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. Increased demand customizable ICs coupled with rising demand from application areas is expected to propel the industry growth over the forecast period.
Asia Pacific FPGA market size by application, 2012-2022 (USD Million)
View attachment 16980
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. Moreover, operators are turning towards green solutions to reduce energy-related expenses and increase overall operational efficiency.
Growing amount of integrated circuits in vehicles is expected to be the key driving force for the automotive segment. In addition, favorable regulatory norms for electric as well as hybrid vehicles to reduce carbon emissions are expected to positively impact demand. It accounted for over 17% of the total FPGA market share in 2014 and is anticipated to grow at a CAGR of over 8.5% from 2015 to 2022.
Asia Pacific FPGA market size by application, 2012-2022 (USD Million)
View attachment 16980
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. Moreover, operators are turning towards green solutions to reduce energy-related expenses and increase overall operational efficiency.
Growing amount of integrated circuits in vehicles is expected to be the key driving force for the automotive segment. In addition, favorable regulatory norms for electric as well as hybrid vehicles to reduce carbon emissions are expected to positively impact demand. It accounted for over 17% of the total FPGA market share in 2014 and is anticipated to grow at a CAGR of over 8.5% from 2015 to 2022.
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