FPGA Market worth $10.2 billion by 2024 with a growing CAGR of 8.1%

1. MarketsandMarkets Presents FPGA Market worth $10.2 billion by 2024 with a growing CAGR of 8.1% FPGA Market by Technology (SRAM, Antifuse, Flash), Node Size (Less than 28 nm, 28-90 nm, More than 90 nm), Configuration (High-End FPGA, Mid-Range FPGA, High-End FPGA), Vertical (Telecommunications, Automotive), and Geography - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/fpga-market-194123367.html

2. The report "FPGA Market by Technology (SRAM, Antifuse, Flash), Node Size (Less than 28 nm, 28-90 nm, More than 90 nm), Configuration (High-End FPGA, Mid-Range FPGA, High-End FPGA), Vertical (Telecommunications, Automotive), and Geography - Global Forecast to 2024" According to the new market research report, the FPGA market was valued at USD 6.4 billion in 2018 and is expected to reach USD 10.2 billion by 2024, at a CAGR of 8.1% between 2019 and 2024. Major drivers for the market growth are growth of IoT, growing adoption of FPGAs by various industries, growing demand for advanced driver-assistance systems (ADAS), and reduction in time-to-market. The major factor restraining the growth of the market is inability of FPGAs to substitute application-specific integrated circuit (ASIC). Browse 75 market data Tables and 43 Figures spread through 143 Pages and in-depth TOC on "FPGA Market - Global Forecast to 2024"Early buyers will receive 10% customization on this report.

3. Low-end FPGA expected to hold the largest size of the market, on the basis device, during the forecast period Low-end FPGAs are designed for low-power consumption as well as low logic density and complexity per chip. The low-end FPGAs are used in automotive, consumer, display, industrial, military, video and image processing, and wireless application areas. The low-end FPGA built on the 28 nm process technology provides the lowest system cost and power with a performance level high enough to replace high-end FPGAs in several applications. PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194123367 SRAM-based FPGAs expected to hold the largest size of the market, on the basis technology, during the forecast period The main advantage of SRAM programming technology is that it is easily reconfigurable. SRAM cells can be configured according to the requirement, which, in turn, help evaluate any new design by implementing and testing it in accordance with the existing standards. SRAM-based FPGA devices constitute the leading technology that benefits vendors as major companies are investing in R&D for the development of FPGAs.

4. Telecommunications expected to hold the largest size of the market, on the basis of vertical, during forecast period Telecommunication industry is expected to hold the largest share for FPGA market because of its growing usage in networking and telecom systems. Over the last several years, the role of FPGAs in networking and telecom systems development has extended beyond bridging logic between various components on IC board as they have been pushed to advanced technology nodes from 65 nm, 40 nm to 20 nm, and 14 nm. Request for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=194123367 Market in APAC anticipated to grow at the highest CAGR between 2019 and 2024 Telecommunications, industrial, automotive, consumer electronics, and computing are the major sectors that would drive the market growth of FPGAs in APAC. China is one of the most important countries in the FPGA market. A wide adoption of 3G and LTE technology along with increased wireless connectivity are some of the factors driving the growth of the FPGA market in the telecom segment. Vehicle networking and connectivity, automotive infotainment, and EVs are some application areas of FPGAs in the automotive sector. The FPGA market in APAC is expected to grow at the highest CAGR of 9.1% during the forecast period. Some of the major players in the market include Xilinx (US), Intel (US), Lattice Semiconductor (US), Microsemi (US), QuickLogic (US), TSMC (Taiwan), Microchip (US), United Microelectronics (Taiwan), GLOBALFOUNDRIES (US), Achronix (US), and S2C Inc. (US).

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