Embedded Field-Programmable Gate Array (FPGA) Market Key Drivers, Trends, Growth, Outlook 2024-2033

Overview and Scope

An embedded field-programmable gate array (FPGA) refers to a reconfigurable integrated circuit that can be programmed to perform specific tasks, making it suitable for a wide range of applications in electronics and digital systems. It provides flexibility and adaptability by allowing users to modify its hardware functionality post-manufacturing.

Sizing and Forecast

The embedded field-programmable gate array market size has grown rapidly in recent years. It will grow from $9.6 billion in 2023 to $11.09 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%.  The growth in the historic period can be attributed to rising demand for customized Integrated circuits, increased adoption in telecom sector, increased adoption in military and aerospace sector, increased adoption in automotive and aerospace sectors, increased adoption in consumer electronics.

The embedded field-programmable gate array market size is expected to see rapid growth in the next few years. It will grow to $19.49 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%.  The growth in the forecast period can be attributed to rising demand for high-speed, low-latency, and massive IoT applications, increased adoption in telecom sector, increased adoption in military and aerospace sector, increased adoption in automotive and aerospace sectors, increased adoption in consumer electronics. Major trends in the forecast period include technological innovation, partnership and collaboration, investment.

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Segmentation & Regional Insights

The embedded field-programmable gate array (FPGA) market covered in this report is segmented –

1) By Type: Electrically Erasable Programmable Read-only Memory, Antifuse, Static Random Access Memory, Factual Lines About Submarine Hazards, Other Types

2) By Technology: Very Large-Scale Integration (VLSI), Integrated Circuit, Programmable Logic Device

3) By Application: Data Processing, Consumer Electronics, Industrial, Military And Aerospace, Automotive, Telecommunications, Other Applications

Asia-Pacific was the largest region in the embedded field-programmable gate array market in 2023. The regions covered in the embedded field-programmable gate array (FPGA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rapid expansion of 5G networks is expected to propel the growth of the embedded field-programmable gate array market going forward. 5G networks are the fifth generation of mobile networks, providing faster data transfer rates, lower latency, and increased capacity for wireless communication. 5G networks enhance embedded field-programmable gate arrays (FPGAs) by providing high-speed wireless connectivity, enabling efficient communication and data transfer in IoT and embedded systems. This integration facilitates real-time processing and responsiveness in diverse applications. For instance, in September 2023, according to 5G Americas, a US-based industry trade organization, in North America, 40% of the population now uses 5G, and it’s growing fast at 25.5% in the first half of 2023. Additionally, by 2028, it’s expected to reach 669 million connections. Therefore, the rapid expansion of 5G networks drives the growth of the embedded field-programmable gate array market.

Key Industry Players

Major companies operating in the embedded field-programmable gate array (FPGA) market are Intel Corporation, Broadcom Limited, NVIDIA Corporation, AMD Inc., Toshiba, Texas Instruments, Infineon Technologies, NXP Semiconductors N.V., Analog Devices Inc., Microchip Technology, Renesas Electronics Corporation, Lattice Semiconductor Corporation, Altera, Menta, Quick Logic Corporation, Zilog, Flex Logix, Achronix Semiconductor Corporation, Microsemi, Efinix, Cypress Semiconductor, Atmel, GOWIN Semiconductor

The embedded field-programmable gate array (fpga) market report table of contents includes:

1. Executive Summary
2. Embedded Field-Programmable Gate Array (FPGA) Market Characteristics
3. Embedded Field-Programmable Gate Array (FPGA) Market Trends And Strategies
4. Embedded Field-Programmable Gate Array (FPGA) Market – Macro Economic Scenario
5. Global Embedded Field-Programmable Gate Array (FPGA) Market Size and Growth

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32. Global Embedded Field-Programmable Gate Array (FPGA) Market Competitive Benchmarking
33. Global Embedded Field-Programmable Gate Array (FPGA) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Embedded Field-Programmable Gate Array (FPGA) Market
35. Embedded Field-Programmable Gate Array (FPGA) Market Future Outlook and Potential Analysis
36. Appendix

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