Latest News- Field-Programmable Gate Array (FPGA) Market: High-end FPGA is expected to lead the Type segment during 2025-2029

The Field-Programmable Gate Array (FPGA) Market is being driven by High adoption of smartphones and tablets globally

The Field-Programmable Gate Array (FPGA) Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4986 million. In the rapidly expanding Internet of Things (IoT) market, businesses seek efficient and cost-effective solutions for optimizing operations and enhancing productivity. IoT applications span across various industries, from smart consumer electronics and wearables to automobiles and industrial automation. However, the implementation of IoT technology poses significant challenges, including power efficiency in billions of connected devices, compatibility with intractable interfaces, and the ability to accommodate future growth. FPGA-based designs offer a viable solution, with their unique features of re-programmability and low power consumption, enabling businesses to address these challenges and stay competitive in the IoT landscape. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • High-end FPGA
  • Mid-end FPGA
  • Low-end FPGA
• Application
  • Telecommunication
  • Industrial
  • Automotive
  • Consumer electronics
  • Others
• Technology
  • SRAM
  • EEPROM
  • Flash
  • Antifuse
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• High adoption of smartphones and tablets globally
• Demand for optimization in big data analytics
• Development of efficient FPGAs

However, the market also witnesses some limitations, which are as follows:

• Cloning concerns in FPGA design
• Potential vulnerabilities in FPGA design and configuration
• Risks associated with foreign business operations outside US

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Market Scope in Field-Programmable Gate Array (FPGA) Market Research Report

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Research Analysis Overview

The FPGA market encompasses various applications including FPGA verification and formal verification, hardware emulation, FPGA-in-the-loop simulation, model-based design, high-level synthesis (HLS), and 5G infrastructure. Edge computing and cloud computing are also significant markets for FPGAs. FPGA security, design reuse, and lifecycle management are essential considerations. FPGA testing, fault tolerance, power optimization, and thermal optimization techniques are crucial for efficient design. FPGA packaging, system integration, FPGA-based accelerators, custom instruction sets, mixed-signal FPGAs, and FPGA-based image and video processing, as well as control systems, further expand the market scope.

Market Research Overview

The Field-Programmable Gate Array (FPGA) market is a significant segment within the larger global electronics market, encompassing communications equipment, technology hardware storage and peripherals, and electronic equipment and instruments manufacturers. FPGA architectures, including logic cells, look-up tables (LUTs), routing resources, embedded processors, and memory blocks, are integral components of this market. The global electronic equipment and instruments market size is determined by the revenue generated from the sale of associated ICT and electronics products, equipment, and components. Market growth is driven by the escalating demand for electronic test and measurement equipment, fueled by technological advancements and digital transformation across industries such as semiconductors, automotive, IT, consumer electronics, industrial, energy, and medical devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/