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Hardware-Assisted Verification Market Share, Size, Trends, Industry Analysis

Hardware assisted verification (HAV) market is set to grow at a significant rate through 2032 owing to the increasing adoption of connected and smart devices, which has surged the demand for ML & AI technologies.

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Hardware-Assisted Verification Market Share, Size, Trends, Industry Analysis

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  1. Hardware-Assisted Verification Market Share, Size, Trends, Industry Analysis Report and Forecast 2032 Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Hardware-Assisted Verification Market: • Hardware assisted verification (HAV) market is set to grow at a significant rate through 2032 owing to the increasing adoption of connected and smart devices, which has surged the demand for ML & AI technologies. The approach enables the end users to establish cross-device connectivity during the manufacturing process and support operators to rapidly verify SoC designs, which is resulting in an increasing demand for HAV. • Besides, key market players are attempting to expand their horizons and presence in the market through strategic collaborations and new product launches. To cite an example, in March 2022, TATA Elxsi entered into a strategic partnership with Renesas Electronics Corporation, with the aim of developing new integrated solutions to be used in EVs. As per the agreement, Renesas will provide TATA Elxsi with its deep expertise in semiconductor production and designing, which will then be used for critical EV subsystems, comprising battery management systems and motor control units.

  3. Continued... • Overall, the hardware assisted verification (HAV) market is bifurcated in terms of platform, application, and region. • In terms of platform, the hardware assisted verification (HAV) market is likely to be characterized by the FPGA prototyping segment. Robust operation performance and low initial costs are the major factors behind the adoption of FPGA prototyping in various chipset design verifications. Besides, FPGA prototyping can be equipped with different tools to enhance its service offerings, which will further drive the market through the analysis timeframe. • Based on application, the market will be defined through the aerospace & defense segment, which will grow at more than 10% CAGR through the estimated timespan. The increasing requirement for secured communication equipment in satellites and UAS (Unmanned Aircraft Systems) has created electric design complexities, as a single device needs to be integrated with thousands of ICs. This requires the vital use of hardware assisted verification tools.

  4. Browse key industry insights spread across 150 pages with 146 market data tables & figures from the report, “Hardware-Assisted Verification Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/hardware-assisted-verification-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/5140

  5. Continued... • In the regional context, the HAV market in the MEA region is expected to grow at a steady rate through the estimated timespan. The widespread adoption of the 5G network as a part of digital transformation and the proliferation of smart cities in the GCC region will lead to an increase in the adoption of HAV for testing and verification of ICs. Besides, it will also help boost their network in the communication sector in the region. • Some of the key participants in the HAV market comprise Cadence Design Systems Inc., Synopsys Inc., Hardent, and Siemens AG. Apart from offering strong verification solutions for industries, these companies are currently focusing on innovating their solutions, according to the changing demands of the end users.

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