SAN JOSE, Calif. The EDA Consortium said that the electronic design automation (EDA) industry revenue for the first quarter grew 10 percent to $1.345 billion, versus $1.223 billion in the like period a year ago.
The four-quarter average growth rate, which compares the most recent four quarters to the same four quarters in the prior year, was 15 percent. Companies that were tracked employed 25,820 professionals in Q1 2007, up 11 percent from the 23,324 in Q1 2006.
''The same forces that we previously cited as drivers for EDA's continued growth apply to this quarter's figures,'' said Aart de Geus, chairman of the EDA Consortium and chairman and CEO of Synopsys Inc., in a statement.
''Consumer electronics and the continued move toward deeper sub-micron processes are fueling the need for advanced EDA tools in all segments of the industry."
EDA's largest tool category, computer-aided engineering, generated revenue of $521 million in Q1 2007, 2 percent more than the same period in 2006, according to the group. The four quarter moving average CAE growth rate was 11 percent.
IC physical design and verification revenue increased 14 percent to $357 million in Q1 2007, compared to the same quarter in 2006. The four quarter moving average growth rate was 16 percent in the arena.
Semiconductor intellectual property (SIP) revenue totaled $245 million in Q1 2007, a 5 percent increase over Q1 2006. The four quarter moving average growth rate for SIP was 18 percent.
Services revenue was $89 million in Q1 2007, up 11 percent from Q1 2006. The four quarter moving average growth rate was 11 percent.
Printed circuit board and multi-chip module revenue jumped 59 percent in Q1 2007 to $133 million. The four quarter moving average growth rate was also high at 30 percent.
On a regional basis, North America, EDA's largest region, purchased $619 million of EDA products and services in Q1 2007, an 8 percent increase over Q1 2006. The four quarter moving average growth rate was 19 percent for North America.
Western Europe revenue was up 6 percent in Q1 2007 with revenues of $232 million. The four quarter moving average growth for Western Europe was 11 percent.
2007 Q1 revenue from Japan grew 8 percent over Q1 2006 to $314 million. Japan had a four quarter moving average growth rate of 4 percent.
Rest-of-world (ROW) continued to extend previous years of revenue growth by increasing 31 percent to $181 million in Q1 2007. The four quarter moving average growth was also strong at 25 percent.