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Field Programmable Gate Array (FPGA) Market Trends

  • Report ID: GMI156
  • Published Date: Aug 2024
  • Report Format: PDF

Field Programmable Gate Array Market Trends

The advancement of 5G technology is significantly driving the FPGA market. As 5G networks roll out, there is an increased demand for hardware capable of managing the complex and evolving requirements of this next-generation technology. FPGAs are crucial in this landscape due to their flexibility and reconfigurability, allowing them to adapt to diverse and rapidly changing 5G standards. They offer the high processing power needed for tasks such as network slicing, low-latency communication, and massive data handling. FPGAs facilitate real-time processing and high-speed data transmission, essential for supporting the high bandwidth and low latency characteristics of 5G. Additionally, their ability to be updated with new protocols and standards makes them an asset for telecom operators and equipment manufacturers striving to future-proof their 5G infrastructure. This growing role of FPGAs in 5G networks highlights their importance in advancing telecommunications technology.
 

For instance, in February 2023, Lattice Semiconductor presented its latest FPGA advancements at Embedded World 2023. The company's exhibit will feature demonstrations and conference sessions focused on power supply, 5G connectivity, and security. In collaboration with industry leaders, Lattice will showcase solutions for Automotive, Industrial, and Edge applications.
 

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The field programmable gate array (FGPA) market was valued at USD 11.5 billion in 2023 and is anticipated to grow at over 9% CAGR between 2024 and 2032, driven by the rising demand for customizable hardware solutions across industries.Why is the demand for SRAM rising?

The SRAM segment in the field programmable gate array (FGPA) market is expected to reach over USD 8 billion by 2032, due to its capability to store configuration data and support high-speed operations.

North America market held over 36% share in 2023 and will grow rapidly through 2032, driven by an advanced technological infrastructure and strong demand for innovation position.

Intel Corporation, Qualcomm Technologies, Inc., Lattice Semiconductor Corporation, NVIDIA Corporation, Broadcom, and AMD, Inc. among others.

Field Programmable Gate Array Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 23
  • Tables & Figures: 254
  • Countries covered: 21
  • Pages: 304
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