FPGA Market Size, Share, Research Report Forecast till 2027
FPGA Market
FPGA Market is anticipated to expand at a faster CAGR over the forecast period, owing to the increasing adoption of FGPA in different areas of safety and network processing.
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FGPA is a semiconductor device that can be electronically programmed based around a matrix of configurable logic blocks connected via programmable interconnects. Surging adoption of AI and IoT, easy programming, integration of FGPA in ADAS, and rapid digitalization are some major factors fuelling the FGPA market growth. These devices significantly increase the number of parallel computational elements that can be placed into more optimal order. FGPA offers high computing power with reduced energy consumption makes them a suitable choice to be deployed across applications needing huge data flow.
In addition, surging adoption of AI and IoT has persuaded businesses to adopt FGPA devices for processing instead of choosing GPU because of the growing need to comprehend customer needs and examine data. However, the huge power usage and rising cost of FGPA have restrained the FPGA Market size.
By node size, the less than 28nm node size FPGA segment is anticipated to witness a promising growth over the forecast period owing to the increasing investments and ongoing product launch. The node size FDGA offers a unique combination of low system cost and better functionality.
By vertical, the automotive industry is projected to expand at a higher CAGR during the forecast period. FPGA helps automotive producers and OEMs to launch innovative safety applications such as ADAS system, adaptive cruise control, blind-spot warning, and collision avoidance.
By region, North America is expected to dominate the market during the forecast period owing to the growing demand of FPGA from telecommunication industry. However, as per the FPGA Market forecast, Asia-Pacific is predicted to hold a larger share during the forecast period owing to the rising number of automotive and consumer electronics in the region.
Key Developments:
· In 2019, Intel Corporation adopted Omnitek Inc., a U.K. based vision and video-based FPGA provider to leverage Omnitek Inc’s services for video, vision, and AI inferencing applications.
· In 2018, Microchip Technology Inc. acquired Microsemi Corporation to enhance product portfolio, end-market diversification, operational capabilities, and customer scale of Microchip Technology Inc.
FPGA Market Segmentation:
FPGA Market by Configuration
· Low-end FPGA
· Mid-range FPGA
· High-end FPGA
FPGA Market by Node Size
· Less Than 28 nm
· 28–90 nm
· More Than 90 nm
FPGA Market by Technology
· SRAM
· Flash
· Antifuse
FPGA Market by Vertical
· Telecommunication
o Wireless Communication
o Wired Communication
o 5G
· Consumer Electronics
o Smartphones and tablets
o Virtual reality devices
o Others
· Test, Measurement, & Emulation
· Data Centers & Computing
o Storage interface controls
o Network interface controls
o Hardware acceleration
o High performance computing
· Military & Aerospace
o Avionics
o Missiles & Munition
o Radars & Sensors
o Others
· Industrial
o Video surveillance systems
o Machine vision solutions
o Industrial networking solutions
o Industrial motor control solutions
o Robotics
o Industrial sensors
· Automotive
o ADAS
o Automotive infotainment and driver information systems
o Sensor fusion
· Healthcare
o Imaging diagnostic systems
o Wearable devices
o Others
· Multimedia
o Audio Devices
o Video Processing
· Broadcasting
o Broadcast platform systems
o High-End Broadcast systems
FPGA Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
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