Field Programmable Gate Array Global Market Report 2024

The global field programmable gate array market has grown rapidly in recent years. It will grow from $8.29 billion in 2023 to $9.16 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. Historical growth can be attributed to the increasing complexity of automotive systems, rising demand for safety features and systems, the need for customization and flexibility in vehicles, overall growth within the automotive industry, advancements in autonomous driving technology, and the amplified requirements for data processing in vehicles.

The global field programmable gate array market is expected to see rapid growth in the next few years. It will grow to $13.53 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The projected growth in the forecast period is driven by the rising demand for in-vehicle entertainment, the necessity for robust cybersecurity measures, increased requirements for high-performance computing, the need for functional safety standards, the evolution of automotive design approaches, and the growing demand for energy-efficient solutions in the automotive industry. Major trends expected during this period involve the acceleration of artificial intelligence (AI) workloads, the deployment of 5G infrastructure, the emergence of FPGA-as-a-Service (FaaS), the rise of smart cities and IoT applications, the escalating complexity of electronic systems, and the adoption of high-level synthesis (HLS) tools to address these advancements.

The surge in data center deployments is anticipated to propel the growth of the field-programmable gate array (FPGA) market. FPGAs play a pivotal role in data centers, accelerating cloud services like machine learning, storage, and networking at both infrastructure and application levels. The USITC reported 2,600 data centers in the United States in 2021, with a projected global count of nearly 8,000. Additionally, Grey forecasts a 2% growth in the global data center market from 2019 to 2025. This trend underscores the rising significance of FPGAs within data centers, driving the market growth.

The growing adoption of Internet of Things (IoT) devices is expected to propel the field-programmable gate array market. FPGAs offer customizable solutions, tailored to various IoT applications, and excel in real-time processing, fulfilling requirements for low-latency decision-making. With over ten billion active IoT devices in 2021, projected to reach 25.4 billion by 2030 according to Dataprot, FPGAs' integration capabilities, low-power consumption, and robust security features position them as a preferred technology, driving the market growth.

Innovative SRAM memory technology stands as a significant trend in the field-programmable gate array market. Major companies, such as QuickLogic Corporation, are advancing SRAM-based FPGA solutions to address semiconductor supply availability challenges. QuickLogic's PolarPro3 family offers highly adaptable, low-power consumption SRAM-based FPGA solutions suitable for portable, wearable, IoT, and battery-powered applications, boasting up to 2,000 logic cells and 64Kbits of SRAM within a modest physical die footprint. This innovation caters to various tasks and applications, emphasizing power efficiency and compactness.

Major players in the field-programmable gate array market, like Intel Corporation, are developing next-gen FPGA modules such as the Intel Agilex 7 with R-Tile. This FPGA integrates with processors like the 4th Gen Intel Xeon Scalable processors, offering high-speed interfaces and marking a milestone as the first FPGA with PCIe 5.0 and CXL capabilities. Agilex 7 with R-Tile enhances data center performance, delivering faster PCIe 5.0 and significantly higher CXL bandwidth compared to competitors. Its configurable architecture expedites customized technology deployment, reducing design costs and development time, catering to data center and high-performance computing workloads.

In February 2022, Advanced Micro Devices Inc. (AMD), a leading US-based multinational semiconductor company, successfully acquired Xilinx in a monumental deal totaling $49 billion. This strategic acquisition represents AMD's ambitious effort to diversify and expand its portfolio in the realm of field programmable gate arrays (FPGAs). Xilinx, a US-based semiconductor design and development company, is renowned for its expertise in FPGAs, adaptive System-on-Chips (SoCs), and AI products. Through this acquisition, AMD significantly enhances its capabilities by integrating Xilinx's specialized technologies, empowering the company to offer a broader range of innovative solutions in the FPGA market segment and further solidify its position as a major player in the semiconductor industry.

Major companies operating in the field programmable gate array market report are Intel Corporation, Achronix Semiconductor Corporation, Cypress Semiconductors Corporation, Teledyne e2v Limited, Lattice Semiconductor Corporation, Microsemi Corporation, QuickLogic Corporation, Texas Instruments Incorporated, Efinix Inc., Flex Logix Technologies Inc., Gowin Semiconductor Corp., S2C Inc., Silicone Blue Technologies, Taiwan Semiconductor Manufacturing Company Limited, Xilinx Inc., Microchip Technology Inc., Analog Devices Inc., Renesas Electronics Corporation, Tabula Inc., Terasic Technologies Inc., Toshiba Corporation, United Microelectronics Corporation, Vantis Corporation, Xylon d.o.o., Zilog Inc., Atmel Corporation, Actel Corporation, Faraday Technology Corporation, Anritsu Corporation, and Xcerra Corporation.

North America was the largest region in the field programmable gate array market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the field programmable gate array market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the field programmable gate array market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary technologies associated with field-programmable gate arrays encompass EEPROM, antifuse, SRAM, flash, and other technologies. EEPROM, a form of non-volatile ROM, allows individual bytes of data to be erased and reprogrammed, earning it the moniker of byte erasable chips. In computing and electronics, EEPROM is utilized for storing limited amounts of data. FPGAs span different configurations like high-end, mid-end, and low-end variations, deployed across diverse sectors including data processing, consumer electronics, industrial, military and aerospace, automotive, telecommunications, and various other applications.

This report provides field programmable gate array market statistics, including field programmable gate array industry global market size, regional shares, competitors with a field programmable gate array market share, detailed field programmable gate array market segments, market trends and opportunities, and any further data you may need to thrive in the field programmable gate array industry. This field programmable gate array market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The field programmable gate array market consists of sales of field programmable gate arrays that are used to accelerate inference processing when analyzing large amounts of data for machine learning. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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