FPGA (Field Programmable Gate Array) is an ASIC re-programmability capabilities. FPGA are widely adopted among industry verticals and various market segments in areas like data centers, high-performance computing, automotive, medical, wired and wireless communications and many more.
FPGA market is growing rapidly especially in the area of telecommunication and industrial applications. FPGAs have many advantages such as fast time-to-market, low non-recurring expenses (NRE), simple design cycle, predictable project cycle, field re-programmability and therefore they are suitable parallel data processing among others. These factors are expected to drive the FPGA market.
FPGA is playing a big role in datacenters processing high speed data and this number is set to increase. As high-speed wire and wireless internet is widely being adopted around the world the number of base-stations and internet switch will increase as well. It’s needless to say that FPGA used in those applications are the large and expensive type e.g. high-end FPGAs.
In the mid-end and low-end FPGA market, we can name various market segments such as: military and defense, industrial market and test and measurement equipment.
The following chart is showing the estimated FPGA market growth from 2014 to 2027.
Field Programmable Gate Array (FPGA) Market size was valued at USD 5 billion in 2014 and is expected to grow at a CAGR of 14% from 2017 to 2027.