Field Programmable Gate Array (FPGA) Market Size - 2032
Field Programmable Gate Array (FPGA) Market Size, Report,2024-2032

Field Programmable Gate Array (FPGA) Market Share, Size, Trends, Industry Analysis Report, By Type (Low-end, Mid-range, High-end); By Technology; By Application; By Region; Segment Forecast, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 117
  • Format: PDF
  • Report ID: PM4278
  • Base Year: 2023
  • Historical Data: 2019 – 2022

Report Outlook

Field Programmable Gate Array Market size was valued at USD 11.74 billion in 2023. The market is anticipated to grow from USD 12.94 billion in 2024 to USD 28.81 billion by 2032, exhibiting a CAGR of 10.5% during the forecast period

Industry Trends

A Field Programmable Gate Array (FPGA) is a kind of digital integrated circuit that can be programmed and reprogrammed even after its manufacturing. FPGAs are designed to be highly customizable and can be programmed to perform a wide range of tasks, from simple logic functions to complex digital signal processing and data processing applications. Field-programmable gate arrays are made up of a large number of programmable logic elements (such as logic gates and flip-flops), and programmable interconnects that allow these elements to be connected and configured in various ways.

The FPGA market growth is projected to experience significant growth over the forecast period, driven by increasing demand from various end-use industries such as telecoms, data processing centers, automotive, aerospace & defense, and consumer electronics. The global market size for field programmable gate array is driven by the growing need for advanced electronic systems in emerging technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT).

  • For instance, in January 2024, Advanced Micro Devices (AMD) launched a 7nm field programmable gate array (FPGA) and embedded processor designed for advanced driver safety and autonomous driving in the automotive industry. This processor is primarily intended for use in infotainment and cockpit applications and is a significant step towards the adoption of software-defined vehicle architectures.

Field Programmable Gate Array (FPGA) Market Size

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In addition, the increasing adoption of cloud computing and big data analytics is also fueling the demand for FPGAs, as they offer optimized hardware acceleration for compute-intensive workloads. Also, the development of next-generation wireless communication standards such as 5G and Wi-Fi 6 is expected to drive the demand for field programmable gate arrays, as they provide the necessary high-speed processing capabilities.

However, there are also some restraining factors affecting the market, such as the high cost associated with designing and manufacturing FPGAs, which limits their adoption in some price-sensitive applications. Also, the complexity of FPGA programming and configuration requires specialized expertise, leading to longer design cycles and higher development costs.  

Key Takeaways

  • Asia Pacific dominated the market and contributed to more than 44% of share in 2023
  • By type category, the low-end segment accounted for the largest market share in 2023
  • By technology category, the flash-based segment is projected to grow at a high CAGR during the projected period
  • By application category, telecom segment held the significant market revenue share in 2023

What are the market drivers driving the demand for field programmable gate array market?

  • Increasing demand for high-performance computing drives market growth.

The increasing demand for high-performance computing is considered a significant driver for the growth of the market. As technology advances, industries such as artificial intelligence, machine learning, and data center processing require more powerful computing capabilities. Since they are highly adaptable and may be programmed to execute particular activities effectively, FPGAs are in high demand. They provide advantages, including quicker speeds, lower power usage, and greater flexibility compared with conventional central processing units (CPUs). These benefits make them perfect for applications that need fast information processing, such as those utilized in financial institutions or scientific research facilities. Also, the expanding use of cloud services has resulted in increased demand for FPGAs since these clouds necessitate rapid processing rates for their users.

Which factor is restraining the demand for field programmable gate array?

  • The high cost associated with designing and manufacturing FPGAs limits its adoption.

The high cost associated with designing and manufacturing FPGAs is hampering significantly the field programmable gate array (FPGA) market. The development of FPGAs requires specialized software and hardware, which can be expensive to develop and maintain. In addition, the manufacturing process for FPGAs is highly complex and requires advanced semiconductor fabrication facilities, leading to high production costs. These costs are then passed on to customers, making FPGAs more expensive than other programmable logic devices such as Application-Specific Integrated Circuits (ASICs) or gate arrays. This high cost creates a barrier to entry for many potential customers, particularly small and medium-sized enterprises, who need more resources to invest in the development and deployment of FPGAs.

Report Segmentation

The market is primarily segmented based on type, technology, application, and region.

By Type

By Technology

By Application

By Region

  • Low-end
  • Mid-range
  • High-end
  • Antifuse
  • EEPROM
  • Flash
  • SRAM
  • Others
  • Automotive
  • Consumer Electronics
  • Data Processing
  • Industrial
  • Military & Aerospace
  • Telecom
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Category Wise Insights

By Type Insights

Based on type analysis, the market is segmented on the basis of low-end, mid-range, and high-end. The low-end segment accounted for the largest revenue share in the global market in 2023 due to the increasing adoption of FPGAs in high-volume applications such as data center acceleration, automotive, and consumer electronics, which has driven demand for lower-end FPGAs that are more affordable and offer better performance per expenditure. These applications require field programmable gate arrays with smaller gate counts and lower power consumption, which are typically offered by low-end devices. In addition, the growing focus on cost-cutting in electronic devices has further fueled the demand for low-end FPGAs, as they provide an effective way to integrate multiple functions into a single device without compromising on performance or power consumption.

Similarly, advancements in technology have enabled the development of more powerful and efficient low-end FPGAs, and this has made low-end FPGAs suitable for a broader range of applications, including edge computing, IoT, and AI, where low power consumption and compact sizes are crucial. Owing to all these factors, the low-end FPGAs dominated the global market.

