According to the recent research report titled ‘Hardware-Assisted Verification Market Size, By Platform (Hardware Emulation, FPGA Prototyping), By Application (Automotive, Consumer Electronics, Industrial, Aerospace & Defense, Medical, Telecom), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global hardware-assisted verification market is expected to witness considerable growth over 2021-2027.
 

Global hardware-assisted verification market growth is expected to be driven by rapid industrial automation and growing acceptance of industrial internet of things (IIoT) in developing economies.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4357577/
 

For the uninitiated, as hardware-assisted verification (HAV) speeds up the simulation process, it is an important part of the electronic system design ecosystem. HAV is in high demand due to several issues such as growing energy consumption, rising computing power, increasing use of peripherals, and so on.
 

Furthermore, robust verification tools are required for autonomous driving, artificial intelligence (AI), machine learning (ML), and 5G communications, which has further boosted the market demand in recent years.
 

Based on platform type, hardware emulation segment of global hardware-assisted verification industry is expected to record significant growth over 2021-2027, owing to surging demand for computing, increasing data volumes, and increasing design complexity.
 

As per application spectrum, aerospace & defense segment is projected to register 10% CAGR over the forecast timeframe, due to escalating demand for high-performance solution in the sector.
 

Regionally, Middle East & Africa market is predicted to develop at a robust growth rate through 2027, creditable to inflowing investments in semiconductor industry, leading to uptake of HAV tools in the region.
 

Coming to competitive terrain, Fishtail Design Automation, Temento Systems SAS, Synopsys Inc., SynaptiCAD Sales Inc., Siemens AG, and Innovative Logic are among the other prominent firms operating in worldwide hardware-assisted verification industry sphere.
 

These companies are utilizing various strategies to improve their position in the marketplace, such as new product launches, R&D investments, and mergers & acquisitions. For instance, Cadence Design Systems Inc., introduced its high-capacity Integrity 3D-IC platform in October 2021, meant to handle a wide range of applications, including computers, consumer electronics, automotive, and 5G communications, among others. In a single unified cockpit, the 3D-IC platform unifies system analysis, 3D design planning and implementation, physical verification flows, and static timing analysis (STA).