PUNE, India, February 18, 2016 /PRNewswire/ --
According to the new market research report "FPGA Market by Type (High-End, Mid-End, Low-End), Verticals (Telecommunication, Industrial, A&D, Automotive, & Others), Architecture (Sram, Flash, & Antifuse), Technology Node (28nm-10nm, 45/40nm, & Others), and Geography - Forecast to 2022" ,published by MarketsandMarkets, the market is expected to reach USD 7.23 Billion by 2022, at a CAGR of 7.41% between 2016 and 2022.
Browse 73 market data Tables and 76 Figures spread through 159 Pages and in-depth TOC on "FPGA Market"
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Factors which are driving the FPGA market include low NRE cost per design, fast time-to-market, growing demand of advanced driver assistance systems (ADAS), need of wireless communication, and optical transport network (OTN).
Telecommunication sector held the largest share of the FPGA market
This sector contributes significantly to the economy of most of the countries and includes both wired and wireless communication; 3G and 4G LTE services are widely being adopted throughout the world, mostly in North America and Asia-Pacific. Moreover, the number of Internet users has increased even in the rural areas. These advancements have increased the number of network infrastructure providers and mobile network operators. These operators require more bandwidth and high speed of data or download speed to fulfill the needs of customers.
High-end FPGA expected to lead the FPGA market
High-end FPGAs held the largest market share in 2015 and this is expected to continue during the forecast period. This type of FPGA has more number of applications than the other two types- mid-end and low-end FPGAs. Some of the sectors in which high-end FPGAs are employed are computer storage, medical, military, networking, telecom, test & measurement, and wireless technologies.
APAC expected to hold the largest market share and witness rapid growth during the forecast period
APAC is a leading telecommunication and consumer electronics hub and held the largest market share for FPGAs in 2015. It is also expected to witness rapid growth during the forecast period owing to the growing adoption of FPGA solutions across telecommunication, consumer electronics, automotive, medical, and industrial sectors. Within APAC, China held the largest market share for FPGAs, whereas rest of APAC nations such as India, South Korea, Indonesia, and other countries are expected to witness high growth.
The major companies in the FPGA Market include Xilinx Inc. (U.S.), Altera Corporation (U.S.), Microsemi Corporation (U.S.), Lattice Semiconductor (U.S.), Atmel Corporation (U.S.), and Achronix Semiconductor Corp (U.S.) among others.
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This research report categorizes the global FPGA market on the basis of vertical, technology node, type, architecture, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth the FPGA market. The Porter's five forces analysis has been included in the report with a description of each of its forces and their respective impact on the FPGA market.
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