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The Field-Programmable Gate Array (FPGA) Market size is estimated to grow at a CAGR of 7.81% between 2022 and 2027. The market size is forecast to increase by USD 3,966.07 million. The growth of the market depends on several factors, including the high adoption of smartphones and tablets globally, the demand for optimization in big data analytics, and the development of efficient FPGAs. An FPGA is a logic device wherein the function can be changed while the device is in place within its working environment, allowing the hardware processing of a system to be altered by an external configuration loading process.
This field-programmable gate array market report extensively covers market segmentation by type (high-end FPGA, mid-end FPGA, and low-end FPGA), application (telecommunication, industrial, automotive, consumer electronics, and others), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The high adoption of smartphones and tablets globally is one of the key factors for the growth of the global field-programmable gate array market. The availability of low-cost smartphones in developing markets such as China and India and rising internet penetration across the globe are the key factors for the shipments of smartphones. FPGAs are used for various applications in smartphones, such as performance optimization. Thus, it plays an important role in performing essential smartphone functions, such as mobile transmission of content, including voice and text. Signaling requires the ability of FPGA to transfer data efficiently. Therefore, the demand for smartphones will drive the FPGA market around the world.
Furthermore, vendors are constantly engaged in rolling out new and advanced FPGA ICs to suit smartphone application requirements. FPGAs are also used in tablets and IoT devices. Therefore, the prevalence of smartphones, tablets, and IoT devices is expected to drive FPGA manufacturers to develop high-performance FPGAs to meet the needs of smartphone and tablet manufacturers during the forecast period.
Increased proliferation of IoT is the primary trend in the global field-programmable gate array market. IoT includes a huge number of applications, from smart appliances to wearables to automobiles. For individual consumers, IoT means the availability of inexpensive, power-efficient devices to streamline their daily tasks. For businesses, this means optimizing automated processes, inventory management, energy efficiency, security, and energy savings. energy conservation.
Furthermore, An FPGA-based design approach can help meet these challenges with its key features of programmability and low power consumption. Therefore, the increasing adoption of IoT is likely to have a positive impact on the growth of the global FPGA market during the forecast period.
Cloning concerns in FPGA design are the major challenge that affects the growth of the global field-programmable gate array market. Field-programmable gate array market players are highly concerned with FPGA designs being copied and used in rival systems. Because FPGA designs are easy to imitable, several vendors are considering Physically Unclonable Functions (PUFs). FPGA designs can contain valuable intellectual property such as proprietary algorithms, software code, and hardware designs. Cloning can lead to intellectual property theft and misuse of these valuable assets, leading to financial losses and legal disputes.
Moreover, cloned FPGAs are often sold at cheap prices than genuine products, leading to price competition and reduced profit margins for legitimate Field-programmable gate array market vendors. This creates vulnerabilities that make it easier for attackers to reverse engineer and manipulate FPGA designs, potentially compromising systems that use cloned FPGAs. Therefore, the cloning of FPFA designs poses a major threat to vendors and may impede the growth of the global market during the forecast period.
The market share growth by the high-end FGPA segment will be significant during the forecast period. High-end FPGAs designed for complex applications consist of millions of logic cells. Historically, high-end FPGAs have been used in communications applications. However, they are now also used in military and broadcast applications. Vendors in the field-programmable gate array market, especially Intel and Xilinx (Xilinx), are focused on introducing new high-end FPGAs to meet dynamic consumer demand. The high-end segment of the global FPGA market is dominated by Intel and Xilinx.
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The high-end FGPA segment showed a gradual increase in the market share of USD 3,219.36 million in 2017 and continued to grow by 2021. The bitstream encryption capabilities of high-end FPGAs are also a key factor driving demand. For example, the Virtex-II series FPGAs from Xilinx store the decryption key in dedicated battery-backed SRAM. Intel's Stratix-II FPGAs feature bitstream encryption, allowing users to protect their designs from copying, reverse engineering, or modification. These advantages of high-end FPGAs and the increasing importance of data security are expected to boost the high-end segment of the global FPGA market during the forecast period.
The telecommunications segment was the highest contributing segment in terms of demand in the global FPGA market in 2022. The sector has been boosted in recent years by the launch of various new devices such as smartphones, tablets, and phablets. The competitive landscape for vendors of these products includes manufacturers that conduct extensive R&D to ensure that they have the latest technology in place to remain relevant in the market. In May 2020, Xilinx launched its new FPGA processor for space and satellite applications. The product also offers powerful machine learning with neural network-based inference. Due to the innovation strategies of telecommunications equipment manufacturers, demand for FPGAs in the telecommunications field is expected to remain high during the forecast period
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APAC is estimated to contribute 77% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The presence of major consumer electronics suppliers such as Samsung Electronics, LG Electronics, and Toyota Motor has raised the consumption of FPGAs in the region. Therefore, the growing demand for consumer electronics in the region has contributed to the growing demand for field-programmable gate array (FPGA) market in the region.
In addition, the region includes important automobile manufacturing countries such as China, Japan, India, and ASEAN countries. In addition, the government subsidiaries for EVs, the introduction of stringent emission standards, and the expansion of electric vehicle charging infrastructure have raised the demand for electric vehicles (EVs) in the region. The growing automotive industry in the region is expected to boost the demand for FPGAs during the forecast period.
The COVID-19 outbreak in APAC countries, including India, disrupted this supply chain and resulted in supply-side barriers in 2020. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and boosted the growth of the regional FPGA market. The region is expected to witness an increase in vehicle production activities as several automotive companies are establishing their manufacturing facilities in APAC countries which will support to the growth of the regional market during the forecast period.
The Field-Programmable Gate Array Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Field-Programmable Gate Array Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The field-programmable gate array market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Field-Programmable Gate Array Market Scope |
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Report Coverage |
Details |
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Page number |
174 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.81% |
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Market growth 2023-2027 |
USD 3,966.07 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
7.49 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 77% |
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Key countries |
US, China, South Korea, Japan, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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