Memory Migration in Hybrid Emulation

A hybrid emulation system and method for hybrid emulation of a design under test (DUT). The DUT has system memory logically segmented into a plurality of memory blocks. The hybrid emulation system comprises a hardware emulation system to emulate a first portion of the DUT during the hybrid emulation. The hybrid emulation system also comprises a simulation system to simulate a second portion of the DUT during the hybrid emulation. At least one of the hardware emulation system or the simulation system is configured to assign a memory block of the plurality of memory blocks to one of the hardware emulation system or the simulation system based on memory access statistics describing accesses to the memory block during the hybrid emulation.