Field Programmable Gate Array (FPGA) Market Size & Share, by Type (Low-End, High-End); Technology (SRAM, Antifuse, Flash); Application (Military & Aerospace, Telecom) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5805
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Field Programmable Gate Array Market size is poised to surpass USD 30 Billion by the end of 2036, growing at a CAGR of 18% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of FPGA was USD 12 Billion. The market is estimated to grow due to hinging on the amalgamation of artificial intelligence (AI) and Internet of things (IoT) Reflecting several surveys, soon, upwards of 80% of enterprises' IoT projects will incorporate AI components, positioning FPGAs as a fundamental growth driver. The inherent adaptability and high efficiency of FPGAs are indispensable for meeting the dynamic requirements of AIoT, propelling market growth as they deliver computational versatility and strength.

In addition to these, other factors believed to fuel the market growth include the deployment of data centers and advancement of high performance computing, leveraging FPGAs in machine learning and deep learning. The development of 5G and networking infrastructure and the increasing demand of IoT devices further boosting market growth.


Field Programmable Gate Array Market
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Field Programmable Gate Array Sector: Growth Drivers and Challenges

Growth Drivers

  • Expansion of Data Centers and High-Performance Computing:  The market is significantly driven by the expansion of data centers and the burgeoning demand for high-performance computing (HPC). As of 2023, the forecast for the HPC server sector by 2026 highlights the substantial revenue potential with the FPGAs. Specifically, supercomputers are expected to generate over 10 billion USD, while the departmental segment is projected to bring in 5 billion USD in revenue. The total HPC server revenues are anticipated to reach 21 billion USD for the year. FPGAs stated out their adaptability and high performance, becoming indispensable in modern data center infrastructures, and are pivotal in facilitating cloud computing, big data analytics, and AI addressing the escalating computational requirements.
  • Acceleration of 5G Network Adoption and Infrastructure Development: The global FPGA market is experiencing significant growth due to widespread adoption and infrastructure development of 5th generation (5G) networks. With an estimated 2 billion 5G subscription in 2023, projected to increase to 7 billion by 2027, FPGAs plays a crucial role in expansion. They support the enhance speeds and reduce latency that 5G offers over 4G, thereby boosting their importance in telecommunications. FPGAs are essential for the infrastructure that enable these advanced network capabilities, underpinning a broad array of telecommunications applications and services.   
  • Increasing Demand for IoT Applications: The rapid expansion of IoT devices across numerous sector such as automotive, industrial, and consumer electronics significantly drives the demand for FPGAs. FPGAs play a crucial role in managing the complex and varied workloads characteristic of IoT devices, providing the essential flexibility, high performance, and power efficiency required to foster innovation within IoT solutions. The increasing reliance on FPGAs underlines their importance in adapting to the evolving technological landscape, making them indispensable for the development and implementation of advanced IoT applications and services.

Challenges

  • High Power Consumption Compared to Application Specific Integrated Circuits (ASICs): FPGAs consume more power than ASICs, which is a significant concern for energy-sensitive applications. The lack of control over power optimization during programming further exacerbates thus issue, posing a challenge for industries seeking energy-efficient electronic devices.
  • The programming and development of FPGAs are complex and costly, requiring specialized skills and significant investment, which can be a barrier for smaller organization or startups.
  • The fast pace of technological change necessitates frequent updates to FPGA designs and architectures.

Field Programmable Gate Array Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~18%

Base Year Market Size (2023)

~ USD 12 Billion

Forecast Year Market Size (2036)

~ USD 30 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Field Programmable Gate Array Segmentation

Type (Low-End, High-End)

The low-end FPGA segment in the field programmable gate array market is estimated to gain the largest revenue share of about 68% by 2036. Low-range FPGAs are anticipated to reach a market revenue of USD 5 billion as of 2023, demonstrating their dominance in market. This dominance is attributed to their enhanced features, such as high-level security and embedded-flash, which are significantly used for system control and management application across various sectors including communication, computing, and industrial markets. This is followed by mid-range FPGAs of USD 4 billion and high-range FPGAs accounting for USD 5 billion in total market revenue. 

