Design revenues grew 17.1% in 2021 Leave a comment

The companies tracked in the EDMD report employed 51,182 people globally in Q3 2021, an 8.7% increase over the Q3 2020 headcount of 47,087 and up 2.4% compared to Q2 2021.“m

“The industry reported double-digit year-over-year revenue growth for Q3 2021,” says Wally Rhines, Executive Sponsor of the  report, “geographically, all regions reported double-digit growth, with product categories CAE, Printed Circuit Board and Multi-Chip Module, SIP, and Services also showing double-digit growth.”

CAE revenue increased 13.7% to $1,054.7 million. The four-quarter CAE moving average increased 11.8%.

IC Physical Design and Verification revenue increased 0.7% to $612.6 million. The four-quarter moving average for the category rose 16%.

Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue increased 14.5% to $298.3 million. The four-quarter moving average for PCB and MCM increased 10.9%.

SIP revenue rose 30.6% to $1,373.3 million. The four-quarter SIP moving average grew 22.1%.

Services revenue increased 12.5% to $119.1 million. The four-quarter Services moving average increased 9.2%.

The Americas was the largest reporting region by revenue, purchased $1,494.5 million of electronic system design products and services in Q3 2021, a 14.3% increase; EMEA revenue increased 22.6% to $451.7 million; Japan revenue increased 11.8% to $259.8 million.m; Asia Pacific (APAC) revenue increased 19.7% to $1,252.1 million.