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The global electronic design automation (EDA) market is expected to see strong growth in the next few years, driven by factors such as increasing demand for complex integrated circuits, growing miniaturization in various industries, and the rise of IoT and connected devices. Major trends in the market include technological advancements, 5G technology implementation, and the usage of AI and machine learning capabilities. The top companies in the market include Siemens AG, Oracle Corporation, and SAP SE.