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Global Electronic Design Automation Market 2017-2021LONDON, March 6, 2017 /PRNewswire/ -- PLM software deals with different functional levels of an organization, design engineering, manufacturing, and product designing, The need to manage a product from the concept stage to the servitization stage has led to the emergence of PLM software and services. The increase in product complexities and product portfolio across organizations has created a demand for solutions in the production process across industries. The implementation of PLM in an organization improves capital efficiency, revenue generation, and cost management. Technavio's analysts forecast the global EDA market to grow at a CAGR of 5.5% during the period 2017-2021. Key vendors - Aldec - Ansys - JEDA Technologies - MunEDA - Zuken Market driver - Use of EDA in aerospace and defense industry for reducing design time - For a full, detailed list, view our report Market challenge - Difficulty in integrating advanced design models - For a full, detailed list, view our report Market trend - Shift from perpetual to subscription licensing model - For a full, detailed list, view our report Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
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