The global FPGA market size was valued at US$ 6.2 Bn in 2021 and is projected to grow at a compound annual growth rate of 7.6% reaching US$ 13.9 Bn by 2032 from US$ 6.7 Bn in 2022.
The global FPGA market is estimated at US$ 6.2 Bn in 2021 and is projected to reach US$ 6.7 Bn by 2022. The market is expected to reach US$ 13.9 Bn by 2032 while recording a CAGR of 7.6% during the forecast period from 2022 to 2032. Government initiatives supporting the electronics and automobile industries are also likely to be responsible for the rapid growth of this market. Moreover, intensifying network traffic and a need to process large amounts of data create high growth prospects for the FPGA market.
Various applications that require heavy data flow and streaming data processing can be implemented using FPGAs, which have several capabilities, such as high compute density and low power consumption, making them the preferred architecture over other CPU architectures.
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Key Takeaways:
Competitive Landscape
Key Players that have been profiled in the report are XILINX INC., Microsemi Corporation, Achronix, e2v, INTEL CORPORATION, MICROCHIP TECHNOLOGIES INC., Lattice Semiconductor Corporation, Atmel, Nallatech and QuickLogic Corporation. Innovative products and technologies will allow customers to benefit from new technologies.
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Future Market Insights, in its new offering, presents an unbiased analysis of the global FPGA market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
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Key Segments Covered in the FPGA Market Analysis
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Aug 16, 2022