The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Field Programmable Gate Array Global Market Report 2024 offers crucial insights into the field programmable gate array market help businesses analyse and build stronger strategies.

An Overview of Market Growth

• The field programmable gate array (FPGA) market has experienced robust growth, expanding from $8.29 billion in 2023 to $9.16 billion in 2024, with an impressive CAGR of 10.5%.
• The historic growth is driven by the rising complexity of automotive systems, increased demand for safety systems, and the growth of the automotive industry, among other factors.

Anticipating Future Growth

• Forecasts suggest continued rapid growth, with the market projected to reach $13.53 billion by 2028, boasting a CAGR of 10.2%.
• Factors contributing to this growth include demands for in-vehicle entertainment, cybersecurity, high-performance computing, and evolving automotive design paradigms.

Data Center Expansion Spurs Market Surge

Impact of Data Center Deployment

• The rising deployment of data centers emerges as a significant driver for the field programmable gate array market.
• FPGAs play a crucial role in accelerating cloud services such as machine learning, storage, and networking within data center infrastructures.

Market Insights and Statistics

• Reports from the USITC indicate substantial growth in the number of data centers globally, with significant contributions from the United States.
• Projections from global service providers like Grey highlight a steady increase in the global data center market, further fueling the demand for FPGAs.

Rising Significance of SRAM Memory Technology

Innovations in SRAM Memory Technology

• SRAM memory technology emerges as a key trend, with companies focusing on its development to enhance FPGA capabilities.
• QuickLogic Corporation’s PolarPro3 exemplifies low-power SRAM-based FPGA solutions tailored for semiconductor supply availability challenges.

Strategic Acquisitions and Market Expansion

• Advanced Micro Devices Inc.’s acquisition of Xilinx in February 2022 underscores strategic moves to strengthen FPGA portfolios.
• The integration aims to expand product offerings and bolster market presence, reflecting the importance of strategic acquisitions in the FPGA landscape.

Segmentation and Market Outlook

Understanding Market Segments

• The FPGA market segments include technology (e.g., EEPROM, SRAM), configuration (e.g., high-end FPGA), and application (e.g., consumer electronics, automotive).
• These segments cater to diverse industry needs, ranging from data processing to military and aerospace applications.

Regional Dynamics

• North America leads the FPGA market, while Asia-Pacific emerges as the fastest-growing region, driven by technological advancements and industrial growth.
• The regional landscape underscores opportunities and challenges in different markets worldwide.

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The Field Programmable Gate Array Global Market Report 2024  provides a comprehensive outlook of the field programmable gate array market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The field programmable gate array market forecast offers a thorough analysis on field programmable gate array market size, field programmable gate array market share, prominent players and their strategies.

The Table Of Content For The Field Programmable Gate Array Market Include:
1. Field Programmable Gate Array Market Executive Summary
2. Field Programmable Gate Array Market Segments
3. Field Programmable Gate Array Market Size And Field Programmable Gate Array Market Growth Rate
4. Key Field Programmable Gate Array Market Trends
5. Major Field Programmable Gate Array Market Drivers
……
25. Key Mergers And Acquisitions In The Field Programmable Gate Array Market
26. Top Field Programmable Gate Array Companies
27. Field Programmable Gate Array Market Opportunities And Strategies
28. Field Programmable Gate Array Market, Conclusions And Recommendations
29. Appendix

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