Hardware-Assisted Verification Market Global Trend, Segmentation and Opportunities Forecast to 2027

Hardware-Assisted Verification Market Global Trend, Segmentation and Opportunities Forecast to 2027

The research report on hardware-assisted verification market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.

Recent hardware-assisted verification market trends are being impelled by the rollout of product innovations and the adoption of footprint expansion strategies, such as mergers, acquisitions, and collaborations, by leading industry players.

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Hardware emulation platforms support high operating speeds and multiple chipset designs which is elevating their demand in the hardware-assisted verification market. Increasing innovations in technology and development of smarter electronic devices are set to drive hardware emulation segment growth in the coming years.

The industry is also slated to register considerable expansion across the automotive sector, impelled by the mounting demand for integration of advanced electronic devices into vehicles. Hardware emulation platforms are increasingly being adopted by vehicle manufacturers on account of highly accurate and faster verification processes.

The telecom sector is witnessing surging adoption of HAV, impelled by soaring government investments in the launch of 5G technology in Europe and North America. According to estimates, the U.S. government and telecom operators are anticipated to invest more than USD 250 billion in developing 5G technology over 2020-2025, creating favorable opportunities for business expansion.

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Europe is witnessing rapid industrialization in countries, including France, Germany, and the UK, opening up avenues for bolstering hardware-assisted verification market growth. The region is further witnessing an increase in investment initiatives, which is further poised to boost product penetration in the region.

Considering an instance, in March 2020, the European Union invested a sum of USD 160 billion for doubling its chip production by the year 2030. Similar initiatives are touted to impel industry expansion in Europe.

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