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Global Embedded Field-Programmable Gate Array (FPGA) Market Projected to Grow at 14.6% CAGR, Reaching $21.61 Billion by 2029
Embedded Field-Programmable Gate Array (FPGA)
What Will the Embedded Field-Programmable Gate Array (FPGA) Industry Market Size Be by 2025?
In recent years, the market size of the embedded field-programmable gate array (fpga) has seen a significant expansion. It is predicted to increase from $11.09 billion in 2024 to $12.54 billion in 2025 with a compound annual growth rate (CAGR) of 13.2%. The historical growth can be credited to growth factors such as the escalating demand for tailor-made Integrated circuits, expanded use in the telecommunications field as well as in military and aerospace sectors, growing utilization in the automotive industry, and a surge in application in consumer electronics.
What's the Long-Term Growth Forecast for the Embedded Field-Programmable Gate Array (FPGA) Market Size Through 2029?
The market size of the embedded field-programmable gate array (fpga) is projected to experience a substantial surge in the coming years, reaching a valuation of $21.61 billion by 2029, with a compound annual growth rate (CAGR) of 14.6%. This anticipated growth within the given projection period can be attributed to the escalating demand for high-speed, low-latency, and extensive IoT applications, burgeoning adaptation in the telecommunications sector, bolstered usage in the military and aerospace domain, and growing incorporation in the automotive and aerospace sectors and consumer electronics. Chief trends in this projection period include technological advancements, partnerships and collaborations, and heightened investment.
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What Are the Key Growth Drivers Fueling the Embedded Field-Programmable Gate Array (FPGA) Market Expansion?
The burgeoning development of 5G networks is anticipated to boost the expansion of the embedded field-programmable gate array market. Representing the fifth generation of mobile networks, 5G networks offer swift data transfer rates, diminished latency, and augmented capacity for wireless communication. Embedded field-programmable gate arrays (FPGAs) are enhanced by 5G networks through high-speed wireless connectivity, facilitating effective communication and data transfer in IoT and embedded systems. This combination allows real-time processing and reactivity in various applications. For instance, information from 5G Americas, a US-based industry trade association, revealed that as of September 2023, 40% of the North American population is now utilizing 5G, with a speedy growth rate of 25.5% seen in the first half of 2023. Moreover, it's forecasted that by 2028, 5G will have established as many as 669 million connections. Hence, the accelerated development of 5G networks is fostering the growth of the embedded field-programmable gate array market.
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What Are the Key Trends Driving Embedded Field-Programmable Gate Array (FPGA) Market Growth?
Leading organizations within the embedded field-programmable gate array (FPGA) market are focusing on the creation and production of cutting-edge technology, such as the FPGA-based adaptive (system-on-chip) SoC, to augment their market profitability. An FPGA-based adaptive SoC is a unique semiconductor device that merges the adaptability and reconfigurability inherent in an FPGA with the functions of a traditional SoC. For example, Advanced Micro Devices Inc, a leading multinational corporation specializing in semiconductors based in the US, introduced the AMD Versal Premium VP1902 adaptive SoC in June 2023. This chip, designed for emulation and prototyping, boasts double the capacity of prior FPGA models. It serves to simplify the testing procedures for intricate semiconductor designs, particularly those related to AI and other burgeoning technologies in application-specific integrated circuits (ASIC) and SoC development.
How Is the Embedded Field-Programmable Gate Array (FPGA) Market Segmented?
The embedded field-programmable gate array (fpga) market covered in this report is segmented -
1) By Type: Electrically Erasable Programmable Read-Only Memory, Antifuse, Static Random Access Memory, Other Types
2) By Technology: Very Large-Scale Integration (VLSI), Integrated Circuit, Programmable Logic Device
3) By Application: Data Processing, Consumer Electronics, Industrial, Military And Aerospace, Automotive, Telecommunications, Other Applications
Subsegments:
1) By Electrically Erasable Programmable Read-Only Memory (EEPROM): Flash-Based FPGAs, Non-Volatile FPGAs
2) By Antifuse: One-Time Programmable (OTP) FPGAs, Permanent Configuration FPGAs
3) By Static Random Access Memory (SRAM): SRAM-Based FPGAs, Configurable Logic Blocks (CLBs) Based FPGAs
4) By Other Types: Flash-Based Non-Volatile FPGAs, Mask-Programmed FPGAs
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Which Companies Are Leading the Charge in Embedded Field-Programmable Gate Array (FPGA) Market Innovation?
Major companies operating in the embedded field-programmable gate array (FPGA) market are Intel Corporation, Broadcom Limited, NVIDIA Corporation, AMD Inc., Toshiba, Texas Instruments, Infineon Technologies, NXP Semiconductors N.V., Analog Devices Inc., Microchip Technology, Renesas Electronics Corporation, Lattice Semiconductor Corporation, Altera, Menta, Quick Logic Corporation, Zilog, Flex Logix, Achronix Semiconductor Corporation, Microsemi, Efinix, Cypress Semiconductor, Atmel, GOWIN Semiconductor
Which Regions Are Leading the Global Embedded Field-Programmable Gate Array (FPGA) Market in Revenue?
Asia-Pacific was the largest region in the embedded field-programmable gate array market in 2024. The regions covered in the embedded field-programmable gate array (FPGA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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