4 2020 to $3.03 billion, compared to $2.6 billion in Q4 2019, representing only the fourth time since 2011 that year-over-year growth exceeded 15%.
The four-quarter moving average, which compares the most recent four quarters to the prior four quarters, rose by 11.6%, the highest annual growth since 2011 and the second highest in the last 14 years.
“The industry reported a substantial double-digit year-over-year revenue increase for Q4 2020,” said Walden C. Rhines, Executive Sponsor, SEMI Electronic Design Market Data report. “Overall industry revenue surpassed $3 billion for Q4, with increases in all geographic regions. The Computer Aided Engineering (CAE), IC Physical Design and Verification, Semiconductor IP (SIP), and Services categories also reported fourth-quarter growth.”
The companies tracked in the EDMD report employed 48,478 people in Q4 2020, a 6.7% increase over the Q4 2019 headcount of 45,416 and up 3% compared to Q3 2020.
The quarterly EDMD report containing detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category in Q4 2020
Revenue by Region in Q4 2020