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FPGA Market worth 7 Billion USD by 2022

2017-02-20 12:15:32


According to the new market research report "FPGA Market, by Architecture (SRAM Based FPGA, Anti-Fuse Based FPGA, and Flash Based FPGA), Configuration (High-End FPGA, Midrange FPGA, and Low-End FPGA), Application, and Geography - Trends & Forecasts to 2022" , the FPGA market is expected to reach USD 7.23 Billion by 2022, at a CAGR of 7.41% between 2016 and 2022. Factors which are driving the FPGA market include low NRE cost per design, fast time-to-market, growing demand of advanced driver assistance systems (ADAS), need of wireless communication, and optical transport network (OTN).



Telecommunication sector held the largest share of the FPGA market

This sector contributes significantly to the economy of most of the countries and includes both wired and wireless communication; 3G and 4G LTE services are widely being adopted throughout the world, mostly in North America and Asia-Pacific. Moreover, the number of Internet users has increased even in the rural areas. These advancements have increased the number of network infrastructure providers and mobile network operators. These operators require more bandwidth and high speed of data or download speed to fulfill the needs of customers.



High-end FPGA expected to lead the FPGA market

High-end FPGAs held the largest market share in 2015 and this is expected to continue during the forecast period. This type of FPGA has more number of applications than the other two types– mid-end and low-end FPGAs. Some of the sectors in which high-end FPGAs are employed are computer storage, medical, military, networking, telecom, test & measurement, and wireless technologies.



APAC expected to hold the largest market share and witness rapid growth during the forecast period

APAC is a leading telecommunication and consumer electronics hub and held the largest market share for FPGAs in 2015. It is also expected to witness rapid growth during the forecast period owing to the growing adoption of FPGA solutions across telecommunication, consumer electronics, automotive, medical, and industrial sectors. Within APAC, China held the largest market share for FPGAs, whereas rest of APAC nations such as India, South Korea, Indonesia, and other countries are expected to witness high growth.


The major companies in the FPGA market include Xilinx Inc. (U.S.), Altera Corporation (U.S.), Microsemi Corporation (U.S.), Lattice Semiconductor (U.S.), Atmel Corporation (U.S.), and Achronix Semiconductor Corp (U.S.) among others.





Asia Pacific FPGA market size by application, 2012-2022 (USD Million)


North America FPGA market size by application, 2012-2020 (USD Million)

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