NEW
YORK, Aug. 14, 2024 /PRNewswire/ -- The global
field-programmable gate array (FPGA) market size is estimated
to grow by USD 4.43 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of over 8.09% during the forecast period. High
adoption of smartphones and tablets globally is driving market
growth, with a trend towards increased proliferation of
IoT. However, cloning concerns in fpga design poses a
challenge. Key market players include Achronix Semiconductor Corp.,
Advanced Micro Devices Inc., Berkshire Hathaway Inc., Broadcom
Inc., Efinix Inc., Flex Logix Technologies Inc., GlobalSpec LLC,
GOWIN Semiconductor Corp., Infineon Technologies AG, Intel Corp.,
iWave Systems Technologies Pvt. Ltd., Lattice Semiconductor Corp.,
Menta SAS, Microchip Technology Inc., NXP Semiconductors NV,
QuickLogic Corp., Siemens AG, Silicon Creations, SoftBank Group
Corp., and Synopsys Inc..
Get a detailed analysis on regions, market segments, customer
landscape, and companies- View the snapshot of this
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Field-Programmable
Gate Array (FPGA) Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Decelerate at a CAGR of
8.09%
|
Market growth
2024-2028
|
USD 4438.6
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
7.32
|
Regional
analysis
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 76%
|
Key
countries
|
China, South Korea, US,
Japan, and Germany
|
Key companies
profiled
|
Achronix Semiconductor
Corp., Advanced Micro Devices Inc., Berkshire Hathaway Inc.,
Broadcom Inc., Efinix Inc., Flex Logix Technologies Inc.,
GlobalSpec LLC, GOWIN Semiconductor Corp., Infineon Technologies
AG, Intel Corp., iWave Systems Technologies Pvt. Ltd., Lattice
Semiconductor Corp., Menta SAS, Microchip Technology Inc., NXP
Semiconductors NV, QuickLogic Corp., Siemens AG, Silicon Creations,
SoftBank Group Corp., and Synopsys Inc.
|
Market Driver
The Internet of Things (IoT) market encompasses a vast array of
applications, from smart consumer electronics to wearables and
automobiles. For individuals, IoT brings the advantage of
affordable and efficient devices to streamline daily tasks. For
businesses, it offers optimization in automation processes,
inventory management, energy efficiency, security, and energy
conservation. With over 8.5 billion active IoT devices in 2020 and
an expected growth to 25 billion by 2030, designers face challenges
such as power efficiency, incompatible interfaces, and
accommodating future devices' performance requirements. FPGAs, with
their re-programmability and low power consumption, offer a
solution to these challenges, making them a valuable asset in the
IoT market's growth during the forecast period.
The FPGA market is experiencing significant growth due to its
application in various industries. In aerospace and defense, FPGAs
are used for real-time data processing and hardware acceleration.
In consumer electronics, FPGAs power emerging technologies like
artificial intelligence and machine learning in devices. The IoT
sector leverages FPGAs for data processing and network processing,
especially in telecom segments. Automotive applications, including
driver safety and autonomous driving, are adopting FPGAs for
infotainment and cockpit systems. Cloud computing and big data
analytics rely on FPGAs for hardware acceleration and faster data
processing. 5G and specialized expertise are driving the demand for
longer FPGA design cycles. The application categories span from
telecom and high-performance computing to antifuse and integrated
circuits. Semiconductor companies are investing in Configurable
Logic Blocks and Programmable Interconnects to cater to diverse
requirements. OEMs in sectors like Smart Cities and deep packet
inspection are exploring FPGAs for their application-specific
needs. FPGAs offer an alternative to PROM, ASIC,
EEPROM, SRAM, Flash, and EPROM, with the added benefit of NRE cost
savings. The FPGA market is poised for continued growth in the
coming years.
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Market Challenges
- FPGA market growth may be challenged due to the ease of
imitation of FPGA designs, leading manufacturers to implement
Physical Unclonable Functions (PUFs) since 2002. PUFs, which create
unique outputs added to chips in a semi-randomized manner, provide
effective protection against design theft. Altera's Stratix chips
offer side-channel attack protection, while Xilinx's Device DNA
embeds unique device numbers. JTAG disabling systems and CRC
prevent tampering and boot code protection are additional measures.
Effective deployment relies on using the correct device
configuration at the right time in the development process. These
defensive measures, while beneficial, could pose a threat to the
global FPGA market growth during the forecast period.
