As per the analysis by Market Research Future Reports (MRFR), the worldwide field-programmable gate array market is estimated to grow at a CAGR of 10.87% and values over USD 1,800 million during the forecast period. FPGAs have various application in various sectors which drives the global field-programmable gate array market 2020. The growing inclination towards increasing network bandwidth can actuate the FPGA deployment. Besides, FPGA is a preferred system. Hence, the traditional circuit systems are losing their place from the market.
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Moreover, the increased usage of smart consumer electronic devices that are integrated with field-programmable gate array technology also contributes to the expansion of the market. Furthermore, the growing usage of FPGA in data centers and high-performance computing are also adding to the growth of the global field-programmable gate array market. However, there are severe security threats to the FPGAs is a major factor of obstruction.
Due to the outbreak of COVID-19, the market has been analyzed again with new establishments. We will provide COVID-19 impact analysis with the report.
Covid-19 Impact on Field Programmable Gate Array Market key players are- XILINX INC. (U.S.), Intel (U.S.), Microsemi Corporation (U.S.), Achronix (U.S.), e2v (U.K.), Lattice Semiconductor (U.S.), QuickLogic (U.S.), Atmel (U.S.), Nallatech (U.S.) among others.
The worldwide field-programmable gate array market can be segregated on the basis of technology, node size, configuration, application, and region.
- Based on node size, the worldwide field-programmable gate array market can be classified into Less than 28 nm, 28–90 nm, and More than 90 nm.
- Based on the configuration, the worldwide field-programmable gate array market can be classified into Low-End FPGA, Mid-Range FPGA, and High-End FPGA.
- Based on technology, the worldwide field-programmable gate array market can be classified into Antifuse Technologies, SRAM, and FLASH.
- Based on application, the worldwide field-programmable gate array market can be classified into Algorithmic cryptographic security, FPGA synthesis flow, and Applied cryptography.
- Based on region, the worldwide field-programmable gate array market can be classified into North America, Asia Pacific, Europe, and the Rest of the World (RoW).
The geographic analysis of North America, Asia Pacific, Europe, and the Rest of the World (RoW) has been conducted. As per the research by MRFR, the APAC region is estimated to be the most lucrative market during the review period. From the last few years, several APAC countries like Taiwan, China, South Korea, and few other countries have augmented the production of electronics in their region, which has resulted in exponential actuation of the market in the APAC region. APAC is the fulcrum for the production of electronic devices. It is also the most significant market in the worldwide field-programmable gate array market. The APAC region is exhibiting a rapid expansion of several sectors where FPGAs are used extensively, which adds to the market value for the region during the forecast period. Moreover, the rapid industrialization and urbanization is creating opportunities for the market plater in the Asia-Pacific region. The second position is attained by North America. It is estimated to display the highest CAGR during the assessment period. Owing to the presence of several established players, the market is likely to grow at a significant pace. The third position is attained by Europe. The European market is anticipated to maintain its position as the third-largest global market during the forecast period.
However, the outbreak of COVID-19 has affected several regions. The dynamics of the market have changed significantly due to the constant observation of worldwide lockdown.
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