Market Analysis
The field programmable gate array market size is predicted to touch 3,700 million at a 10.87% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis. Field programmable gate arrays or FPGAs, simply put, are semiconductor devices built around a matrix of CLBs (configurable logic blocks) linked through programmable interconnects. It has wide applications in FPGA synthesis flow, applied cryptography, algorithmic cryptographic security, and others.
Various factors are propelling the global field programmable gate array industry share. According to the recent MRFR report, such factors include growing adoption in deep packet inspection, network processing, and security, increasing use in the aerospace and military application like secured communication, image processing, and waveform generation, faster time and low cost, burgeoning need for ADAS & infotainment system in cars, increasing use of IoT and AI globally, and increasing use in high-performance computing systems & data centres. Additional factors adding market growth include developments in 5G cellular technology, growth of design platforms & services, increasing investments in less than 28nm process technology, and flourishing automobile production.
On the contrary, high implementation cost, high maintenance cost, and the impact of the COVID-19 pandemic may impede the global field programmable gate array market growth over the forecast period.
Read more@ https://www.marketresearchfuture.com/reports/field-programmable-gate-array-market-1019
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global FPGA market based on technology, configuration, node size, and application.
By application, the global field programmable gate array market is segmented into FPGA synthesis flow, applied cryptography, algorithmic cryptographic security, and others. Of these, the FPGA synthesis flow application will lead the market over the forecast period. It is likely to touch USD 607.8 million by 2023.
By node size, the global field programmable gate array market is segmented into less than 28 nm, 28-90 nm, and above 90 nm. Of these, the 28-90 nm segment will dominate the market over the forecast period. It is predicted to touch USD 800 million and at a 10.61% CAGR by 2025. Meanwhile, the less than 28nm segment is likely to grow at a high CAGR by 2025.
