The Field Programmable Gate Array Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Field Programmable Gate Array Global Market Report 2024, The field programmable gate array market size has grown rapidly in recent years. It will grow from $8.29 billion in 2023 to $9.16 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to rising complexity of automotive systems, growing demand for safety systems, customization and flexibility, automotive industry growth, autonomous driving development, increased data processing requirements..
The field programmable gate array market size is expected to see rapid growth in the next few years. It will grow to $13.53 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing demand for in-vehicle entertainment, cybersecurity requirements, high-performance computing needs, functional safety requirements, evolving automotive design paradigms, demand for energy-efficient solutions.. Major trends in the forecast period include acceleration of artificial intelligence (ai) workloads, 5g infrastructure deployment, emergence of fpga-as-a-service (faas, rise of smart cities and iot applications, increasing complexity of electronic systems, adoption of high-level synthesis (hls) tools..
The rising deployment of data centers is expected to propel the growth of the field programmable gate array market. A data center is a repository where computing equipment facilities like servers, routers, switches, and firewalls are housed, as well as supporting components like backup equipment, fire suppression equipment, and air conditioning are housed. A field-programmable gate array is widely deployed in data centers for accelerating cloud services such as machine learning, storage, and networking. It is employed at both the infrastructure and application levels. For instance, according to the USITC, the United States International Trade Commission, in the year 2021, the number of data centers in the United States reached 2,600 and nearly 8,000 will be present worldwide. According to Grey, a global service provider, the global data center market is expected to grow by 2% from 2019 to 2025. Therefore, the rising deployment of data centers is expected to drive the growth of the field programmable gate array market.
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The field programmable gate array market covered in this report is segmented –
1) By Technology: EEPROM, Antifuse, SRAM, Flash, Other Technologies
2) By Configuration: High-end FPGA, Mid-end FPGA, Low-end FPGA
3) By Application: Data processing, Consumer Electronics, Industrial, Military and Aerospace, Automotive, Telecom, Other Applications
Innovative SRAM memory technology is a key trend gaining popularity in the field-programmable gate array market. Major companies operating in the field-programmable gate array market are focused on developing SRAM memory technology to strengthen their position. For instance, in February 2022, QuickLogic Corporation, a US-based semi-conductor development company, made PolarPro3, a low-power SRAM-based FPGA available for solving semiconductor supply availability The extremely adaptable PolarPro3 family has a power consumption as low as 55uA, a small footprint in small packages, and die variations. Up to 2,000 effective logic cells of SRAM-based FPGA fabric, 64Kbits of SRAM, and up to 46 reconfigurable I/Os are packed within the product’s modest physical die footprint. The series is perfect for a range of tasks in portable, wearable, mobile, IoT, and other battery-powered applications, including interfaces, level shifting, small CPU cores, low-speed serial protocols, and GPIO mixing. It also consumes very little power and is very small.
The field programmable gate array market report table of contents includes:
1. Executive Summary
- Field Programmable Gate Array Market Characteristics
- Field Programmable Gate Array Market Trends And Strategies
- Field Programmable Gate Array Market – Macro Economic Scenario
- Global Field Programmable Gate Array Market Size and Growth
- Global Field Programmable Gate Array Market Competitive Benchmarking
- Global Field Programmable Gate Array Market Competitive Dashboard
- Key Mergers And Acquisitions In The Field Programmable Gate Array Market
- Field Programmable Gate Array Market Future Outlook and Potential Analysis
- Appendix
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