Hardware and software event tracing for a system-on-chip

Event tracing for a system-on-chip (SOC) may be implemented by instrumenting, using a computer, a design for the SOC with instrumentation program code that, responsive to execution by a processor of the SOC, generates software trace events. The design may be specified in a high level programming language. A circuit design specifying an accelerator circuit for a function of the design may be generated using the computer. The accelerator circuit is configured for implementation within programmable circuitry of the SOC. The circuit design may be instrumented to include trace circuitry using the computer. The trace circuitry may be configured to detect hardware trace events for operation of the accelerator circuit, receive the software trace events, and combine the hardware and software trace events into time synchronized trace data.