Application (Military & Aerospace, Telecom)

The telecom segment in the field programmable gate array market is estimated to gain the significant share of about 53% in the year 2036. This anticipated growth in the telecom segment can be attributed to the expanding utilization of FPGAs for various applications including optical transport network, data packet processing, and packet switching. There relevance of FPGAs is particularly pronounced in the context of enhancing telecommunication networks to support advanced generations like LTE, which provides fast download speed of 100Mbps, approximately 5-10 times faster than 3G, showcasing critical role of FPGAs in enabling telecom services providers to boost bandwidth significantly.

Our in-depth analysis of the global market includes the following segments:

          Type

  • Low-End
  • High-End

          Technology

  • Static Random-Access Memory (SRAM)
  • Antifuse
  • Flash

          Application

  • Military & Aerospace
  • Telecom

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Field Programmable Gate Array Industry - Regional Synopsis

APAC Market Forecast

The Asia Pacific field programmable gate array market is anticipated to hold the largest share of about 36% by the end of 2036. China, the region’s leader, has significantly benefiting from the ongoing government-led efforts to boost industrial expansion. Such as Guangdong province’s announcement in April, 2023 to launch the second phase of its semiconductor funding with an investment exceeding USD 4 billion. This move aims to increase the regions technological independence, especially in semiconductors, expected to propel the market growth and maintain its market leadership. This context is reinforced by latest figures showing Asia-Pacific semiconductors sales reaching USD 12 billion, up 4% from previous month but down 6% from previous year, reflecting dynamic nature of the market and the ongoing impact of strategic investments.

North American Market Analysis

The North America field programmable gate array market is estimated to be the second largest revenue share of about 28% by the end of 2036. The market’s expansion can be attributed majorly to the significant ad advancements in the semiconductor industry, with revenue in the semiconductors industry projected to reach USD 120 billion in 2024. Integrated circuits, dominating the sector, are forecasted to account for a market volume of USD 106 billion in the same year. The industry is poised for an impressive trajectory of robust and uninterrupted growth. This period is expected to witness a significant elevation in the market’s valuation, underscored by a consistent expansion in its scope and influence. These developments highlight the dynamic and expanding nature of the semiconductor industry in North America, driven by technological advancements and strategic expansions by key players.

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Field Programmable Gate Array Market size
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Companies Dominating the Field Programmable Gate Array Landscape

top-features-companies
    • Intel Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Xilinx, Inc.
    • Qualcomm Technologies, Inc.
    • NVIDIA Corporation
    • Broadcom
    • AMD, Inc.
    • Quicklogic Corporation
    • Lattice Semiconductor Corporation
    • Achronix Semiconductor Corporation
    • Microchip Technology Inc.

In-the-news

In The News

  • Achronix announced the launched of an FPGA-powered solution designed to accelerate automatic speech recognition (ASR). This innovative approach leverages the flexibility and speed of FPGAs to enhance ASR processes, aiming to provide faster and more efficient voice recognition capabilities
  • Microchip FPGAs accelerated the development of intelligent edge designs while minimizing development costs and risks through their customized polar fire FPGA and SoC solution stacks. These advanced solutions provided designers with high performance; low power options tailored to meet the unique requirements of edge application.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5805
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the field programmable gate array market are expansion of data centers and high-performance computing, acceleration of 5G network adoption and infrastructure development and increasing demand for IoT applications.

The market size of field programmable gate array market is anticipated to attain a CAGR of 18% over the forecast period, i.e., 2024 - 2036.

The major players in the market are Xilinx, Inc., Qualcomm Technologies, Inc., NVIDIA Corporation, Broadcom, AMD, Inc., and others.

The low-end segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia-Pacific (APAC) region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Field Programmable Gate Array Market Report Scope
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