Keysight Technologies, Inc. (KEYS - Free Report) recently showcased PathWave Design 2020 with robust electronic design automation (EDA) software capabilities. The new release will enable software developers to design workflow for advanced 5G, Radio Frequency (RF) technology and microwaves.
The PathWave Design 2020 software suite includes PathWave Advanced Design System (ADS) 2020, PathWave RFIC Design (GoldenGate) 2020, PathWave System Design (SystemVue) 2020, and PathWave RF Synthesis (Genesys) 2020.
The software offers scalability and higher capacity levels in an effort to accelerate testing by devising innovative automation tools. It also provides measurement methods for production processes utilized in 5G network equipment, and reduces the time engineers spend in design and simulation phase.
Improving scalability and advancing the development of automated solutions is expected to enhance efficiency and economies of scale, consequently reducing time-to-market. The expansion of PathWave Design 2020 software Suite is anticipated to aid the company in strengthening presence in the EDA market.
Strategic Expansion of Portfolio to Aid Growth
Keysight is leaving no stone unturned to enhance electronic design with robust product rollouts.
Electronic devices form the very fulcrum of IoT services, wireless devices, data centers and 5G technologies. The rapid adoption of these devices is increasing demand for electronics equipments with longer battery life, smaller components and higher levels of integration.
According to Keysight’s recent survey, “data correlation and software integration” are the two most vital challenges faced by design and test engineers. More than 90% of users want to speed up time-to-market with integrated design tools that helps in data sharing.
The latest release is aimed at bolstering innovation in the electronics testing methods and is expected to enhance Keysight’s solutions, which in turn will favor adoption rate.
According to Todd Cutler, vice president and general manager of design and test software at Keysight, "Keysight's PathWave Design 2020 provides engineers with new tools and software enhancements that shorten the design cycle and eliminate project delays by adding new efficiencies to their RF and microwave, 5G, and automotive work flows.”
Notably, the company boasts of a strong 5G product design validation solutions portfolio. Keysight’s5G network emulation solutions facilitate end-to-end processes from development to deployment, accelerating the 5G device architecture. Apart from strength in 5G, Keysight’s efforts in other emerging growth markets like IoT and high-speed data centers bode well.
Moreover, per MarketsandMarkets data, test and measurement equipment market is projected to be $32.3 billion by 2024 at a CAGR of 3.9% from the estimated valuation of approximately $25.7 billion in 2018.
Further, per ResearchAndMarkets data, EDA tools market is forecast to hit $17.35 billion by 2024, from $9.76 billion valuation in 2018 at a CAGR of 10.1% between 2019 and 2024.
Keysightis anticipated to benefit considerably from latest product roll outs in strategic growth markets, consequently, favoring the top line.
We believe the company’s strength in 5G testing and design solutions hold promise. The collaborations to develop of Open RAN 5G network with companies like AT&T (T - Free Report) , Xilinx (XLNX - Free Report) , to name a few, is likely to enable Keysight in penetrating the 5G space. Alliance with Qualcomm Technologies, Inc., a subsidiary of Qualcomm (QCOM - Free Report) remains noteworthy.
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