Electronic System Design Revenue Rises 12.2% to $5.7B

The ESD Alliance, a coalition of SEMI, said in a press release that electronic system design industry revenue reached $5.71 billion in the second quarter of 2026. Revenue increased 12.2% from $5.09 billion a year earlier, while the four quarter moving average rose 11.2%.

Semiconductor intellectual property revenue grew 20.4% to $2.2 billion, while integrated circuit physical design and verification revenue increased 16.6% to $818.3 million. Services revenue rose 25.1% to $251.7 million. Printed circuit board and multichip module revenue declined 15.4% to $364.2 million.

Revenue increased across every region. Asia Pacific recorded the fastest growth, rising 22.4% to $2.3 billion. The Americas remained the largest region at $2.44 billion, up 7.1%. Companies covered by the report employed 71,396 people, down 1.6% from a year earlier.