According to a new report, published by KBV research, The Global Field Programmable Gate Array Market size is expected to reach $20 billion by 2030, rising at a market growth of 10.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 71,066.6 thousand units, experiencing a growth of 9.4% (2019-2022).
The SRAM segment is experiencing a CAGR of 9.6 % during (2023 - 2030). The static random-access memory (SRAM)-based FPGAs use SRAM cells to store their configuration, allowing for rapid reconfiguration and flexibility. This feature enables users to easily modify the FPGA's functionality multiple times, facilitating rapid prototyping, testing, and design iterations without the need for new hardware. This technology has quick configuration times, allowing for fast system initialization and adaptability in applications requiring frequent changes or dynamic reprogramming. SRAM-based FPGAs generally offer high-speed operation and low-latency performance due to the fast access times of SRAM cells, making them suitable for applications that require rapid data processing and high throughput.
The Telecom segment is leading the Global Field Programmable Gate Array Market, by Application in 2022; thereby, achieving a market value of $4.9 billion by 2030. The deployment of 5G networks requires high-speed data processing, beamforming, and signal processing capabilities. FPGAs offer the flexibility to adapt and implement evolving 5G standards, enabling quick updates and modifications to support diverse network requirements. FPGAs play a crucial role in baseband processing, handling complex digital signal processing tasks, channel coding, modulation, and demodulation in 5G base stations. Their parallel processing capabilities and reconfigurability cater to the demands of this rapidly evolving technology.
The Mid-range segment is registering a CAGR of 10.4% during (2023 - 2030). Mid-end FPGAs offer a balance between performance and cost-effectiveness. Industries seeking moderate computational power and resources at a lower price point opt for mid-end FPGAs for applications like industrial automation, automotive systems, and consumer electronics. These FPGAs are suitable for various general-purpose applications requiring moderate logic resources, I/O interfaces, and processing capabilities. These devices accommodate diverse sectors and uses that do not necessitate the vast functionalities of high-end FPGAs. Because of their cost-effectiveness and ability to fulfill the performance demands of numerous designs, mid-range FPGAs are preferred during the initial phases of design and prototyping.
The Asia Pacific region dominated the Global Field Programmable Gate Array Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.7 billion by 2030. The Europe region is anticipating a CAGR of 9.6% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 9.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/field-programmable-gate-array-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cobham Advanced Electronic Solutions, Intel Corporation, Taiwan Semiconductor Manufacturing Company Limited, Broadcom, Inc., Achronix Semiconductor Corporation, QuickLogic Corporation, Microsemi Corporation (Microchip Technology), United Microelectronics Corporation, Xilinx, Inc. (Advanced Micro Devices, Inc), Lattice Semiconductor Corporation
By Technology (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Geography (Volume, Thousand Units, USD Billion, 2019 to 2030)
Companies Profiled
Unique Offerings 
