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Technavio’s market research analysts have identified this growing adoption of smartphones and tablets to be one of the primary growth factors for the complex programmable logic devices (CPLD) market. It has been observed that the number of smartphones shipped across the globe during 2017 was close to 1.75 billion and this is expected to grow to 2.2 billion units in the coming years. Additionally, the shipment of tablets is also predicted to grow significantly and reach more than 186 million units by the end of forecast period. The growth in shipment of smartphones and tablet computers is mainly due to the availability of low-cost smartphones, especially in emerging markets such as China and India. Moreover, the growing internet penetration across the globe will also drive the demand and adoption of CPLD devices. Our market research analysts have estimated that this market will register a revenue of more than USD 54 million by 2022.
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IoT encompasses a wide range of applications such as smart consumer electronics to wearable and automobiles while connecting various devices to the Internet. IoT offers cost-effective and performance-efficient devices that enhance daily tasks to individual customers. Additionally, IoT optimizes the automation process, inventory management, energy efficiency, security, and energy conservation, for businesses. Designers are upgrading their devices to overcome numerous challenges such as compatibility to IoT configuration, power efficiency in IoT devices, and accommodate performance requirements and processes of devices. Supported by this advances in technology, the increased proliferation of IoT is identified to be one of the key factors driving the growth of the CPLD market till the end of 2022.
The complex programmable logic devices (CPLD) market is moderately fragmented due to the presence of several international and regional vendors. This programmable logic controller market research report helps the clients identify new growth opportunities and design effective strategies by offering an analysis of the market’s competitive landscape and information on the key focus areas of companies in this marketspace. additionally, the report study also helps programmable device manufacturers to focus more on innovations to differentiate their products from their competitors’.
This research report provides an analysis of the various companies in this market including –
According to this programmable logic controller market research report, CPL devices will primarily find application in the communication devices segment throughout the forecast period. The high demand and adoption of smartphones and tablet computers will drive the growth of the market in this application segment till 2022.
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APAC will be the major revenue contributor to the programmable logic controller market throughout the forecast period. The market’s steady growth in this region will mainly account to the growing industrialization and the adoption of devices integrated with PALs and FPGAs.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY PACKAGE TYPE
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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