ESD industry revenue increased by 14.4% year-on-year to $3.468 billion in Q4 2021, according to the ESD Alliance.
Electronic system design (ESD) industry revenue increased by 14.4% from $3.03 billion in the fourth quarter of 2020 (Q4 2020) to $3.468 billion in Q4 2021, according to the ESD Alliance’s Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose by 15.8%. The ESD Alliance is a SEMI Technology Community.
The companies tracked in the EDMD report employed 51,236 people globally in Q4 2021, a 5.7% increase over the Q4 2020 headcount of 48,478 and up 0.1% compared to Q3 2021.
“The industry continued to report double-digit year-over-year revenue growth for Q4 2021 and ended 2021 with $13.2 billion total market revenue,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “Product categories Computer-Aided Engineering, Printed Circuit Board and Multi-Chip Module, Semiconductor Intellectual Property, and Services recorded double-digit growth for the quarter. Geographically, the Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific (APAC) all reported revenue growth.”
The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category – Year-Over-Year Change
IC physical design and verification revenue decreased 2% to $624.5 million. The four-quarter moving average for the category rose 7%.
Printed circuit board and multi-chip module (PCB and MCM) revenue increased 13.9% to $333.7 million. The four-quarter moving average for PCB and MCM rose 15.1%.
Semiconductor intellectual property (SIP) revenue jumped 24.8% to $1,314.3 million. The four-quarter SIP moving average grew 23.9%.
Services revenue increased 43.1% to $131.1 million. The four-quarter Services moving average increased 19%.
Revenue by Region – Year-Over-Year Change
Europe, Middle East, and Africa (EMEA) procured $482.5 million of electronic system design products and services in Q4 2021, a 5.5% increase. The four-quarter moving average for EMEA grew 12.6%.
Japan’s procurement of electronic system design products and services decreased 2.4% to $222.8 million. The four-quarter moving average for Japan rose 1%.
Asia Pacific (APAC) procured $1,185.6 million of electronic system design products and services in Q4 2021, a 13.8% increase. The four-quarter moving average for APAC increased 18.9%.