The Global Field Programmable Gate Array Market size is expected to reach $20 billion by 2030, rising at a market growth of 10.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 71,066.6 thousand units, experiencing a growth of 9.4% (2019-2022).
In data centers and high-performance computing environments, FPGAs are employed to accelerate compute-intensive workloads. Therefore, the Data Processing segment acquired $850.8 million in 2022. They excel in data encryption, compression, database acceleration, and parallel processing, enhancing overall data processing efficiency. FPGAs support parallel processing and specialized hardware acceleration for specific algorithms, making them suitable for accelerating analytics, machine learning inference, and AI-related tasks in data processing applications. Some of the factors impacting the market are increasing demand for accelerated computing, growth in 5G networks worldwide, and high costs of field programmable gate arrays.
With the growth of data-intensive applications like artificial intelligence (AI), machine learning (ML), big data analytics, and scientific simulations, there's a heightened need for faster processing capabilities. Accelerated computing offers enhanced performance to handle these demanding workloads efficiently. FPGAs offer the flexibility to adapt to these changes without requiring a complete hardware overhaul. Designers can reprogram FPGAs to accommodate the latest algorithms and neural network architecture advancements. FPGAs can achieve high throughput, which is advantageous in applications like data analytics, where large datasets need to be processed quickly and efficiently. Additionally, 5G standards are continuously evolving to accommodate new technologies, features, and enhancements. FPGAs can be employed in the Radio Access Network (RAN) of 5G systems to implement custom hardware accelerators and signal processing functionalities. As 5G networks evolve and new features are introduced, FPGAs allow for the rapid deployment of customized solutions, optimizing the performance of the RAN. FPGAs can offload and accelerate protocol processing tasks in 5G networks. By implementing custom hardware for protocol handling, FPGAs can enhance overall system performance, reduce latency, and improve the efficiency of data packet processing. As a result of these aspects, there will be increased demand in the market.
However, the initial costs of FPGA development are relatively high. This includes expenses for FPGA development boards, design tools, and the expertise needed for FPGA programming. Often operating with limited budgets, SMEs may find it challenging to allocate resources for these upfront costs. SMEs typically work with tighter financial constraints compared to larger enterprises. The higher upfront costs associated with FPGAs may deter SMEs from considering these devices as viable solutions for their applications. This limitation on budget allocation can hinder SMEs' ability to explore and invest in FPGA-based solutions. If the benefits and returns on investment are not demonstrated, SMEs may prefer more conventional and cost-effective solutions to mitigate financial risks. These factors are expected to limit the growth of the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cobham Advanced Electronic Solutions, Intel Corporation, Taiwan Semiconductor Manufacturing Company Limited, Broadcom, Inc., Achronix Semiconductor Corporation, QuickLogic Corporation, Microsemi Corporation (Microchip Technology), United Microelectronics Corporation, Xilinx, Inc. (Advanced Micro Devices, Inc), Lattice Semiconductor Corporation.
In data centers and high-performance computing environments, FPGAs are employed to accelerate compute-intensive workloads. Therefore, the Data Processing segment acquired $850.8 million in 2022. They excel in data encryption, compression, database acceleration, and parallel processing, enhancing overall data processing efficiency. FPGAs support parallel processing and specialized hardware acceleration for specific algorithms, making them suitable for accelerating analytics, machine learning inference, and AI-related tasks in data processing applications. Some of the factors impacting the market are increasing demand for accelerated computing, growth in 5G networks worldwide, and high costs of field programmable gate arrays.
With the growth of data-intensive applications like artificial intelligence (AI), machine learning (ML), big data analytics, and scientific simulations, there's a heightened need for faster processing capabilities. Accelerated computing offers enhanced performance to handle these demanding workloads efficiently. FPGAs offer the flexibility to adapt to these changes without requiring a complete hardware overhaul. Designers can reprogram FPGAs to accommodate the latest algorithms and neural network architecture advancements. FPGAs can achieve high throughput, which is advantageous in applications like data analytics, where large datasets need to be processed quickly and efficiently. Additionally, 5G standards are continuously evolving to accommodate new technologies, features, and enhancements. FPGAs can be employed in the Radio Access Network (RAN) of 5G systems to implement custom hardware accelerators and signal processing functionalities. As 5G networks evolve and new features are introduced, FPGAs allow for the rapid deployment of customized solutions, optimizing the performance of the RAN. FPGAs can offload and accelerate protocol processing tasks in 5G networks. By implementing custom hardware for protocol handling, FPGAs can enhance overall system performance, reduce latency, and improve the efficiency of data packet processing. As a result of these aspects, there will be increased demand in the market.
