Field Programmable Gate Array (FPGA) Market: Synopsis
The FPGA 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 Market 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.
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The Global Field Programmable Gate Array (FPGA) Market: Segmental Analysis
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 FPGA 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.
By configuration, the global field programmable gate array market is segmented into low-end FPGA, mid-range FPGA, and high-end FPGA. Of these, the low-end FPGA segment will have a major share in the market during the forecast period for the various benefits that it offers. It is likely to touch USD 1,500 million by 2025. This will be followed by the mid-range FPGA segment.
By technology, the global field programmable gate array market is segmented into SRAM, FLASH, and antifuse technologies. Of these, the SRAM segment will spearhead the market over the forecast period. It is likely to touch USD 693.1 million at a 9.77% CAGR by 2025.
Key Players
The prime players profiled by Market Research Future (MRFR) operating in the global field programmable gate array (FPGA) market are XILINX INC. (the U.S.), Intel Corporation (the U.S.), Microsemi Corporation (the U.S.), Achronix (the U.S.), Teledyne e2v (the U.K.), Lattice Semiconductor Corporation (the U.S.), QuickLogic (the U.S.), Atmel Corporation (the U.S.), Nallatech (the U.S.), Altera Corporation (the U.S.), Tabula Inc. (the U.S.), ARM Ltd., (the U.K), QuickLogic Corporation (the U.S.), Samsung Electronics (South Korea), LG Electronics Inc. (South Korea) and others.
Field Programmable Gate Array (FPGA) Market: Regional Analysis
Based on the region, the global field programmable gate array market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, the APAC region will spearhead the market over the forecast period. Persistent government investments and initiatives to improve market growth, increasing sales of consumer electronics, particularly smartphones, and a rise in the number of data centres are adding to the global field programmable gate array market growth in the region.
The global field programmable gate array market in North America is predicted to have healthy growth over the forecast period. The booming automobile industry, growing demand for field programmable gate array in different sectors including aerospace and defense, demand for wireless and wired communication, image and video processing, and high-performance computing are adding to the global field programmable gate array market growth in the region.
The global field programmable gate array market in Europe is predicted to have sound growth over the forecast period, and in the RoW is predicted to have steady growth over the forecast period.
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