Advanced Micro Devices, Inc. declared intentions to invest over USD 400 million over the course of the next five years in order to sustain its expansion in India. By the end of 2028, there will be over 3,000 new engineering positions added to the AMD workforce, as part of the company's largest design centre, a new campus in Bangalore, Karnataka.
The Programmable Solutions Group (PSG) businesses of Intel Corporation stated that they would be spun out into a separate company. The FPGA industry serves a wide range of businesses, including the data center, communications, industrial, automotive, aerospace, and defense sectors. This will provide PSG with the independence and adaptability it needs to completely accelerate its growth and compete in the industry.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5443
Published Date: Dec 05, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing use of simple programmable logic device in IoT devices, surge in integration of AI in simple programmable logic device, and growth in production of automotive.
The market size of simple programmable logic device is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are Advanced Micro Devices, Inc., Intel Corporation, Microsemi, QuickLogic Corporation, and others.
The data communication segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.