Research Nester assesses the growth and market size of global hardware-assisted verification market which is anticipated to be on account of the increasing demand from end-use industries and increasing demand for IoT sector.

New York – November 28, 2023 - Research Nester’s recent market research analysis on “Hardware-Assisted Verification Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global hardware-assisted verification market in terms of market segmentation by type, end user, and by region.

Automotive Electronics and Advanced Driver Assistance Systems to Promote Global Market Share of Hardware-Assisted Verification
The automotive industry's evolution towards electrification and the integration of advanced driver assistance systems (ADAS) places a premium on sophisticated semiconductor designs. Hardware-assisted verification tools become essential in verifying the functionality, safety, and reliability of these complex designs, ensuring compliance with stringent automotive industry standards. The global automotive semiconductor sales are projected to reach USD 168.5 billion by 2027.
Some of the major growth factors and challenges that are associated with the growth of the global hardware-assisted verification market are:
Growth Drivers:
• Increasing Demand for High-Performance Computing (HPC) Architectures
• Growing Emphasis on Cybersecurity Verification
Challenges:
Integrating hardware-assisted verification tools seamlessly into existing design workflows can be challenging. Coordinating with other verification methodologies, such as simulation and formal verification, requires standardized interfaces and protocols. Inefficient integration can lead to disruptions in the design process, reducing the overall effectiveness of hardware-assisted verification and hindering collaboration among design teams.

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The in-circuit emulation segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. The in-circuit emulation segment in the hardware-assisted verification market is driven by a confluence of factors. These include the demand for real-world testing, the increasing complexity of semiconductor designs, integration with safety-critical systems, the need for faster time-to-market, advancements in semiconductor manufacturing, and a growing emphasis on power efficiency. As semiconductor manufacturing technologies advance, the complexity of designs increases.
By region, the Europe hardware-assisted verification market is to generate a notable revenue by the end of 2036. The steady growth of the semiconductor industry in Europe, driven by advancements in IoT, automotive electronics, and communication technologies, contributes to the demand for robust hardware-assisted verification solutions. As semiconductor designs become more complex, verification tools play a crucial role in ensuring the reliability and functionality of these designs. The European automotive industry's focus on developing advanced electronics and electric vehicles increases the complexity of semiconductor designs. Hardware-assisted verification tools are essential in validating the functionality and safety of these intricate designs, contributing to the growth of the verification market.

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This report also provides the existing competitive scenario of some of the key players of the global hardware-assisted verification market which includes company profiling of Synopsys, Inc., Cadence Design Systems, Inc., Mentor, a Siemens Business, Keysight Technologies, Inc., Agilent Technologies, Inc., Ansys, Inc., and others.
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