EDA industry revenues grew 11.4 percent in the second quarter to more than $1.4 billion, the EDA Consortium (EDAC) reported on Wednesday (Oct. 31).
EDAC said the industry's four-quarter moving average growth rate, which compares the most recent four quarters with the same period a year ago, stands at 14.6 percent. Revenues for the same quarter a year ago were just over $1.26 billion.
Computer-aided engineering generated the bulk if the industry's quarterly revenues, totaling $538.9 million in the second quarter, up 12.8 percent over the same period in 2006.
Other industry categories and revenues were: IC physical design and verification ($397.2 million, up 15.8 percent) and semiconductor IP ($269.2 million, up 7.1 percent).
While quarterly EDA revenues again grew in North America (13.2 percent) and western Europe (7.9 percent), year-on-year EDA revenues from Japan declined 8.5 percent.
"The EDA industry continues to see steady growth, maintaining the momentum that began this time last year," Aart de Geus, EDAC chairman and CEO of Synopsys Inc.