| Cadence Design Systems Inc (CDNS) |
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| Sector• Technology Industry |
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| Sector• Technology |
Competitiveness
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Cadence Design Systems Inc 's Comment on Competitors and Industry Peers
We compete most frequently with Synopsys, Inc. and Mentor Graphics Corporation, which was acquired by Siemens AG in 2017, and with numerous other EDA providers, manufacturers of electronic devices that have developed, acquired or have the capability to develop their own EDA products, electronics design and consulting companies, and other IP companies. These include Altium Limited, Ansys, Inc., CEVA, Inc., Keysight Technologies, Inc. and Zuken Ltd.
Certain competitive factors in the engineering services business differ from those of the products businesses. While we compete with other EDA companies in the engineering services business, our principal competitors include independent engineering service businesses. Many of these companies are also customers, and therefore use our product offerings in the delivery of their services or products.
<< See the full list of CDNS competitors
Overall company Market Share Q1 2024
| Overall company, revenue fell by -1.23 % and company lost market share, to approximately 12.19 %. << More on CDNS Market Share. | |
- CDNS's Stock Performance relative to its Competitors
Who are Cadence Design Systems Inc 's Competitors?
| Esco Technologies inc  +5.81% This Quarter | Esco Technologies inc Profile Esco Technologies Inc's business model revolves around providing products and solutions for electric, gas, and water utility customers. They focus on delivering innovative technologies and services to enhance the efficiency and reliability of infrastructure systems in these industries. More about Esco Technologies inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 2,790.408 mill. | $ 987.181 mill. | $ 98.328 mill. |
| Bentley Systems Incorporated  -7.05% Over The Past 5 Days | Bentley Systems Incorporated Profile is a leading global provider of software for infrastructure engineering More about Bentley Systems Incorporated's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 17,588.632 mill. | $ 1,250.852 mill. | $ 351.607 mill. |
| Skywater Technology Inc +0.12% Over The Past 5 Days | Skywater Technology Inc Profile Skywater Technology Inc's business model focuses on semiconductor manufacturing and foundry services for a wide range of industries. More about Skywater Technology Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 380.556 mill. | $ 300.224 mill. | $ -26.159 mill. |
| Synopsys Inc +8.16% This Quarter | Synopsys Inc Profile Synopsys Inc is a leading technology company that specializes in providing software and intellectual property solutions to assist with the design and verification of integrated circuits and electronic systems. Their business model revolves around offering a comprehensive suite of products and services to semiconductor and electronics companies worldwide, helping them streamline their design processes and accelerate time-to-market for their products. With a focus on innovation and expertise, Synopsys Inc combines software tools, IP libraries, and consulting services to cater to the diverse needs of their clients in the semiconductor industry. More about Synopsys Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 91,583.414 mill. | $ 6,189.593 mill. | $ 1,414.846 mill. |
| Ceva Inc -18.13% One Year | Ceva Inc Profile Ceva Inc's business model involves providing licensable intellectual property (IP) and semiconductor technologies to other companies for integration into their own products. More about Ceva Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 467.104 mill. | $ 118.340 mill. | $ -12.454 mill. |
| Kla Corporation +8.83% 30 Days | Kla Corporation Profile develops industry-leading equipment and services that enable innovation throughout the electronics industry More about Kla Corporation's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 105,558.753 mill. | $ 9,598.649 mill. | $ 2,610.104 mill. |
| Aspen Technology inc +9.89% 30 Days | Aspen Technology inc Profile Aspen Technology Inc operates on a software-centric business model, offering advanced analytics and automation solutions to various industries including energy, chemicals, engineering, and pharma. The company primarily generates revenue through the sale of licenses, maintenance, and customer support services for their software products. By leveraging their expertise in process optimization and data analytics, Aspen Technology aims to help clients achieve operational excellence, improve efficiency, and maximize profitability. More about Aspen Technology inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 13,912.664 mill. | $ 1,103.723 mill. | $ -27.153 mill. |
| Ansys Inc -1.35% Over The Past 5 Days | Ansys Inc Profile Ansys Inc is a software company that provides simulation software and services to help companies design and develop products more efficiently and effectively. More about Ansys Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 28,261.210 mill. | $ 2,227.107 mill. | $ 434.568 mill. |
| Keysight Technologies inc -6.01% This Quarter | Keysight Technologies inc Profile Keysight Technologies Inc. operates on a business model focused on developing and manufacturing electronic measurement solutions. These solutions range from instruments and software to systems that assist customers in designing, testing, and deploying products. Keysight's business model ensures a strong emphasis on innovation, technical expertise, and customer satisfaction, leading to long-term partnerships and sustainable growth. More about Keysight Technologies inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 25,055.014 mill. | $ 5,531.000 mill. | $ 1,018.000 mill. |
