FPGA Security Market is expected to reach US$ 3.99 Bn by 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 End User
Data Centers and Computing
Military and Aerospace
Other End Users
Global FPGA Security Market by Region
Middle East and Africa
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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