This master thesis is performed on behalf of the Swedish technology company Ericsson and is meant to evaluate the efficiency of an assertion-based Verification Intellectual Property (abVIP) against an already existing constrained random Verification Intellectual Property (crVIP). The abVIP is a verification entity which is connected with a predefined design and proves that the design is adhering to the specification properties through conditional checks, which uses mathematical proofs rather than prolonged simulation based input stimuli. A market research meant to cover the popularity of abVIPs within the EDA vendors has been conducted. This research showed that the focus of the commercially available VIPs are still on the traditional simul...