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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.
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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.
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