FPGA Market by Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA), Technology (SRAM, Flash, Antifuse), Node Size (=16 nm, 20-90 nm, >90 nm), Vertical (Telecommunications, Data Center & Computing, Automotive) & Region - Global Forecast to 2029
[364 Pages Report] The FPGA market was valued at USD 12.1 billion in 2024 and is estimated to reach USD 25.8 billion by 2029, registering a CAGR of 16.4% during the forecast period.
The growth of the FPGA market is driven by the widespread incorporation of Artificial Intelligence (AI) and Internet of Things (IoT) technologies across diverse applications, the rising quantity of data centers and facilities dedicated to high-performance computing (HPC), and field-programmable gate arrays (FPGAs) exhibit superior efficiency in comparison to application-specific integrated circuits (ASICs).
FPGA Market Statistics Forecast to 2029
To know about the assumptions considered for the study, Request for Free Sample Report
Global FPGA Market Dynamics:
Drivers: Increasing adoption of artificial intelligence (AI) and Internet of Things (IoT) technologies in various applications
The widespread adoption of Artificial Intelligence (AI) and the Internet of Things (IoT) across diverse industries has transformed applications involving intricate motor control and vision processing. These tasks demand advanced computing capabilities and real-time, deterministic system behavior, leading to a global surge in the adoption of Field-Programmable Gate Arrays (FPGAs) due to their inherent hard-deterministic features. The convergence of AI and IoT has driven the development of innovative business models, fostering significant technological advancements in the FPGA domain.
FPGAs play a pivotal role in driving innovations, from intelligent buildings and connected vehicles to smart power grids and urban infrastructure. The Mobile Economy 2023 report by the GSM Association predicts a doubling of licensed cellular IoT connections to 5.3 billion by 2030, with Greater China contributing two-thirds of this total. This exponential growth in global IoT penetration is expected to fuel the expansion of the FPGA market. Key industry players, including Xilinx, Inc. (Advanced Micro Devices, Inc.) (US), Intel Corporation (US), and Lattice Semiconductor Corporation (US), are expanding their FPGA offerings in the AI and IoT space, incorporating both hardware and software programmability.
Restraint: Security concerns associated with FPGAs.
Side-channel attacks (SCAs) represent a unique class of threats exploiting physical characteristics in cryptographic devices, including FPGAs, to extract sensitive information. Unlike traditional cryptographic attacks, SCAs focus on the physical implementation of algorithms, utilizing variations in power consumption, electromagnetic radiation (EMR), and timing.
FPGAs, in particular, are susceptible to SCAs due to inherent physical phenomena that are challenging to control. Two main types of SCAs include simple side-channel analysis (SSCA) and more effective differential side-channel analysis (DSCA). Mitigation strategies for FPGAs involve masking, shielding, randomization, secure design practices, and continuous monitoring, although these measures cannot eliminate the evolving threat of SCAs. Ongoing research is essential to develop new countermeasures for enhanced FPGA protection.
Opportunities: Surging deployment of 5G communication infrastructure
The evolution of 5G network infrastructures presents a substantial avenue for growth in the FPGA market. The introduction of 5G New Radio (NR) as the new air interface for 5G networks is reshaping the landscape. Current 5G architectures incorporate NR radio heads in base stations, featuring massive multiple-input, multiple-output (MIMO) antennas employing multiple transmitters and receivers for swift data transfer.
This robust infrastructure caters to diverse access and connectivity scenarios, including enhanced mobile broadband (EMBB), massive machine-type communications (mMIC), and ultra-reliable low-latency communications (URLLC). To meet the varied demands of 5G network workloads, there is a growing inclination towards FPGA technology in the development of next-generation wireless infrastructure. This trend signifies a compelling opportunity for market players in the FPGA domain.
Challenge: Lack of improved and standardized verification techniques
The lack of standardization in the FPGA market poses several challenges for both FPGA designers and users. Designers must contend with the intricacies of multiple FPGA architectures and toolchains, leading to increased design time and complexity. Additionally, the lack of standardization limits the portability of FPGA designs, making it difficult to reuse and repurpose designs across different FPGA platforms.
The rapid pace of FPGA technology advancements further exacerbates this lack of standardization. As FPGA vendors introduce new architectures and features, designers must adapt their design methodologies and tools accordingly. This continuous evolution can hinder the adoption of new FPGA technologies, as designers may be reluctant to invest in training and tool updates.
FPGA Ecosystem
Global FPGA Industry Segment Overview
The market for high-end FPGA segment to hold highest CAGR during the forecast period.
