ESD industry reports 15.4% revenue growth overall

Revenue increased 15.4% in Q4/2020 to USD 3,031.5 million, compared to USD 2,626.3 million in Q4/2019, representing only the fourth time since 2011 that year-over-year growth exceeded 15%. The four-quarter moving average, which compares the most recent four quarters to the prior four quarters, rose by 11.6%, the highest annual growth since 2011 and the second highest in the last 14 years. “The industry reported a substantial double-digit year-over-year revenue increase for Q4/2020. Overall industry revenue surpassed USD 3 billion for Q4, with increases in all geographic regions. The Computer Aided Engineering (CAE), IC Physical Design and Verification, Semiconductor IP (SIP), and Services categories also reported fourth-quarter growth”, said Walden C. Rhines, Executive Sponsor, SEMI Electronic Design Market Data report. The companies tracked in the EDMD report employed 48,478 people in Q4/2020, a 6.7% increase over the Q4/2019 headcount of 45,416 and up 3% compared to Q3/2020. Revenue by Product& Application category in Q4/2020 CAE revenue increased 9.4% to USD 956.9 million compared to Q4/2019. The four-quarter CAE moving average also increased 9.4%. IC Physical Design and Verification revenue increased 36.6% to USD 637.1 million compared to Q4/2019. The four-quarter moving average for the category rose 12.3%. Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue decreased 0.8% to USD 292.9 million compared to Q4/2019. The four-quarter moving average for PCB and MCM increased 4.3%. SIP revenue increased 16.9% to USD 1,052.9 million compared to Q4/2019. The four-quarter SIP moving average grew 17.1%. Services revenue increased 2.2% to USD 91.6 million compared to Q4/2019. The four-quarter Services moving average decreased 2.4%. Revenue by Region in Q4/2020 The Americas, the largest reporting region by revenue, purchased USD 1,304 million of Electronic System Design products and services in Q4/2020, a 15.8% increase compared to Q4/2019. The four-quarter moving average for the Americas increased 9.9%. Europe, the Middle East, and Africa (EMEA) revenue increased 2.7%, to USD 457.2 million compared to Q4/2019. The four-quarter moving average for EMEA grew 6.3%. Japan revenue increased 8% to USD 228.2 million compared to Q4/2019. The four-quarter moving average for Japan rose 8.2%. Asia Pacific (APAC) revenue increased 23.4% to USD 1,042 million compared to Q4/2019. The four-quarter moving average for APAC increased 17.1%.