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FPGA Market size expected to reach USD 9.98 billion by 2022, to grow at a CAGR of 8.4% from 2015 to 2022

Field programmable gate array (FPGA) market size was valued at USD 5.27 billion in 2014 and is expected to grow at a CAGR of 8.4% from 2015 to 2022; according to a new research report by Global Market Insights, Inc.

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FPGA Market size expected to reach USD 9.98 billion by 2022, to grow at a CAGR of 8.4% from 2015 to 2022

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  1. FPGA Market size expected to reach USD 9.98 billion by 2022, to grow at a CAGR of 8.4% from 2015 to 2022: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Field Programmable Gate Array Market: • Consumer electronics application was responsible for revenue of USD 650 million in 2014 and is predicted to grow at 8.9% CAGR from 2015 to 2022. Rising prominence of smart devices such as mobile phones, tablets and MP3 players are the major growth drivers. • Telecom sector is anticipated to witness substantial growth prospects owing to high flexibility. The segment is estimated to grow at 9% CAGR to account for over 34% of the FPGA market share by 2022. • Asia Pacific FPGA market was valued at over USD 2 billion in 2014. Growth in the region can be attributed to rising application in numerous sectors such as consumer electronics, industrial and automotive across India, Japan, China, and South Korea.

  3. Continued... • Europe is projected to grow at 7.7% CAGR over the forecast timeline. Favorable regulatory landscape for road safety is likely to drive regional demand. • Key participants accounting for FPGA market share include Xilinx, Intel Corporation, Achronix Semiconductor, Atmel, and Cypress Semiconductor. Other prominent players are Lattice Semiconductor, Texas Instruments, & Microsemi. • Industry participants focus on technology advancements as well as new product development which describes the FPGA market scenario. For instance, Intel Corp. announced Intel Atom processor Z3700 series in July 2014.

  4. Asia Pacific FPGA market size by application, 2012-2022 (USD Million)

  5. Browse Full Market Research Report Field Programmable Gate Array Market@ https://www.gminsights.com/industry-analysis/field-programmable-gate-array-fpga-market-size Request for a Sample of this Research report @ https://www.gminsights.com/request-sample/detail/156

  6. 360° Analysis • Application Analysis • Telecomm sector accounted for more than 33% of the overall FPGA market share in 2014 and is expected to continue its dominance over the next seven years. This can be mainly attributed to high bandwidth demand for video applications. Increasing usage in base stations in updating from 3G to LTE networks is also likely to surge the demand. • Regional Analysis • Asia Pacific FPGA market size was valued at around USD 2.1 billion in 2014 and is expected to exceed USD 4.2 billion till 2022. This is due to the presence of countries such as China, Japan, South Korea, India, and Taiwan, which contribute significantly to consumer electronics and automotive consumption. • U.S. FPGA market share accounted for over 25% of the total revenue in 2014. Heavy investment in innovation for military and aerospace applications, along with developments in the telecommunication sector is expected to drive regional growth over the forecast period. • Competitive Market Share • Xilinx Inc., Altera Corporation, and Lattice Semiconductor are the leading manufactures and accounted for more than 80% of the global FPGA market share in 2014. Other companies include Tabula, Microsemi Corporation, Achronix, QuickLogic and Cypress Semiconductors.

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