- The FPGA market is thriving in the semiconductor industry,
offering configurable logic blocks and programmable interconnects
as alternatives to traditional Integrated Circuits (ICs) like PROM,
ASIC, EEPROM, SRAM, Flash, and EPROM. FPGAs provide
OEMs with the flexibility to create custom logic functions for
various applications, including smart cities, deep packet
inspection, network processing, security, and more. With continuous
evolution, FPGAs offer lower power consumption and high compute
density, making them suitable for wearables, handheld devices,
mobile applications, cloud service providers, and more. Mid-range
FPGAs are particularly popular in the telecom sector, while
flash-based FPGAs cater to digital signal processing and data
processing applications. FPGA architecture's programmable and
reprogrammable nature allows for customization of logic gates and
flip-flops, benefiting telecoms, data processing centers,
automotive, and other industries. With a lower turnaround time and
the ability to adapt to new requirements, FPGAs are essential in
today's rapidly changing business landscape, enabling remote work,
online learning, telemedicine, and more.
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Segment Overview
This field-programmable gate array (fpga) market report
extensively covers market segmentation by
- Type
- 1.1 High-end FPGA
- 1.2 Mid-end FPGA
- 1.3 Low-end FPGA
- Application
- 2.1 Telecommunication
- 2.2 Industrial
- 2.3 Automotive
- 2.4 Consumer electronics
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 High-end FPGA- The FPGA market experienced
steady growth in 2020, driven by increasing demand for customized
solutions in various industries. Companies are integrating FPGAs
into their products to enhance functionality and flexibility. The
automotive, telecommunications, and defense sectors are significant
contributors to the market's growth. FPGA vendors continue to
innovate, offering advanced features and integrating AI and machine
learning capabilities into their products. The market is expected
to continue expanding due to these trends and the ongoing digital
transformation across industries.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Field-Programmable Gate Array (FPGA) market refers to the
business sector focused on designing, manufacturing, and selling
FPGAs. An FPGA is a type of digital integrated circuit that
utilizes configurable logic blocks and programmable interconnects
to create custom logic functions. Unlike Programmable Read-Only
Memories (PROM), Application-Specific Integrated Circuits
(ASIC), or Electronically Erasable Programmable
Read-Only Memories (EEPROM), FPGAs are programmable and
reprogrammable, making them ideal for various applications. FPGAs
are widely used in deep packet inspection, network processing,
security, and digital signal processing for sectors such as
telecommunications, automotive, military, and consumer electronics.
Their high compute density, low power consumption, and customizable
nature make them suitable for wearables, handheld devices, mobile
applications, cloud service providers, and data processing
applications. FPGAs consist of programmable logic elements,
including logic gates and flip-flops, which can be configured to
perform a wide range of logic functions.
Market Research Overview
The Fpga market is a dynamic segment of the semiconductor
industry that offers configurable logic blocks and programmable
interconnects, making it a versatile solution for various
applications. FPGAs are digital integrated circuits that are
programmable and reprogrammable, allowing for customizable logic
functions and digital signal processing. They are used in data
processing applications across multiple industries, including
telecom, automotive, aerospace and defense, consumer electronics,
and emerging technologies. FPGAs offer several advantages, such as
low power consumption, high compute density, and shorter design
cycles, making them ideal for applications in smart cities,
wearables, handheld devices, mobile applications, cloud service
providers, and more. The telecom sector is a significant
application category for FPGAs, with use cases including deep
packet inspection, network processing, and security. FPGAs come in
different types, such as mid-range FPGAs and flash-based FPGAs,
each catering to specific application requirements. The continuous
evolution of FPGA architecture and the emergence of new
technologies, such as artificial intelligence, machine learning,
and the Internet of Things, are driving the growth of the Fpga
market. FPGAs are used in various applications, including telecoms,
data processing centers, autonomous driving, infotainment, and
cockpit applications, among others. The Fpga market also caters to
the needs of OEMs and offers specialized expertise for longer
design cycles and application-specific requirements. The market is
expected to grow significantly in the coming years due to the
increasing demand for high-performance computing, big data
analytics, hardware acceleration, and 5G technologies.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- High-end FPGA
- Mid-end FPGA
- Low-end FPGA
- Application
-
- Telecommunication
- Industrial
- Automotive
- Consumer Electronics
- Others
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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