However, the initial costs of FPGA development are relatively high. This includes expenses for FPGA development boards, design tools, and the expertise needed for FPGA programming. Often operating with limited budgets, SMEs may find it challenging to allocate resources for these upfront costs. SMEs typically work with tighter financial constraints compared to larger enterprises. The higher upfront costs associated with FPGAs may deter SMEs from considering these devices as viable solutions for their applications. This limitation on budget allocation can hinder SMEs' ability to explore and invest in FPGA-based solutions. If the benefits and returns on investment are not demonstrated, SMEs may prefer more conventional and cost-effective solutions to mitigate financial risks. These factors are expected to limit the growth of the market.
Technology Outlook
By technology, the market is divided into SRAM, EEPROM, antifuse, flash, and others. The EEPROM segment procured a significant revenue share in the market in 2022. Electrically erasable programmable read-only memory (EEPROM)-based FPGAs retain their configuration even when power is removed, offering non-volatile storage capabilities. This characteristic ensures that the configuration data remains intact between power cycles, enhancing reliability and reducing the need for reconfiguration upon startup. They are suitable for applications that demand a stable and predictable configuration, such as mission-critical systems, aerospace, or applications where frequent reprogramming is not desired.Application Outlook
On the basis of application, the market is categorized into telecom, consumer electronics, industrial, data processing, automotive, military & aerospace, and others. The consumer electronics segment garnered a substantial revenue share in the market in 2022. FPGAs allow for rapid prototyping and customization in the development of consumer electronics. Designers can implement and test various functionalities, interfaces, and algorithms without costly ASIC designs, facilitating quicker time-to-market. FPGAs are utilized for audio and video processing tasks in consumer electronics, including image and video processing, codec implementation, audio enhancement, and interface connectivity. Their flexibility enables efficient customization for specific consumer electronics applications.Type Outlook
Based on type, the market is segmented into high-end, mid-range, and low-end. The low-end segment acquired the largest revenue share in the market in 2022. Low-end FPGAs are often cost-effective. These devices provide an optimal trade-off between affordability and performance, rendering them appealing for uses where cost is a substantial consideration. These FPGAs are versatile and can be programmed and reprogrammed for various applications. They provide services to an extensive array of sectors, encompassing industrial automation and consumer electronics, thereby enabling adaptable deployment strategies. Low-end FPGAs are suitable for battery-powered devices, IoT applications, and other scenarios where power consumption is a concern.Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region acquired the highest revenue share in the market in 2022. Asia Pacific is a hub for electronics manufacturing, making it a significant market. The adaptability of FPGAs allows manufacturers to prototype and customize designs for diverse applications efficiently. With the surge in cloud services and data center expansion in Asia Pacific, FPGAs play a role in accelerating data processing, optimizing cloud infrastructure, facilitating efficient data analytics, and supporting the region's digital transformation initiatives.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cobham Advanced Electronic Solutions, Intel Corporation, Taiwan Semiconductor Manufacturing Company Limited, Broadcom, Inc., Achronix Semiconductor Corporation, QuickLogic Corporation, Microsemi Corporation (Microchip Technology), United Microelectronics Corporation, Xilinx, Inc. (Advanced Micro Devices, Inc), Lattice Semiconductor Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Technology (Volume, Thousand Units, USD Billion, 2019 to 2030)- SRAM
- Antifuse
- Flash
- EEPROM
- Others
- Telecom
- Automotive
- Industrial
- Consumer Electronics
- Data Processing
- Military & Aerospace
- Others
- Low-end
- Mid-range
- High-end
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Cobham Advanced Electronic Solutions
- Intel Corporation
- Taiwan Semiconductor Manufacturing Company Limited
- Broadcom, Inc.
- Achronix Semiconductor Corporation
- QuickLogic Corporation
- Microsemi Corporation (Microchip Technology)
- United Microelectronics Corporation
- Xilinx, Inc. (Advanced Micro Devices, Inc)
- Lattice Semiconductor Corporation
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Field Programmable Gate Array Market, by Technology
Chapter 5. Global Field Programmable Gate Array Market, by Application
Chapter 6. Global Field Programmable Gate Array Market, by Type
Chapter 7. Global Field Programmable Gate Array Market, by Region
Chapter 8. Company Profiles
Companies Mentioned
- Cobham Advanced Electronic Solutions
- Intel Corporation
- Taiwan Semiconductor Manufacturing Company Limited
- Broadcom, Inc.
- Achronix Semiconductor Corporation
- QuickLogic Corporation
- Microsemi Corporation (Microchip Technology)
- United Microelectronics Corporation
- Xilinx, Inc. (Advanced Micro Devices, Inc)
- Lattice Semiconductor Corporation
Methodology
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