| National Instruments Corp +0.47% 30 Days | National Instruments Corp Profile National Instruments Corporation operates under a business model that focuses on providing hardware and software solutions for testing, measurement, and automation. Their products cater to a wide range of industries and applications, including electronics, automotive, aerospace, and academia. The company follows a direct sales approach, offering customers a range of products through their own sales force, while also leveraging partnerships with distributors and third-party sales channels. More about National Instruments Corp's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 8,047.577 mill. | $ 1,729.833 mill. | $ 179.395 mill. |
| Altair Engineering Inc +0.43% This Quarter | Altair Engineering Inc Profile Altair Engineering Inc's business model involves offering advanced software and consulting services in the field of engineering and design optimization. They provide innovative solutions to help companies improve product performance, efficiency, and overall sustainability. More about Altair Engineering Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 7,258.898 mill. | $ 600.748 mill. | $ -16.536 mill. |
| Amkor Technology Inc +2.01% Over The Past 5 Days | Amkor Technology Inc Profile Amkor Technology Inc operates as a semiconductor packaging and test services provider, offering a wide range of advanced packaging solutions for the electronics industry. The company primarily generates revenue by assisting customers in the design, manufacturing, and testing of integrated circuits, enabling them to deliver products to market quickly and efficiently. More about Amkor Technology Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 8,285.164 mill. | $ 6,395.257 mill. | $ 376.693 mill. |
| Ase Technology Holding Co Ltd +4.70% Over The Past 5 Days | Ase Technology Holding Co Ltd Profile Ase Technology Holding Co Ltd is a semiconductor manufacturing and testing company based in Taiwan. Their business model revolves around providing advanced packaging and testing solutions for semiconductor devices. They collaborate with various global customers to develop and produce integrated circuit packaging solutions, aiming to meet the diverse needs of the electronics industry. More about Ase Technology Holding Co Ltd 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 50,640.143 mill. | $ 19,004.392 mill. | $ 1,218.415 mill. |
| Globalfoundries Inc -13.76% This Year | Globalfoundries Inc Profile Globalfoundries Inc is a semiconductor manufacturing company that produces integrated circuits for various industries. More about Globalfoundries Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 27,811.120 mill. | $ 7,392.000 mill. | $ 1,018.000 mill. |
| Kulicke And Soffa Industries Inc -3.45% This Quarter | Kulicke And Soffa Industries Inc Profile Kulicke and Soffa Industries Inc operates under a business model focused on manufacturing and selling semiconductor packaging and electronic assembly equipment to various industries. More about Kulicke And Soffa Industries Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 2,626.884 mill. | $ 736.500 mill. | $ -65.869 mill. |
| Tower Semiconductor Ltd -6.38% One Year | Tower Semiconductor Ltd Profile Tower Semiconductor Ltd is a leading global specialty foundry company that provides advanced technology and manufacturing solutions for integrated circuits (ICs) in sectors such as consumer electronics, automotive, medical, and more. The company operates on a fabless business model, partnering with customers to develop and manufacture their ICs on Tower's advanced semiconductor manufacturing platform. More about Tower Semiconductor Ltd 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 4,209.526 mill. | $ 1,422.680 mill. | $ 519.530 mill. |
| Viavi Solutions Inc -21.64% This Quarter | Viavi Solutions Inc Profile Viavi Solutions Inc operates as a provider of network testing, monitoring, and assurance solutions for telecommunications service providers, enterprises, and government entities. The company offers a range of products and services that help ensure the efficiency, performance, and security of network infrastructures. More about Viavi Solutions Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 1,639.050 mill. | $ 1,005.300 mill. | $ -47.700 mill. |
| Taiwan Semiconductor Manufacturing Company Limited +12.00% 30 Days | Taiwan Semiconductor Manufacturing Company Limited Profile Taiwan Semiconductor Manufacturing Company Limited has a foundry business model, focusing on the design and manufacturing of semiconductors for fabless companies. They operate as a pure-play foundry, supplying integrated circuit (IC) wafer production services to customers worldwide. TSMC offers advanced and specialty process technologies, while their clients provide the designs for the chips they manufacture. More about Taiwan Semiconductor Manufacturing Company Limited's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 806,523.559 mill. | $ 70,598.800 mill. | $ 27,793.200 mill. |
| Pdf Solutions inc +15.59% 30 Days | Pdf Solutions inc Profile provides comprehensive data solutions designed to empower organizations across the semiconductor ecosystem to improve the yield and quality of their products and operational efficiency for increased profitability More about Pdf Solutions inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 1,381.380 mill. | $ 166.386 mill. | $ 2.357 mill. |
| Wolfspeed Inc +5.85% This Quarter | Wolfspeed Inc Profile is an innovator of wide bandgap semiconductors More about Wolfspeed Inc 's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 3,389.860 mill. | $ 840.400 mill. | $ -620.000 mill. |
| Credo Technology Group Holding Ltd -5.64% This Quarter | Credo Technology Group Holding Ltd Profile is an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data generation More about Credo Technology Group Holding Ltd's Market Share |
| Market Cap. | Revenues TTM | Net Income TTM |
| $ 3,465.227 mill. | $ 162.553 mill. | $ -33.829 mill. |
