The EDA Consortium's Market Statistics Service (MSS) announced that the electronic design automation (EDA) industry revenue for Q1 of 2006 grew 10% to $1,215 million, versus $1,108 million in Q1 2005, due in part to new company participation. Total product revenues, without services, was up 10% to $1,136 million in Q1 of 2006 vs. $1,031 million in the same quarter of 2005. Reporting companies employed 23,128 professionals in Q1 2006, up 4% from the 22,236 reported in Q1 2005.

Revenue by Product Category

• Computer-Aided Engineering: $512 million (+10%)
• Printed Circuit Board and Multi-Chip Module: $84 million (-4%)
• IC Physical Design & Verification: $315 million (+13%)
• Semiconductor Intellectual Property: $225 million (+12%)
• Services: $79 million (+3%)

Revenue by Consuming Region

• North America: $569 million (+14%)
• Western Europe: $218 million (+13%)
• Japan: $291 million (+3%)
• Rest-of-World: $137 million (+4%)