SAN JOSE, Calif. -- The EDA Consortium Market Statistics Service said that the electronic design automation (EDA) industry revenue for the fourth quarter of 2007 grew 6.7 percent to $1.603 billion, versus $1.502 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 9.1 percent, according to the group.
''The reported worldwide EDA industry showed continued growth in Q4 2007, with double digit growth in Japan and the rest-of-world,'' said Robert Gardner, executive director of EDA Consortium, in a statement.
Companies that were tracked employed 27,563 professionals in Q4 2007, up 7.7 percent from the 25,586 employed in Q4 2006.
EDA's largest category, computer aided engineering (CAE), generated revenue of $663.6 million in Q4 2007, representing a 13.5 percent increase over the same period in 2006. The four quarter moving average CAE growth rate was 12.2 percent.
For IC physical design & verification, the next largest category, revenue increased to $440.5 million in Q4 2007, a 14.3 percent increase compared to Q4 2006. The four quarter moving average growth rate was 12.3 percent for the arena.
Semiconductor intellectual property (SIP) revenue totaled $265.4 million in Q4 2007, a 6.3 percent decrease over Q4 2006. The four quarter moving average growth rate for SIP remained positive at 4.1 percent.
Services revenue was $79.4 million in Q4 2007, up 3.0 percent from Q4 2006. The four quarter moving average growth rate was 9.3 percent for services.
Printed circuit board and multi-chip module (PCB & MCM) revenue decreased 10.4 percent over Q4 2006 to $153.8 million. The four quarter moving average growth rate for PCB & MCM showed a 1.5 percent decrease.
North America, EDA's largest region, purchased $735.9 million of EDA products and services in Q4 2007. Although this represents a 5.6 percent decrease compared to a strong Q4 2006, the four quarter moving average growth rate was up 2.8 percent for North America.
Western Europe revenue was up 9.8 percent in Q4 2007 compared to Q4 2006, with revenues of $316.9 million. The four quarter moving average growth for Western Europe was 9.9 percent.
2007 Q4 revenue from Japan increased 30.4 percent to $316.0 million compared to Q4 2006. The four quarter moving average increase was 10.1 percent for Japan.
Rest-of-World (ROW) continued to extend previous years of revenue growth by increasing to $233.8 million, a 22.1 percent increase compared to the same quarter in 2006. The four quarter moving average growth was also strong at 30.8 percent.
