Global FPGA Market worth over $14bn by 2028

Field Programmable Gate Array (FPGA) Market size is set to surpass USD 14 billion by 2028, according to a new research report by Global Market Insights Inc.
 

The market growth is attributed to the increasing popularity of AI and machine learning technologies across the globe. FPGAs are integrated into these technologies due to the multiple features offered, such as high efficiency, high-performance, and electricity efficiency, and to develop their recognition in AI gadgets, AI workstations & High-Performance Computing (HPC) applications.
 

Rising government initiatives to boost the usage of AI-integrated devices will foster the FPGA market progression. Field programmable gate arrays are vulnerable to security attacks because of the significant hardware flaws that help hackers gain complete control over the chip and steal key data. It has the advantage of being reprogrammable over traditional hardware chips with fixed functionality. A "bitstream" is a file used by an FPGA program that is encrypted to protect against security attacks. When an attacker gains access to the bitstream, it also has full control over the device. The attacker can steal intellectual property contained in Bitstream and they do not need physical access to the FPGA. As this technology increases in size, power & power efficiency, it requires superior and advanced security techniques to prevent security attacks.
 

Browse key industry insights spread across 270 pages with 275 market data tables and 27 figures & charts from the report, “Field Programmable Gate Array (FPGA) Market Size, By Architecture (SRAM, Flash, Antifuse), By Process Technology (<28 nm, 28 nm-90 nm, > 90 nm), By Configuration (Low-Range FPGA, Mid-Range FPGA, High-Range FPGA), By Application (Consumer Electronics, Automotive, Industrial, Communication & Datacenter, Aerospace & Defense, Others), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/field-programmable-gate-array-fpga-market-size
 

Growing adoption of flash field-programmable gate arrays for wireless and wireline infrastructures will spur the industry growth

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Based on architecture, the market is segmented into antifuse, flash, and SRAM. The flash architecture segment is predicted to observe a 11% growth rate till 2028. They are widely used owing to their features such as high-speed I/O channels, processor cores, and other functions that require high density. In addition, compared to SRAM-based architecture, flash field chips enable high-performance and low system cost. They are widely used in applications such as industrial, defense & security, and wireline & wireless infrastructure. The rising acceptance of flash field-programmable gate arrays will propel the industry progression.
 

Technical advancements in the 28 nm - 90 nm process technology will accelerate the market expansion

The 28 nm – 90 nm process technology segment is accounted for USD 4 billion in 2021. This growth is credited to the rising advancements in FPGAs to support data center infrastructures. It requires a process technology greater than 28 nm, which will support 40G, 10G, and Nx100G networking systems for wired communications and data center infrastructure. This technology is useful in applications such as military radio for hand-held use and radio units for wireless infrastructure. Increasing technical advancements in field-programmable gate arrays will surge the product demand.
 

Growing demand for high-speed internet networking devices will enhance the market value

The high-range FPGA market is estimated to attain a 10% CAGR by 2028. High-range configuration chips are used in devices that support high internet and with high bandwidth capabilities. They are widely used in devices such as 5G systems, ASIC prototyping, portable radar, 100 Gigabyte Ethernet (GbE) line card, etc. These devices are integrated with FPGAs as they feature high-performance Adaptive Logic Modules (ALMs), optimized architecture, low power, and low cost. The increasing usage of FPGAs in these devices will proliferate the market demand.
 

Rising safety concerns in the automotive sector will stimulate the market growth

The automotive segment held a 9% of the market share in 2021. The automotive industry is rapidly adopting complex electronic systems to increase driver safety and efficiency. It provides system architects with cutting-edge performance & flexibility and provides security with flexible (programmable) electronic circuit structures. These devices are integrated with vehicles to provide innovative security applications such as driver assistance, adaptive cruise control, blind-spot warning, and collision avoidance. Such factors will escalate the industry demand. Market players are proactively focusing on developing advanced field-programmable gate arrays to improve their proficiency and gain a competitive edge.
 

Growing adoption of FPGA in end-use applications will augment the market revenue in APAC region

Asia Pacific FPGA market is anticipated to reach USD 6 billion by 2028 on account of the rising acceptance of field-programmable gate arrays in several industries including consumer electronics, automotive, industrial, communications & data centers, and aerospace & defense. For instance, the China military UAV sector is focusing on acquiring FPGA-based UAV systems and drones for field surveillance. It is also used in high-level navigation control technologies such as stereovision, Simultaneous Localization and Mapping (SLAM), path planning, and low-level safety-critical activities such as peripheral interfaces, state estimation & system stability.
 

Major participants operating in the market include FLEX LOGIX TECHNOLOGIES, INC., Efinix Inc., Intel Corporation, GOWIN Semiconductor Corp., Lattice Semiconductor, QuickLogic, Xilinx, Microchip Technology, Inc., among others. These leaders are proactively focusing on strategic partnership or merger and acquisition strategies to gain a competitive advantage in the market.