EDA Consortium Reports Revenue Increase for Q1 2011

SAN JOSE, Calif., Jul 18, 2011 -- The EDA Consortium (EDAC) Market Statistics Service (MSS) today announced that the Electronic Design Automation (EDA) industry revenue increased 16 percent for Q1 2011 to $1446.4 million, compared to $1247.0 million in Q1 2010. Sequential EDA revenue for Q1 2011 decreased 4.1 percent compared to Q4 2010, while the four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased by 14.2 percent.

"First quarter 2011 results represent a significant increase in all product categories compared to Q1 2010, with CAE, PCB & MCM, IC Physical Design & Verification, and SIP all showing double digit increases," said Wally Rhines, EDAC chair and chairman and CEO of Mentor Graphics. "Geographically, all regions realized increased revenue in Q1 2011 compared to Q1 2010, with the Americas, Japan, and Asia/Pacific regions posting double digit increases."

Companies that were tracked employed 26,457 professionals in Q1 2011, a decrease of 1.2 percent compared to the 26,767 people employed in Q4 2010, but up 1.4 percent compared to Q1 2010.

The complete MSS report, containing detailed revenue information broken out by both categories and geographic regions, is available via subscription from the EDA Consortium.

Revenue by Product Category

The largest category, Computer Aided Engineering (CAE), generated revenue of 530.6 million in Q1 2011. This represents a 15.7 percent increase over Q1 2010. The four-quarters moving average for CAE increased 12.9 percent.

IC Physical Design & Verification revenue increased to $318.5 million in Q1 2011, a 16.1 percent increase compared to Q1 2010. The four-quarters moving average increased 7.6 percent.

Printed Circuit Board and Multi-Chip Module (PCB & MCM) revenue of $140.4 million represents an increase of 28.3 percent compared to Q1 2010. The four-quarters moving average for PCB & MCM increased 14.9 percent.

Semiconductor Intellectual Property (SIP) revenue totaled $371.4 million in Q1 2011, a 15.7 percent increase compared to Q1 2010. The four-quarters moving average increased 27.9 percent.

Services revenue was $85.6 million in Q1 2011, an increase of 2.2 percent compared to Q1 2010. The four-quarters moving average decreased 2.1 percent.

Revenue by Region

The Americas, EDA's largest region, purchased $602.4 million of EDA products and services in Q1 2011, an increase of 22.2 percent compared to Q1 2010. The four-quarters moving average for the Americas increased 12.8 percent.

Revenue in Europe, the Middle East, and Africa (EMEA) was up 7.8 percent in Q1 2011 compared to Q1 2010 on revenues of $241.8 million. The EMEA four-quarters moving average increased 7.9 percent.

First quarter 2011 revenue from Japan increased 17.7 percent to $295.3 million compared to Q1 2010. The four-quarters moving average for Japan increased 6.9 percent.

The Asia/Pacific (APAC) region revenue increased to $307.0 million in Q1 2011, a 10 percent increase compared to the same quarter in 2010. The four-quarters moving average increased 31.7 percent.

About the MSS Report

The EDA Consortium Market Statistics Service reports EDA industry revenue data quarterly and is available by annual subscription. Both public and private companies contribute data to the report. Each quarterly report is published approximately three months after quarter close. MSS report data is segmented as follows: revenue type (product licenses and maintenance, services, and SIP), application (CAE, PCB/MCM Layout, and IC Physical Design and Verification), and region (the Americas, Europe Middle East and Africa, Japan, and Asia Pacific), with many subcategories of detail provided. The report also tracks total employment of the reporting companies.

About the EDA Consortium

The EDA Consortium is the international association of companies that provide design tools and services that enable engineers to create the world's electronic products used for communications, computer, space technology, medical, automotive, industrial equipment, and consumer electronics markets among others. For more information about the EDA Consortium, visit www.edac.org , or to subscribe to the Market Statistics Service, call 408-287-3322 or email mss11@edac.org.