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The global computer aided engineering market has reached a size of US$ 9.9 billion in 2023 and is forecasted to exhibit expansion at a high-value 8.6% CAGR over the next ten years. Worldwide demand for computer aided engineering is forecasted to reach a market value of US$ 22.7 billion by 2033-end.
Electronic System Design (ESD) industry revenue increased 14% to USD 4,423 million in the fourth quarter of 2023 from the USD 3,879.9 million logged in the third quarter of 2023, the ESD Alliance.
Electronic System Design (ESD) industry revenue increased 25.2% to USD 4,702.4 million in the third quarter of 2023 from the USD 3,756.3 million logged in the third quarter of 2022, the ESD Alliance reports.
The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 13.8%.
Dublin, Jan. 03, 2024 (GLOBE NEWSWIRE) -- The