Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.21 Billion | USD 18.40 Billion | 8% | 2023 |
The global field-programmable gate array (FPGA) market size was worth around USD 40.06 billion in 2023 and is predicted to grow to around USD 18.40 billion by 2032 with a compound annual growth rate (CAGR) of roughly 41% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the field-programmable gate array (FPGA) market on a global and regional level.
The market of the field-programmable gate array is growing in a significant manner in the different industrial sectors. It can be used for debugging many of the applications and can also be used for the reprogramming in the field for immediate prototyping. In order to design specialized integrated circuits, field-programmable gate arrays are used. The programming and the configuration of the field-programmable gate array are done with the help of hardware description language (HDL) which includes VHSIC hardware description language (VHDL) and Verilog. In the financial sectors such as risk analysis, real-time trading, and others field-programmable gate array is used for many purposes.
The key factor that is driving the field-programmable gate array (FPGA) market is the rapid growth in the application of field-programmable gate array in several industrial sectors in order to produce the products that consist of different features and that too at low cost. Other factors that are triggering the growth of the market is the rise in the demand for the smartphones and the increasing penetration of the electronic contents in the automobiles. Field-programmable gate array market is also additionally being widely employed in the mainstream embedded computing in order to build systems that are complex mission-critical. There are certain factors that are restraining the growth of the field-programmable gate array market which includes the power consumed by the system is more and there is a lack of technique that can be used for the standardized verification.
The market for the field-programmable gate array (FPGA) is fragmented into technology and end-use industry.
Based on the technology, the market is segregated into anti-fuse technology, erasable programmable read only memory (EPROM), static RAM, and flash technology.
By end-use industry, the market is categorized into Automotive, BFSI, Consumer goods and retail, IT and telecommunications, defense and government, healthcare, and others.
Report Attributes | Report Details |
---|---|
Report Name | Field-programmable gate array (FPGA) Market |
Market Size in 2023 | USD 9.21 Billion |
Market Forecast in 2032 | USD 18.40 Billion |
Growth Rate | CAGR of 8% |
Number of Pages | 206 |
Key Companies Covered | Intel, Achronix, Lattice Semiconductor, Atmel, Xilinx Inc., Microsemi Corporation, e2v, QuickLogic, and Nallatech |
Segments Covered | By technology, By end-use industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The market for the field-programmable gate array (FPGA) is geographically segmented into the Middle East and Africa, Asia-Pacific, North America, Western Europe, Eastern Europe, and Latin America. The region that is at present dominating the field-programmable gate array (FPGA) market is North America. The factors that are supporting this market growth in the North American region is its high data storage and performance, increase in the wireless and wired communication, the rise in the usage of the field-programmable gate array in several sectors such as defense and aerospace, and image and video processing. In the regions such as Europe and Asia Pacific, the field-programmable gate array (FPGA) market is expected to contribute a good market share in the coming years.
The key market players that are operating in the field-programmable gate array (FPGA) market are:
By Technology
By End-Use Industry
Global Field-programmable gate array (FPGA) Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
A Field-Programmable Gate Array (FPGA) is an integrated circuit that can be configured by the user or designer after manufacturing, allowing for the creation of custom hardware functionality.
According to study, the Field-programmable gate array (FPGA) Market size was worth around USD 40.06 billion in 2023 and is predicted to grow to around USD 18.40 billion by 2032.
The CAGR value of Field-programmable gate array (FPGA) Market is expected to be around 41% during 2024-2032.
North America has been leading the Field-programmable gate array (FPGA) Market and is anticipated to continue on the dominant position in the years to come.
The Field-programmable gate array (FPGA) Market is led by players like Intel, Achronix, Lattice Semiconductor, Atmel, Xilinx Inc., Microsemi Corporation, e2v, QuickLogic, and Nallatech.
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