High-end FPGAs are the top tier or the most advanced level of FPGA technology, characterized by advanced features, extensive resources, and high-performance capabilities. These sophisticated semiconductor devices offer a large number of logic elements, substantial memory capacity, and a wide array of advanced functionalities. High-end FPGAs are designed to meet the demanding requirements of complex and computation-intensive applications such as data centers, telecommunications infrastructure, high-performance computing, and aerospace systems. Their versatility allows for the implementation of intricate digital circuits and algorithms. While high-end FPGAs come at a higher cost, they provide unparalleled processing power and flexibility, making them indispensable for cutting-edge and mission-critical applications.
20-90 nm segment in node size to hold the highest market share of the FPGA market during the forecast period.
FPGAs spanning the 20-90 nm node size range are recognized for their durability and low power consumption, positioning them as optimal solutions for digital signal processing (DSP) applications. Infused with embedded multipliers, high density, increased memory capabilities, and easy packaging, these FPGAs exhibit versatility across a wide spectrum of industries.
They play integral roles in industrial networks, vehicle networking, high-resolution videos, graphics, 10 to 100G networking, portable radars, ASIC prototyping, 3G/4G/5G wireless connectivity, flat-panel displays, video over Internet protocol (IP) solutions, software-defined radios (SDRs), machine vision cameras, low-end wireless backhaul, any-to-any connectivity, sensor fusion, and embedded vision applications. Significantly, leading companies strategically prioritize the development of FPGAs within the 22/28-90 nm node size, responding to increased demand from end users. This emphasizes the enduring importance of these FPGAs in addressing the evolving needs of diverse industries, reinforcing their crucial role in the dynamic landscape of the FPGA market.
SRAM segment in technology to the highest market share of the FPGA market during the forecast period
SRAM's role in sequential logic circuits is pivotal, enhancing speed and efficiency by providing quick access times. As FPGAs find diverse applications in industries like telecommunications, automotive, and aerospace, SRAM's adaptability becomes crucial in meeting the varied demands of these sectors.
The incorporation of SRAM into FPGAs establishes it as a cornerstone for the market's growth, catering to the evolving needs of industries relying on FPGA technology. FPGAs commonly utilize SRAM technology for easy reconfiguration based on specific application needs. This facilitates testing new FPGA designs against existing standards, with SRAM-based FPGAs enabling logic implementation through look-up tables (LUT) and embedded RAM blocks. Their global popularity stems from the ease of control, routing, and configuring switches.
Data-center and computing segment to account for largest CAGR of the FPGA market during the forecast period.
The surge in data center adoption presents substantial opportunities for the FPGA market. With escalating data processing demands, FPGAs, renowned for high-performance capabilities, are pivotal for accelerating tasks like machine learning and artificial intelligence.
The imperative for real-time processing in applications such as financial trading aligns seamlessly with FPGAs' low latency and real-time computational prowess, underscoring their growing importance in data center infrastructure. The adaptability of FPGAs to evolving technologies ensures their future relevance, offering a future-proof solution. As data centers increasingly prioritize hardware acceleration, edge computing, network function virtualization, security enhancements, and cost optimization, FPGAs emerge as indispensable components integral to the dynamic landscape of data-driven applications.
FPGA Market Share & Growth
The FPGA market in the Asia Pacific is estimated to grow at a higher CAGR during the forecast period.
The escalating number of data centers in the Asia Pacific region is poised to accelerate the growth of FPGAs in the region. This is driven by the increasing demand for high-performance computing, data processing, and efficient networking solutions within data center infrastructures.
FPGAs, with their adaptability and ability to handle complex tasks, are well-suited for the dynamic and evolving requirements of modern data centers. As businesses and industries across the Asia Pacific continue to invest and collaborate in robust data center infrastructure, the demand for FPGAs is expected to witness a concurrent upsurge.
The Asia Pacific market is experiencing growth driven by an increasing demand for high-speed broadband services and mobile devices, particularly among consumers in China and India. Furthermore, the anticipated expansion of telecommunication and data center networking infrastructure is expected to further propel the FPGA market in the Asia Pacific region in the coming years.
