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In larger organisations where the two roles are separated, the software designers can begin work as soon as the schematic is completed; there is no need for them to wait until a physical prototype exists.
The trend here is clearly towards virtually simulated measurement, as the development cycles are getting shorter and shorter, and simulations can be used very promptly to make statements that correlate with measurements.
If you are taking a digital electronics course in university and you want to check output or want to verify behavior of your electronics circuits, you can use this to simulate digital circuits like digital gates, decoders, multiplexers, full adder circuits and many others.
Electronics hobbyists, as well as professionals, use circuit simulators often to design and check circuit diagrams.
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