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Download Free sampleThe global Field-Programmable Gate Array (FPGA) market was valued at 5271.85 Million USD in 2021 and will grow with a CAGR of 10.83% from 2021 to 2027, based on Research newly published report.
The prime objective of Field-Programmable Gate Array Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Field-Programmable Gate Array Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Field-Programmable Gate Array (FPGA) is a programmable integrated circuit (IC) or semiconductor device. The device could be reprogrammed as per preferred functionality or application requirement such as Application Specific Integrated Circuits (ASICs) that are function-specific. FPGAs offer several advantages such as rapid prototyping, easy debugging, low cost and lower the danger of product annihilation. Increasing need for customizable integrated is expected to drive the FPGA market. Growing demand for high performance IC designs and power efficient is expected to provide positive avenues to the market growth. Additionally, technological advancement in the telecom sector such as LTE and 3G technologies is estimated to favor the market growth.Xilinx is the global largest manufacturer in the Field-Programmable Gate Array (FPGA) industry, with the revenue share of 36% in 2018, followed by Intel, Microsemi, latTic, Achronix Semiconductor Corporation.The top 5 companies have a combined market share of 90% of the global total. Asia Pacific is world`s largest producer.
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