FPGA Market Statistics by Region
To know about the assumptions considered for the study, download the pdf brochure
Top FPGA Companies - Key Market Players
Major vendors in the FPGA compnies include Advanced Micro Devices, Inc. (Formerly Xilinx, Inc.) (US), Intel Corporation (US), Microchip Technology Inc., (US), Lattice Semiconductor Corporation (US), Achronix Semiconductor Corporation (US), QuickLogic Corporation (US), Efinix, Inc. (US), FlexLogix (US), GOWIN Semiconductor Corporation (China), and S2C (China). Apart from this, AGM Micro (China), Shanghai Anlu Information Technology Co., Ltd. (China), Shenzhen Ziguang Tongchuang Electronics Co., Ltd. (China), Xi'an Zhiduoji Microelectronics Co., Ltd. (China), Renesas Electronics Corporation (Japan), LeafLabs, LLC (US), Aldec, Inc. (US), ByteSnap Design (UK), Enclustra (Switzerland), EnSilica (UK), Gidel (US), Nuvation Engineering (US), EmuPro Consulting Private Limited (India), iWave Systems Technologies Pvt. Ltd. (India), and Mistral Solutions Pvt. Ltd (India) is among a few emerging companies in the FPGA market.
FPGA Market Report Scope
Report Metric |
Details |
Estimated Market Size | USD 12.1 billion |
Projected Market Size | USD 25.8 billion |
FPGA Market Growth Rate | CAGR of 16.4% |
Market size available for years |
2020—2029 |
Base year |
2023 |
Forecast period |
2024—2029 |
Segments covered |
Configuration, Node-Size, Technology, FPGA and eFPGA market size, Vertical, and Region |
Geographic regions covered |
North America, Europe, Asia Pacific, and RoW |
Companies covered |
The major players include Advanced Micro Devices, Inc. (Formerly Xilinx, Inc.) (US), Intel Corporation (US), Microchip Technology Inc., (US), Lattice Semiconductor Corporation (US), Achronix Semiconductor Corporation (US), QuickLogic Corporation (US), Efinix, Inc. (US), |
FPGA Market Highlights
This research report categorizes the FPGA market based on Configuration, Node Size, Technology, FPGA and eFPGA market size, Vertical, and Region
Segment |
Subsegment |
By Configuration: |
|
By Node-Size: |
|
By Technology: |
|
By Size: |
|
By Vertical: |
|
By Region: |
|
Recent Developments in FPGA Industry
- In December 2023, Lattice Semiconductor (US) launched the Lattice CrossLinkU-NX FPGA family, introducing the industry's first FPGAs with integrated USB device functionality. These FPGAs enhance USB-equipped system designs, improve thermal management, and offer reference designs. Designed for various markets, they simplify USB-based design for applications in the Computing, Industrial, Automotive, and Consumer sectors, aligning with the growing need for efficient AI and vision applications.
- In June 2023, Intel Corporation (US) announced a partnership with Taiwan Semiconductor Manufacturing Company Limited (Taiwan), providing products for various applications covering a variety of end markets, including high-performance computing and smartphones, to manufacture chips for Intel’s high-performance computing and graphics products. The partnership will help Intel reduce its reliance on external foundries.
- In June 2023, Microchip Technology Inc. (US) announced the launch of the industry's first mid-range industrial edge stack, ready-to-customize cryptography and boot libraries of soft intellectual property (IP), and new tools to convert current FPGA designs to PolarFire devices are all announced as new development resources and design services to help with the transition.
Key Questions Addressed in the Report:
What is the total CAGR expected to be recorded for the FPGA market during 2024-2029?
The global FPGA market is expected to record a CAGR of 16.4% from 2024-2029.
Which regions are expected to pose significant demand for the FPGA market from 2024-2029?
Asia Pacific and North America are expected to pose significant demand from 2024 to 2029. Major economies such as US, Canada, China, Japan, and India are expected to have a high potential for the future growth of the market.
What are the major market opportunities in the FPGA market?
The growing interest in FPGAs for high-bandwidth devices is on the upswing, the increasing implementation of 5G communication infrastructure is on the rise, the expanding adoption of FPGAs within the military and aerospace sector is on the upward trajectory, and the widespread establishment of data centers globally is set to drive the adoption of FPGAs are the significant market opportunities in the FPGA market during the forecast period.
Which are the significant players operating in the FPGA market?
Key players operating in the FPGA market are Advanced Micro Devices, Inc. (Formerly Xilinx, Inc.) (US), Intel Corporation (US), Microchip Technology Inc., (US), Lattice Semiconductor Corporation (US), Achronix Semiconductor Corporation (US).
What are the major verticals of the FPGA market?
