The consumer electronics segment to influence the revenue graph Market in North America acquires a noteworthy share of the revenue. Global PCB-Design- Software Market: Key Takeaways Consumer electronics are being used more frequently which indicates a rising market trend for PCB-design-software. As a result, the need for PCB is growing along with the manufacture and utilization of consumer electronic gadgets, and PCB-design-software aids in the rapid production of these boards to fulfill the demand. By 2025, it is predicted to be roughly 3 billion consumer electronics users, with a 37% increase in user penetration from 2022 to 2025. Any consumer electronic gadget must have a PCB as it enables communication through many components of the device. Global consumers are anticipated to spend USD 505 billion on gadgets by 2022. The expansion in the global consumer electronics industry is the main growth driver of the market. The market has garnered a revenue of around USD 2 billion in the year 2021. The global PCB-design-software market is predicted to generate around USD 9 billion by 2031 and to grow at a CAGR of ~11% during the forecast period.
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