TechDogs-"Global FPGA Market Trends To 2028: Rising Adoption Of FPGAs In Data Centers For AI/Ml Processing To Drive Market Over Forecast Period"

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Global FPGA Market Trends To 2028: Rising Adoption Of FPGAs In Data Centers For AI/Ml Processing To Drive Market Over Forecast Period

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DUBLIN, Aug. 2, 2023 /PRNewswire/ -- The "FPGA Market by Configuration, Technology, Node Size, Vertical and Region - Global Forecast to 2028" report has been added to's offering.

The FPGA market, valued at USD 9.7 billion in 2023, is projected to reach USD 19.1 billion by 2028, growing at a CAGR of 14.6% during the forecast period.

The increasing number of data centers and high-performance computing (HPC) facilities is one of the major drivers fueling the growth of the FPGA market. As data centers become integral to various industries and HPC becomes more prevalent, the demand for FPGAs has significantly risen. Their capacity for high-speed data processing and low-latency connections to storage systems and networks make them indispensable in these environments.

Low-End FPGAs and SRAM-Based FPGAs Dominate the Market

The low-end FPGAs segment is expected to hold the largest share during the forecast period due to their improved power efficiency and effective processing while minimizing battery usage. These FPGAs are widely used in battery-operated systems, IoT devices, and portable gadgets.

Among the FPGA technologies, SRAM-based FPGAs are projected to hold the largest share during the forecast period. These FPGAs employ complementary metal-oxide-semiconductor (CMOS) technology without requiring additional process steps, making them more efficient and versatile.

Telecommunication Application Segment Witnesses Largest Share

The telecommunication application segment is expected to witness the largest share during the forecast period. The use of FPGAs in telecom and networking applications has been rapidly growing due to their interfacing and control functionality. With the rise in the number of internet users and network infrastructure providers worldwide, the demand for FPGAs in this sector is expected to continue increasing.

North America and China Lead the Way

North America is expected to have the second-largest market size during the forecast period. The region's growing data center industry, especially in countries like the US, Canada, and Mexico, has driven the demand for FPGAs.

China is set to register the highest CAGR from 2023 to 2028 in the FPGA market. The deployment of 5G communication infrastructure and increasing penetration of EFPGAs into the military and aerospace industry are key factors driving the market in China.

Key Players in the FPGA Market

The report profiles key players in the FPGA market, including Intel Corporation (US), Advanced Micro Devices (Xilinx, Inc.) (US), Lattice Semiconductor Corporation (US), Microchip Technology Inc. (US), Achronix Semiconductor Corporation (US), among others.

The FPGA Market - Global Forecast to 2028 report offers valuable insights to market leaders and new entrants, providing information on revenue projections, competitive landscape, drivers, restraints, opportunities, and challenges influencing market growth.

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2023 - 2028

Estimated Market Value (USD) in 2023

$9.7 Billion

Forecasted Market Value (USD) by 2028

$19.1 Billion

Compound Annual Growth Rate

14.6 %

Regions Covered


Key Topics Covered:

Premium Insights

  • Attractive Opportunities for Players in FPGA Market - Rising Deployment of FPGAs in Data Centers for AI/Ml Processing
  • FPGA Market, by Configuration - Low-End FPGA Segment to Dominate FPGA Market in 2028
  • FPGA Market, by Node Size - 20-90 Nm Segment to Witness Significant Growth in 2028
  • FPGA Market, by Technology - SRAM Segment to Dominate Market in 2028
  • FPGA and EFPGA Market Size -EFPGA Market to Exhibit Higher CAGR During Forecast Period
  • FPGA Market, by Vertical - Data Center & Computing Segment to Record Highest CAGR from 2023 to 2028
  • FPGA Market, by Country -China FPGA Market to Register Highest CAGR from 2023 to 2028

Market Dynamics

  • Drivers
    • Increased Adoption of Artificial Intelligence and Internet of Things Technologies in Various Applications
    • Integration of FPGAs into Advanced Driver Assistance Systems 
    • Increasing Number of Data Centers and High-Performance Computing Facilities
    • Growing Need for FPGA Hardware Verification of Avionics
    • Higher Efficiency of Field-Programmable Gate Arrays (FPGAs) Compared with Application-Specific Integrated Circuits (Asics)
  • Restraints
    • Security Concerns Associated with FPGAs
  • Opportunities
    • Rising Demand for FPGAs in High-Bandwidth Devices
    • Surging Deployment of 5G Communication Infrastructure
    • Increasing Penetration of EFPGAs into Military & Aerospace Industry
  • Challenges
    • Lack of Improved and Standardized Verification Techniques
    • Highly Complex Programming

Case Study Analysis

  • Digibird's Cost-Effective Distributed Audiovisual (Av) Solution Equipped with Xilinx's Kintex Series FPGA
  • Newtouch's Fourth-Generation Large-Scale Prototyping System Equipped with Xilinx's FPGA
  • Bytesnap and Glorious Labs Developed Creative FPGA Design Solution for Social 360 Camera
  • Technical University of Berlin Developed Software-Defined Radio (SDR) System Using Gidel's FPGA Platform
  • Avionics Equipment Supplier Developed Aerospace-Compliant FPGA Design Using I.T. Dev Limited's FPGA Design Process

Company Profiles

  • Advanced Micro Devices, Inc. (Formerly Xilinx, Inc.)
  • Achronix Semiconductor Corporation
  • AGM Micro
  • Aldec, Inc.
  • Bytesnap Design
  • Efinix, Inc.
  • Enclustra
  • Ensilica
  • Emupro Consulting Private Limited
  • Flexlogix
  • Gowin Semiconductor Corporation
  • Gidel
  • Intel Corporation
  • Iwave Systems Technologies Pvt. Ltd.
  • Lattice Semiconductor Corporation
  • Leaflabs, LLC
  • Microchip Technology Inc.
  • Mistral Solutions Pvt. Ltd.
  • Nuvation Engineering
  • Quicklogic Corporation
  • Renesas Electronics Corporation
  • S2C
  • Shanghai Anlu Information Technology Co. Ltd.
  • Shenzhen Ziguang Tongchuang Electronics Co. Ltd.
  • Xi'An Zhiduojing Microelectronics Co. Ltd.

For more information about this report visit

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SOURCE Research and Markets

First published on Thu, Aug 3, 2023

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