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Field Programmable Gate Array Market Growth, Demand, Key Drivers, Size, Share And Trends Report Overview To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Field Programmable Gate Array Global Market Report 2023 identifies rising deployment of data centers as the major driver for the field programmable gate array market's growth in the forecast period. A data center is a repository where computing equipment facilities like servers, routers, switches, and firewalls are housed, as well as supporting components like backup equipment, fire suppression equipment, and air conditioning are housed. A field-programmable gate array is widely deployed in data centers for accelerating cloud services such as machine learning, storage, and networking. It is employed at both the infrastructure and application levels.
The global field-programmable gate array market size is expected to grow from $7.49 billion in 2022 to $8.29 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The field-programmable gate array market size is expected to grow to $12.01 billion in 2027 at a CAGR of 9.7%.
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Major competitors in the field programmable gate array market are Intel Corporation, Achronix Semiconductor Corporation, Cypress Semiconductors Corporation, Teledyne e2v Limited.
A key trend in the field programmable gate array market includes innovative SRAM memory technology. Major companies operating in the field-programmable gate array market are focused on developing SRAM memory technology to strengthen their position. For instance, in February 2022, QuickLogic Corporation, a US-based semi-conductor development company, made PolarPro3, a low-power SRAM-based FPGA available for solving semiconductor supply availability The extremely adaptable PolarPro3 family has a power consumption as low as 55uA, a small footprint in small packages, and die variations. Up to 2,000 effective logic cells of SRAM-based FPGA fabric, 64Kbits of SRAM, and up to 46 reconfigurable I/Os are packed within the product's modest physical die footprint. The series is perfect for a range of tasks in portable, wearable, mobile, IoT, and other battery-powered applications, including interfaces, level shifting, small CPU cores, low-speed serial protocols, and GPIO mixing. It also consumes very little power and is very small.
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The field programmable gate array market is segmented -
1) By Technology: EEPROM, Antifuse, SRAM, Flash, Other Technologies
2) By Configuration: High-end FPGA, Mid-end FPGA, Low-end FPGA
3) By Application: Data Processing, Consumer Electronics, Industrial, Military, and Aerospace, Automotive, Telecom, and Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the field programmable gate array market.
The Business Research Company's "Global Field Programmable Gate Array Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Field Programmable Gate Array Market Include:
1. Executive Summary
2. Field Programmable Gate Array Market Characteristics
3. Field Programmable Gate Array Market Trends And Strategies
4. Field Programmable Gate Array Market - Macro Economic Scenario
5. Field Programmable Gate Array Market Size And Growth
……….
26. Africa Field Programmable Gate Array Market
27. Field Programmable Gate Array Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Field Programmable Gate Array Market
29. Field Programmable Gate Array Market Future Outlook and Potential Analysis
30. Appendix
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