The competitive electronics market has changed that. Smartphones, one of the fastest-growing markets in the consumer electronics industry, need to be feature-packed without guzzling power. At the same time, the cost factor is a crucial aspect that influences purchase decisions in the market. Consequently, FPGAs are now targeted toward inexpensive and power-sensitive handheld devices and smartphones.
FPGA is also witnessing escalating demand in cost-sensitive, space-constrained, and low-power applications. Rising usage of FPGA for financial data processing is a great opportunity seen in the market that may also fuel the growth of the FPGA market. On the other hand, DSP, ASIC, and ASSP are being utilized in place of FPGA in some of the application areas. This may impose a negative effect on the growth of the market for FPGA in the coming years.
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Based on recent trends, TMR analysts predict that smartphones will play a central role in the global FPGA market. FPGAs, thanks to their built-in RAM, are able to perform functions such as image enhancements and signal processing – these are collectively referred to as digital signal processing (DSP) functions.As people consume more digital content, the demand for bandwidth has reported an unprecedented increase. This is yet another factor that will have a positive bearing on the growth of the global FPGA market. Higher the demand for faster processing speed in the smartphone and tablets markets, the greater will be the scope for the expansion of the FPGA market.
The report segments the global FPGA market based on technology as: Flash-based, static random-access memory (SRAM), and antifuse. In 2013, the largest share of the FPGA market was held by SRAM. This segment is projected to stay firmly in the leading position to 2020. The preference for SRAM-based FPGA arises due to its rapid in-circuit reconfiguration. FPGAs based on SRAM also show higher tolerance to radiation – an attribute that makes them highly suited in aerospace applications. Aerospace and ancillary industries are predicted to make extensive use of FPGAs for imaging and in wireless sensors.For a clear picture of the regional markets and their performance over the next five years, the report segments the global FPGA market into: North America, Asia Pacific, Europe, and Rest of the World. In 2013, Asia Pacific was seen as the most dominant region in the global FPGA market. The dominance of the Asia Pacific region can be ascribed to the strong electronics industry in countries such as South Korea, China, and India. The report also carries a Company Profiles section that features leading FPGA market players such as Tabula, Lattice Semiconductor Corporation, Xilinix, Microsemi Corporation, Altera Corporation, and others.
A new Transparency Market Research report states that the global field programmable gate array (FPGA) market stood at US$5.48 bn in 2013 and is predicted to reach US$9.7 bn by 2020. It is expected to expand at a CAGR of 8.60% from 2014 to 2020. The title of the report is “FPGA Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”.As per the report, rising demand for tablets and smartphones is stimulating the growth of the market. In addition, increasing demand for bandwidth in wireless networks is fuelling the market for FPGA. Increasing fuel prices have resulted in the demand for hybrid and electric vehicles, which will fuel the FPGA content within automobiles. FPGA is broadly utilized in the automotive industry and imaging equipment for enabling great performance computing abilities. This will further augment the growth of the market.
Browse the full FPGA Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/field-programmable-gate-array.html
Major market participants profiled in this report include Xilinx Inc., Altera Corporation, Lattice Semiconductor Corporation, Microsemi Corporation, among others
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.