The increased demand in the electronic design automation (EDA) market, forecasted to grow at a CAGR of 10.26% between 2024 and 2028, means both leaders Cadence $CDNS (-0.07%) and Syno$SNPS (-1.31%)
$SNPS (-1.31%) with over 70% market share are likely here to stay, and grow.
Do they occupy a space in your portfolio?๐ค