Hardware-assisted Verification Market Analysis

Type (Emulation Platform, In-Circuit Emulation)

The in-circuit emulation segment is estimated to hold around 62% share of the global hardware-assisted verification market by 2037. In-circuit emulation contributes to power efficiency validation by allowing designers to assess the energy consumption of semiconductor components in real-world scenarios. This is crucial in industries where power efficiency is a paramount consideration, such as IoT and mobile devices. The in-circuit emulation segment in the 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. In-circuit emulation is well-suited to verify designs based on the latest manufacturing processes, ensuring that semiconductor components function optimally within the constraints of cutting-edge technologies.

End User (Healthcare, Aerospace, IoT Industry)

The IoT industry segment in the hardware-assisted verification market is expected to garner a significant share in the year 2037. The competitive nature of the IoT industry necessitates rapid product development and deployment. Hardware-assisted verification enables designers to accelerate the verification process, reducing time-to-market for IoT devices. This is particularly crucial in industries where being the first to market confers a significant competitive advantage. The global IoT industry sales are expected to reach USD 1.4 trillion by 2026. This robust growth underscores the need for expeditious product development and deployment in the IoT sector, driving the demand for hardware-assisted verification. IoT technology is pervasive across diverse application domains, including healthcare, agriculture, smart cities, and industrial automation. Each domain has unique requirements, leading to a wide variety of semiconductor designs. Hardware-assisted verification solutions offer the flexibility to adapt to the specific needs of different IoT application domains, ensuring the reliability and functionality of semiconductor components in varied environments.

Our in-depth analysis of the global market includes the following segments: