The EDA Consortium's Market Statistics Service (MSS) announced that the electronic design automation (EDA) industry revenue for Q2 of 2006 grew 15% to $1,256 million, versus $1,091 million in Q2 2005, due in part to new company participation. Total product revenues, without services, was up 15% to $1,180 million in Q2 of 2006 vs. $1,028 million in the same quarter of 2005. Reporting companies employed 23,784 professionals in Q2 2006, up 7% from the 22,130 reported in Q2 2005.
Revenue by Product Category
EDA's largest tool category, Computer-Aided Engineering, generated revenue of $511 million in Q2 2006, 15% more than the same period in 2005. Printed Circuit Board and Multi-Chip Module revenue decreased 4% to $83 million in Q2 2006 compared to Q2 2005. IC Physical Design & Verification revenue increased 19% to $343 million in Q2 2006 compared to the same quarter in 2005. Semiconductor Intellectual Property (SIP) revenue totaled $243 million in Q2 2006, a 17% increase over Q2 2005. Services revenue was $76 million in Q2 2006, up 20% from Q2 2005.
Revenue by Consuming Region
North America, EDA's largest region, purchased $598 million of EDA products and services in Q2 2006, a 13% increase over Q2 2005. Western Europe revenue was up 18% in Q2 2006 with revenues of $223 million. 2006 Q2 revenue from Japan grew 11% over Q2 2005 to $268 million. Rest-of-World (ROW) continued to extend previous years of revenue growth by increasing 27% to $168 million in Q2 2006.