Telecommunications, Consumer Electronics, Test Measurement & Emulation, Data Center & Computing, Military & Aerospace, Industrial, Automotive, Healthcare, Multimedia, and Broadcasting are the major verticals of the FPGA market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
The research study involved the extensive use of secondary sources, directories, and databases (annual reports or presentations of companies, industry association publications, directories, technical handbooks, World Economic Outlook (WEO), trade websites, Hoovers, Bloomberg Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial study of the FPGA market. Primary sources mainly comprise several experts from the core and related industries, along with preferred suppliers, manufacturers, distributors, service providers, system providers, technology developers, alliances, and standards and certification organizations related to various phases of this industry’s value chain.
Secondary Research
Various secondary sources have been referred to in the secondary research process for identifying and collecting information important for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), geographic markets, and key developments from both market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.
Primary Research
In the primary research process, various primary sources from the supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts, such as CEOs, vice presidents, marketing directors, technology & innovation directors, and related key executives from key companies and organizations operating in the FPGA market across four major regions: North America, Europe, Asia Pacific, and RoW (the Middle East & Africa, South America). Primary data has been collected through questionnaires, e-mails, and telephonic interviews. Approximately 40% and 60% of primary interviews have been conducted from the demand and supply sides, respectively.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been used along with several data triangulation methods to perform market estimation and forecasting for the overall market segments and subsegments listed in this report. Key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. This entire procedure includes the study of annual and financial reports of the top market players and extensive interviews for key insights (quantitative and qualitative) with industry experts (CEOs, VPs, directors, and marketing executives).
In this approach, important players, such as Advanced Micro Devices, Inc. (Formerly Xilinx, Inc.) (US), Intel Corporation (US), Microchip Technology Inc., (US), Lattice Semiconductor Corporation (US), and Achronix Semiconductor Corporation (US) have been identified. After confirming these companies through primary interviews with industry experts, their total revenue has been estimated by referring to annual reports, SEC filings, and paid databases. Revenues of these companies pertaining to the business units (Bus) that offer FPGAs have been identified through similar sources. Industry experts have reconfirmed these revenues through primary interviews.
FPGA Market: Bottom-Up Approach
The bottom-up approach has been employed to arrive at the overall size of the FPGA market from the revenues of key players and their share in the market.
FPGA Market: Top-Down Approach
In the top-down approach, the overall market size has been used to estimate the size of the individual markets (mentioned in the market segmentation) through percentage splits from secondary and primary research. The most appropriate immediate parent market size has been used to implement the top-down approach to calculate the market size of specific segments. The top-down approach has been implemented for the data extracted from the secondary research to validate the market size obtained.
Each company’s market share has been estimated to verify the revenue shares used earlier in the supply-side approach. The overall parent market size and individual market sizes were determined and confirmed in this study by the data triangulation method and the validation of data through primaries. The data triangulation method used in this study is explained in the next section.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. The data triangulation procedure has been employed wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size has been validated using top-down and bottom-up approaches.
Market Definition
Field programmable gate array (FPGA) are semiconductor devices structured with a matrix of configurable logic blocks (CLBs) interconnected through programmable pathway. FPGA have the ability to be reprogrammed post-manufacturing according to specific application need, in contrast to Application-specific integrated circuits (ASIC), which are tailored for particular design function. While one time programmable (OTP) FPGA exit, the prevalent variants are based on Static random access memory (SRAM), which can be reprogrammed as per the design requirement. These FPGA are used in a range of industries such as telecommunication, consumer electronics, military and aerospace, industrial, automotive, data center, healthcare, multimedia, and broadcasting.
Key Stakeholders
- Original equipment manufacturers (OEMs)
- Providers of technology solutions
- Research institutes
- Market research and consulting firms
- Forums, alliances, and associations related to the FPGA market
- Technology investors
- Governments and financial institutions
- Analysts and strategic business planners
- Existing end users and prospective ones
- Business providers
- Professional service/solution providers
Report Objectives
- To define, describe, and forecast the FPGA market, by configuration, node size, technology, FPGA and eFPGA market size, vertical, and region, in terms of value
- To forecast the size of the market segments for four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To provide an ecosystem analysis, case study analysis, patent analysis, technology analysis, average selling price analysis, Porter’s Five Forces analysis, and regulations pertaining to the market
- To provide a detailed overview of the value chain of the FPGA ecosystem
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
- To analyze the opportunities in the market for stakeholders and describe the competitive landscape of the market
- To analyze competitive developments, such as collaborations, agreements, partnerships, and product developments in the market
- To analyze the impact of the recession on the FPGA market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 7)
Growth opportunities and latent adjacency in FPGA Market