Electronic System Design logs $4B in revenue in Q1

MILPITAS — Electronic System Design (ESD) industry revenue increased 12 per cent from $3,527.7 million in the first quarter of 2022 to $3,951.1 million in the first quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced 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 12.7 per cent.

“The electronic design automation (EDA) industry continued to post double-digit gains in Q1 2023, with increases in all product categories and geographic regions,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “Product categories Computer Aided Engineering, IC Physical Design and Verification, Printed Circuit Board and Multi-Chip Module, and Services all reported double digit increases.”

The companies tracked in the EDMD report employed 57,696 people globally in Q1 2023, a 12.9 per cent jump over the Q1 2022 headcount of 51,093 and up 4.5 per cent compared to Q4 2022.

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 rose 15.1 per cent to $1,434.1 million. The four-quarter CAE moving average increased 18.6 per cent.
• IC Physical Design and Verification revenue jumped 24.6% to $675.8 million. The four-quarter moving average for the category increased 14.6%.
• Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue increased 25.6 per cent to $368.4 million. The four-quarter moving average for PCB and MCM rose 15.7 per cent.
• Semiconductor Intellectual Property (SIP) revenue increased 0.4% to $1,330.6 million. The four-quarter SIP moving average grew 5.7 per cent.
• Services revenue increased 17.2 per cent to $142.2 million. The four-quarter Services moving average rose 16.8 per cent.