20 Oct 2021 -
 General

Electronic system design industry saw double-digit year-over-year growth in Q2 2021

The electronic system design (ESD) industry revenue increased by 14.6% year-on-year, from $2,783.9 million to $3,191.4 million in Q2 2021, ESD Alliance’s latest Electronic Design Market Data (EDMD) report.

The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 15.5%, the highest annual growth since 2011.   

“The industry reported double-digit year-over-year revenue growth for Q2 2021,” said Walden C. Rhines, Executive Sponsor, SEMI Electronic Design Market Data report. “Product categories Computer Aided Engineering (CAE), Printed Circuit Board and Multi-Chip Module (PCB and MCM), Semiconductor IP (SIP), and Services all reported double-digit growth.”

“Geographically, all regions reported growth on a rolling four-quarter basis, with the Americas; Asia Pacific (APAC); and Europe, Middle East, and Africa (EMEA) showing a substantial year-over-year increase,” Rhines added.

The companies tracked in the EDMD report employed 49,964 people globally in Q2 2021, a 7.3% increase over the Q2 2020 headcount of 46,579 and up 1.9% compared to Q1 2021.

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