How COVID-19 is impacting the FPGA Market

Get in-depth analysis of how COVID-19 is impacting the FPGA Market

The global FPGA market size is projected to grow from USD 5.9 billion in 2020 to USD 8.6 billion by 2025; it is expected to grow at a CAGR of 7.6% from 2020 to 2025. Key factors fueling the growth of this market include the increase in the global adoption of AI and IoT, ease of programming and faster time-to-market of FPGA than ASIC, and incorporation of FPGA in ADAS.

Less than 28 nm segment accounted for the largest share of the FPGA market in 2019.

In 2019, the less than 28 nm segment held the largest size of the FPGA industry. This segment is projected to grow at the highest CAGR from 2020 to 2025. The growth of the less than 28 nm segment can be attributed to the increased adoption of FPGA with less than 28 nm node size owing to their low power consumption, as well as ease of remote system upgrading and reprogramming them. The adoption of 10 nm node size FPGA in high-end applications such as edge computing, 5G networking, data centers, and AI has also reinforced the growth of this segment of the market.

FPGA manufacturers are focusing on developing FPGA with node size less than 28 nm. For instance, in May 2019, Samsung Electronics (South Korea) partnered with Efinix, Inc. (US) to provide a 10 nm silicon process to develop quantum eFPGA. The less than 28 nm segment of the market is expected to grow significantly during the forecast period owing to such initiatives taken by companies operating in the FPGA ecosystem.

Data centers & computing segment projected to grow at the highest CAGR from 2020 to 2025.

The data centers and computing segment of the market is projected to grow at the highest CAGR from 2020 to 2025. The major factors contributing to the growth of this segment are the increased adoption of high-performance computing (HPC) in cloud computing applications. The hardware and software acceleration capability offered by FPGA and their ability to get reconfigured make them suitable for the data centers and computing vertical. Moreover, the continuous upgrades in networks to support 5G are also expected to fuel the growth of the FPGA market from 2020 to 2025.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194123367

Key Market Players

Xilinx, Inc. (US); Intel Corporation (US); Microchip Technology Inc. (US); Lattice Semiconductor Corporation (US); QuickLogic Corporation (US); Efinix, Inc. (US); Flex Logic Technologies, Inc. (US); GOWIN Semiconductor Corp. (China); Achronix Semiconductor Corporation (US); S2C, Inc. (US); are a few major companies operating in the global FPGA market. These companies have adopted both organic and inorganic growth strategies such as product launches and developments, partnerships, contracts, collaborations, and acquisitions to strengthen their position in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Sanjay Gupta

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

newsletter@marketsandmarkets.com