![]() The cloud-based design and verification are expected to provide excellent outcomes in high-speed operational processes, reduce costs associated with the manufacturing of semiconductor chips, and allow companies to reduce time to market and speed up innovation while maintaining or lowering operating costs. ![]() ![]() The cloud-based is expected to grow at a higher CAGR during the forecast period. The market for the cloud-based segment is expected to grow at a higher CAGR during the forecast period. To cater to the demand and achieve set goals, companies require electronic design automation solutions that can offer reliable results and assist them in achieving their aims. The complexity of semiconductor verification and manufacturing requirements is constantly rising, making it increasingly difficult for IC design companies to provide cutting-edge, competitive products on a timely basis to a fast-moving market. The market for the IC physical design & verification segment is expected to grow at the highest CAGR during the forecast period.
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