Field Programmable Gate Array Market Synopsis
Globally, the size of field programmable gate array (FPGA) market is set to grow at a CAGR (Compound Annual Growth Rate) of 11.2% from a value of USD 9 billion in 2019 to hit USD 25.85 billion by the end of the year 2030 driven by the increasing service of bandwidth to various service operators to generate networks. FPGAs have various application in various sectors which drives the global field-programmable gate array market 2020. The growing inclination towards increasing network bandwidth can actuate the FPGA deployment. Besides, FPGA is a preferred system. Hence, the traditional circuit systems are losing their place from the market.
Moreover, the increased usage of smart consumer electronic devices that are integrated with field-programmable gate array technology also contributes to the expansion of the market. Furthermore, the growing usage of FPGA in data centers and high-performance computing are also adding to the growth of the global field-programmable gate array market. However, there are severe security threats to the FPGAs is a major factor of obstruction.
Due to the outbreak of COVID-19, the market has been analyzed again with new establishments. We will provide COVID-19 impact analysis with the report.
The worldwide field-programmable gate array market can be segregated on the basis of technology, node size, configuration, application, and region.
Based on node size, the worldwide field-programmable gate array market can be classified into Less than 28 nm, 28–90 nm, and More than 90 nm.
Based on the configuration, the worldwide field-programmable gate array market can be classified into Low-End FPGA, Mid-Range FPGA, and High-End FPGA.
Based on technology, the worldwide field-programmable gate array market can be classified into Antifuse Technologies, SRAM, and FLASH.
Based on application, the worldwide field-programmable gate array market can be classified into Algorithmic cryptographic security, FPGA synthesis flow, and Applied cryptography.
Based on region, the worldwide field-programmable gate array market can be classified into North America, Asia Pacific, Europe, and the Rest of the World (RoW).
The field-programmable gate array (FPGA) market is supported by an increased focus on increasing the network bandwidth. The population growth around the world and increasing demand of field-programmable gate array (FPGA) market based services and products also support the market growth. However, the field-programmable gate array (FPGA) market growth can be affected due to growing security threats. The report covers all such details which will help companies in the field-programmable gate array (FPGA) market to strengthen their business plan and improve their product portfolio. The field-programmable gate array (FPGA) market research report also provides company profiles of major companies. The company profile of organizations operating in the field-programmable gate array (FPGA) market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the field-programmable gate array (FPGA) market
The geographic analysis of North America, Asia Pacific, Europe, and the Rest of the World (RoW) has been conducted. As per the research by MRFR, the APAC region is estimated to be the most lucrative market during the review period. From the last few years, several APAC countries like Taiwan, China, South Korea, and few other countries have augmented the production of electronics in their region, which has resulted in exponential actuation of the market in the APAC region. APAC is the fulcrum for the production of electronic devices. It is also the most significant market in the worldwide field-programmable gate array market. The APAC region is exhibiting a rapid expansion of several sectors where FPGAs are used extensively, which adds to the market value for the region during the forecast period. Moreover, the rapid industrialization and urbanization is creating opportunities for the market plater in the Asia-Pacific region. The second position is attained by North America. It is estimated to display the highest CAGR during the assessment period. Owing to the presence of several established players, the market is likely to grow at a significant pace. The third position is attained by Europe. The European market is anticipated to maintain its position as the third-largest global market during the forecast period.
However, the outbreak of COVID-19 has affected several regions.
Field Programmable Gate Array Key Players
The forefront players of the worldwide FPGA security market are Cypress Semiconductor Corporation, Xilinx Inc., Microchip Technology Inc., QuickLogic Corp., Lattice Semiconductor, Teledyne Technologies Incorporated, Texas Instruments Incorporated, Achronix Semiconductor Corporation, and Intel Corporation.
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