By Technology Insights

Based on technology analysis, the market has been segmented on the basis of antifuse, EEPROM, flash, SRAM, and others. The flash-based technology is expected to experience significant growth at a lucrative CAGR over the forecast period because of several factors, such as flash-based FPGAs offering higher density and faster performance compared to traditional SRAM-based FPGAs. This makes them ideal for applications that require high processing speeds and low latency, such as data center acceleration, artificial intelligence, and machine learning. Also, flash-based FPGAs have lower power consumption, which is a critical factor in many modern electronic devices, especially those that are battery-powered or have limited power supply.

The Static Random-Access Memory (SRAM) market segment captured the most significant market share, primarily due to its unique properties, such as re-programmability, high integration, and better flexibility for various applications. There is a clear trend towards the adoption of SRAM-based field programmable gate arrays, driven by their ability to offer high-speed operation. The inherent speed of SRAM cells allows for processing data at high frequencies, which facilitates real-time processing and high-performance computing.

By Application Insights

Based on application analysis, the market has been segmented on the basis of automotive, consumer electronics, data processing, industrial, military & aerospace, telecom, and others. The telecom application segment is expected to dominate the global market in 2023 due to the increasing demand for high-speed data transfer and bandwidth in telecommunications, which requires advanced hardware solutions that can handle complex processing tasks efficiently. FPGAs are well suited for this purpose as they offer high performance, low power consumption, and flexibility, making them an ideal choice for telecom applications such as wireless base stations, routers, switches, and optical transport networks.

Along with this, the adoption of 5G technology is also driving the growth of the FPGA market in the telecom sector, as 5G infrastructure requires even more sophisticated hardware to support its higher frequency bands, massive MIMO (Multiple Input, Multiple Output), and beamforming technologies. The growing focus on edge computing and IoT (Internet of Things) devices is also creating new opportunities for field programmable gate arrays deployment in telecom applications, enabling real-time data processing. Thus, the FPGA market in the telecom segment is expected to dominate in 2023, driven by the ongoing advancements in telecommunication technologies and the rising need for high-performance, adaptive hardware solutions.

Regional Insights

Asia Pacific

The Asia Pacific region emerged as the dominant market for FPGAs in 2023, and this is because of the growing demand for advanced technologies such as AI, machine learning, and the IoT in countries like China, Japan, India, and South Korea. FPGAs are widely used in these technologies due to their ability to perform high-speed computations, data processing, and adaptability to changing algorithms. Also, the presence of prominent FPGA manufacturers such as Advanced Micro Devices, Inc., Intel, and Microsemi in the region has contributed to the growth of the FPGA market in Asia Pacific.

North America

The North American region is expected to experience significant growth in the forecast period for the FPGA market due to the increasing adoption of IoT devices and artificial intelligence (AI) technology in industries like healthcare, finance, and transportation fuels the demand for high-performance and power-efficient FPGAs. Also, the growing trend of autonomous vehicles and electric cars in the region creates a huge demand for advanced driver assistance systems (ADAS), which rely heavily on FPGAs for their processing power and flexibility. Also, the expanding presence of data centers and cloud computing services in the region, led by companies like Amazon Web Services, Microsoft Azure, and Google Cloud Platform, drives the demand for FPGAs to accelerate data processing, machine learning, and cybersecurity workloads.

Competitive Landscape

The field programmable gate array (FPGA) market is presently characterized by the dominance of a few key players, namely Intel, AMD, and Microsemi. These companies have been consistently prioritizing product innovation and the expansion of their product portfolios, aiming to augment their respective market shares. Their strategic approach has proven to be instrumental in realizing their objectives as they continue to exercise significant influence in the market.

Some of the major players operating in the global market include:

  • Achronix Semiconductor Corporation
  • Altera
  • AMD, Inc.
  • Broadcom
  • Efinix, Inc.
  • Infineon Technologies
  • Intel Corporation
  • Lattice Semiconductor Corporation
  • Menta
  • Microchip Technology Inc.
  • Microsemi Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • Quicklogic Corporation

Recent Developments

  • In April 2023, Lattice Semiconductor, a manufacturer of low-power field programmable gate arrays (FPGAs), announced the launch of the Lattice MachXO5T-NX. This new system control FPGA has been developed to address the growing system management design complexity challenges faced by customers.
  • In September 2023, Intel, a leading technology company, expanded its Intel Agilex FPGA portfolio, which is designed to provide a lower total cost of ownership (TCO) to its customers. This move aims to enable businesses to improve their operational efficiency and boost their competitive edge in a rapidly evolving technological landscape.
  • In October 2023, Microchip Technology Inc. introduced a set of nine new technology and application-specific solution stacks, which support their mid-range FPGA and System-on-Chip (SoC) offerings.

Report Coverage

The Field Programmable Gate Array market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.

The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, type, technology, application, and their futuristic growth opportunities.

Field Programmable Gate Array Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 12.94 billion

Revenue forecast in 2032

USD 28.81 billion

CAGR

10.5% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Type, By Technology, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

FAQ's

The field programmable gate array (FPGA) market report covering key segments are type, technology, application, and region.

Field Programmable Gate Array (FPGA) Market Size Worth $28.81 Billion By 2032

Field Programmable Gate Array Market exhibiting the CAGR of 10.5% during the forecast period

Asia Pacific is leading the global market

key driving factors in field programmable gate array (FPGA) market are 1. Increasing demand for high-performance computing drives market growth