FPGA Security Market is expected to reach US$ 3.99 Bn by 2027

According to the new research report published by The Insight Partners, titled "FPGA Security Market to 2027-- COVID-19 Impact and Global Analysis- By Configuration (Low-End FPGA, Mid-Range FPGA, and High-End FPGA); Technology (SRAM, Flash, and Antifuse); End User (Telecommunications, Consumer Electronics, Data Centers and Computing, Military and Aerospace, Industrial, Automotive, and Other End Users); and Geography," the market was valued at US$ 2.06 billion in 2019 and is projected to reach US$ 3.99 billion by 2027; it is expected to grow at a CAGR of 8.8% from 2020 to 2027.

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The FPGA security market is broadly segmented into five major regions North America, Europe, APAC, MEA, and SAM. Presently, APAC held the largest share of the market, followed by North America and Europe, in 2019. It contributed ~35% to the overall FPGA security market in that year. The growing demand of consumer electronics, rising trend of automation in automotive and industrial sectors; and increasing penetration of technologies such as AI, IoT, and cloud computing are a few of the key factors driving the growth of FPGA security market in APAC. China, Japan, Taiwan, and South Korea are among the key countries where majority of electronics and semiconductor manufacturers are located, and these companies continuously investing in research and development activities to keep pace with the fast-evolving technology landscape. Hence, Asia Pacific is expected to be high-potential region for the global FPGA security market players.

Companies Mentioned are: Achronix Semiconductor Corporation, Efinix, Inc., Flex Logix Technologies, Inc., Intel Corporation, Lattice Semiconductor Corporation, LeafLabs, LLC, Microchip Technology Inc., QuickLogic Corporation, S2C, Xilinx, Inc.

FPGA Security Market Insights
Telecommunications Industry Contribute Huge Share to FPGA Security Market

Telecommunications is one of the most promising sectors generating huge demand for FPGAs. The growing investments and advancements in telecom infrastructure across developed and developing countries is boosting the growth of the global telecom sector. Technologies such as IoT, AI, and edge computing are further enabling a paradigm shift in customer demands and preferences; these technologies are offering great opportunities and challenges for the telecommunications companies. The operational needs of equipment/hardware used in the telecommunication sector and demand for secure communications are growing at a fast pace owing to complex operations involved in it and rising demand from customers. FPGAs are being widely used in this sector for various applications such as packet processing and data packet switching among others. Advantages such as easy configurability, flexibility, law latency operations, efficient hardware acceleration, and low costs are expected to further drive the growth of the FPGA security market for the telecommunications sector in the coming years.

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The players in the FPGA security market focus on strategies such as partnerships, business expansion, and new product launches to maintain their positions in the market. A few developments by key players are listed below:
In 2020, Efinix Inc., partnered with ViMOS Technologies, an innovative semiconductor distributor. The partnership is aimed at distributing Efinix's Trion FPGA silicon platforms to local customers in across Central Europe.
In 2019, Lattice Semiconductor Corporation launched a new low power FPGA platform named Lattice Nexus. This new platform is architected to provide power-efficient performance that is aimed to benefit developers of a broad range of applications, comprising AI for IoT, hardware security, video, embedded vision, industrial/automotive automation, and 5G infrastructure

The report segments the global FPGA security market as follows:
By Configuration
Low-End FPGA
Mid-Range FPGA
High-End FPGA

By Technology
SRAM
Flash
Antifuse

By End User
Telecommunications
Consumer Electronics
Data Centers and Computing
Military and Aerospace
Industrial
Automotive
Other End Users

Global FPGA Security Market by Region
North America
Europe
Asia Pacific
Middle East and Africa
South America

Moreover, key companies contributing to Fiber Laser market valuation are studied thoroughly. The study entails a list of these companies along with exhaustive information regarding their offerings, strategic decisions such as partnerships, product launches, mergers & acquisitions and SWOT analysis.

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Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.