Engineers Turn to Virtual Prototyping for IoT Development Challenges

Driven by incessant time-to-market pressures, engineering organizations are looking for new ways to accelerate and parallelize different phases of the product development cycle – particularly in this IoT age.

A growing number of semiconductor and system manufactures are adopting virtual prototyping solutions (VPS) to address these challenges. Furthermore, the application of this technology continues to evolve beyond its original SoC design intent.

Now, more engineering organizations are using the platforms to accelerate software development and test. These evolving use cases are exposing vendors to new customer bases and revenue opportunities and are catalyzing a new phase of innovation in the ecosystem.

These critical trends and more are analyzed in VDC Research’s recently released report, The Global Market for Virtual Prototyping/Platforms Solutions. This study covers the global market for VPS for software development and verification.

VDC has defined this market to include tools and platforms that enable the creation, assembly, and simulation of hardware designs modeled at a high level of abstraction (above RTL) that offer simulation speeds fast enough to support efficient software development and verification through system simulation.

Additional insights of the research include:

Over the past year, more engineering organizations have adopted hybrid prototyping solutions with integrated virtual prototyping and emulation hardware solutions.

Revenue growth for VPS tools in the Asia-Pacific is projected to outpace other global regions by a material margin through 2017.

VPS users expect to increase their use of Application Lifecycle Management (ALM) tools in the next 3 years.

Engineers whose current projects align with Agile product development
methodologies have a high likelihood of using a VPS.

Synopsys increased its share lead over second-leading VPS vendor, Wind River, and accounts for a significant share of the overall market.

Contact Information

VDC Research Group, Inc.

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