The FPGA market is expected to be valued at 5.83
Billion in 2017 and is projected to reach USD 9.50 Billion by 2023, at a CAGR
of 8.5% between 2017 and 2023. The growth of this market is propelled by the
growth of IoT and reduction in time-to-market.
Telecommunications held the largest size of the
FPGA market in 2016. This vertical contributes significantly to the economy of
most of the countries and includes both wired and wireless communications; 3G,
4G LTE, and 5G services are widely adopted across the world, mostly in North
America and APAC. Moreover, the number of internet users has increased even in
the rural areas. The automotive vertical held the second-largest market share
in 2016.
The market for low-end FPGAs dominated in 2016
owing to its low cost and several measures were taken up by some of the
competitors to integrate these FPGAs with high-performance capabilities. The
low-end FPGAs are used in automotive, consumer, display, industrial, military,
video and image processing, and wireless application areas.
Download PDF
Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194123367
SRAM-based FPGAs dominated the FPGA market in
2016. SRAM-based FPGAs can be developed via the latest technology nodes that
require less cost per transistor and more transistors per wafer. SRAM-based
FPGAs are reconfigurable, therefore new designs and ideas can be implemented
readily. No extra processing steps are required as SRAM cells are manufactured
using the same CMOS technology as the rest of the device. These advantages are
expected to drive the market for SRAM-based FPGAs.
Market players such as Xilinx (US), Intel (US),
Lattice Semiconductor (US), Microsemi (US), and QuickLogic (US) are focusing on
product launches and developments, mergers, acquisitions, and collaborations to
enhance their product offerings and expand their business.
The
lack of standardized verification techniques is one of the major challenges
witnessed by the FPGA market. The existing verification techniques, such as
constrained-random and coverage-driven simulation, formal property checking and
assertion-based verification were introduced 15 years ago. As the FPGA
technology has become technologically efficient in terms of size, performance,
and power, there is a need for superior verification techniques. However, a new
verification process suitable for such advancements has not yet emerged in the
market. Therefore, the process of reducing the development cycle of FPGAs
increased the demand for better verification techniques.
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
"Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most
important customers, write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both the company and its
competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators, strategic
players) annually in high growth emerging segments. MarketsandMarkets™ is
determined to benefit more than 10,000 companies this year for their revenue
planning and help them take their innovations/disruptions early to the market
by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, "Knowledgestore" connects
over 200,000 markets and entire value chains for deeper understanding of the
unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
