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Field-Programmable Gate Array (FPGA) Market to Grow by USD 4.44 Billion (2024-2028), Boosted by High Adoption of Smartphones & Tablets, with Market Evolution Powered by AI – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global field-programmable gate array (FPGA) market size is estimated to grow by USD 4.44 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 8.09% during the forecast period. High adoption of smartphones and tablets globally is driving market growth, with a trend towards increased proliferation of IoT. However, cloning concerns in fpga design poses a challenge. Key market players include Achronix Semiconductor Corp., Advanced Micro Devices Inc., Berkshire Hathaway Inc., Broadcom Inc., Efinix Inc., Flex Logix Technologies Inc., GlobalSpec LLC, GOWIN Semiconductor Corp., Infineon Technologies AG, Intel Corp., iWave Systems Technologies Pvt. Ltd., Lattice Semiconductor Corp., Menta SAS, Microchip Technology Inc., NXP Semiconductors NV, QuickLogic Corp., Siemens AG, Silicon Creations, SoftBank Group Corp., and Synopsys Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Field-Programmable Gate Array (Fpga) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Decelerate at a CAGR of 8.09%

Market growth 2024-2028

USD 4438.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.32

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 76%

Key countries

China, South Korea, US, Japan, and Germany

Key companies profiled

Achronix Semiconductor Corp., Advanced Micro Devices Inc., Berkshire Hathaway Inc., Broadcom Inc., Efinix Inc., Flex Logix Technologies Inc., GlobalSpec LLC, GOWIN Semiconductor Corp., Infineon Technologies AG, Intel Corp., iWave Systems Technologies Pvt. Ltd., Lattice Semiconductor Corp., Menta SAS, Microchip Technology Inc., NXP Semiconductors NV, QuickLogic Corp., Siemens AG, Silicon Creations, SoftBank Group Corp., and Synopsys Inc.

Market Driver

The FPGA market is experiencing significant growth in the semiconductor industry, driven by the demand for configurable logic blocks and programmable interconnects. FPGAs are digital integrated circuits that offer customizable logic functions through programmable and reprogrammable programmable logic elements, including logic gates and flip-flops. This flexibility makes FPGAs ideal for various application categories, such as telecom, data processing centers, automotive, aerospace and defense, consumer electronics, and emerging technologies like artificial intelligence and machine learning. Key trends in the FPGA market include low power consumption, high compute density, and continuous evolution to meet the needs of OEMs and end-users. Flash-based FPGAs are gaining popularity due to their lower NRE costs and shorter turnaround times. FPGAs are being used in smart cities for deep packet inspection and network processing, as well as in wearables, handheld devices, mobile applications, cloud service providers, and telecom segment for 5G and hardware acceleration. The FPGA architecture is also being used in specialized expertise areas like driver safety, autonomous driving, infotainment, and cockpit applications. The telecom sector, data processing applications, and application-specific integrated circuits (ASICs) are also significant markets for FPGAs. The FPGA market is expected to grow further due to the increasing demand for low power consumption, high-performance computing, and longer design cycles in various industries. 

The Internet of Things (IoT) market encompasses a vast array of applications, from smart consumer electronics to wearables and automobiles. For individuals, IoT offers affordable and efficient devices to streamline daily tasks. Businesses, on the other hand, can benefit from optimized automation processes, improved inventory management, enhanced energy efficiency, and heightened security. In 2020, over 8.5 billion IoT devices were in use globally, with this number projected to exceed 25 billion by 2030. Designers face challenges in implementing IoT solutions, including power efficiency, compatibility with inadequate interfaces, and the need to accommodate future growth and performance demands. 

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Market Challenges

The FPGA market is thriving in the semiconductor industry, offering configurable logic blocks and programmable interconnects as alternatives to Integrated Circuits (ICs) like PROM, ASIC, EEPROM, SRAM, Flash, and EPROM. FPGAs are programmable and reprogrammable, making them customizable for various logic functions and digital signal processing applications. The telecom sector, smart cities, and emerging technologies such as deep packet inspection, network processing, security, and 5G are major application categories driving the market. Mid-range FPGAs are popular for wearables, handheld, and mobile applications, while flash-based FPGAs cater to high-performance computing and data processing centers. OEMs in automotive, aerospace and defense, consumer electronics, and emerging technologies like artificial intelligence, machine learning, and the Internet of Things rely on FPGAs for hardware acceleration. The FPGA architecture’s low power consumption and high compute density make it ideal for remote work, online learning, telemedicine, and cloud service providers. Continuous evolution, lower power consumption, and shorter design cycles are key advantages, making FPGAs a valuable investment for businesses.FPGA market competition is intensifying, with manufacturers focusing on protecting their intellectual property. FPGA designs are easily replicable, leading vendors to implement Physical Unclonable Functions (PUFs) since 2002. PUFs are one-way functions added to the production process, creating unique outputs that are challenging to replicate. Altera, for instance, offers Stratix chips with side-channel attack protection through an on-chip service device manager. These advancements enable FPGA manufacturers to provide innovative technology while safeguarding their intellectual property.

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Segment Overview

This field-programmable gate array (fpga) market report extensively covers market segmentation by

Type 1.1 High-end FPGA1.2 Mid-end FPGA1.3 Low-end FPGAApplication 2.1 Telecommunication2.2 Industrial2.3 Automotive2.4 Consumer electronics2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 High-end FPGA- High-end FPGAs, featuring millions of logic cells, have expanded their application beyond telecommunications to military and broadcast industries. Intel’s Stratix series, such as the Stratix-II, offers advanced security features like bitstream encryption for design protection. Vendors like Intel and Xilinx are launching new high-end FPGAs to meet growing demand. Security concerns are driving the high-end FPGA market, with Stratix-II’s encryption being a notable example. These developments are expected to significantly contribute to the global FPGA market growth during the forecast period.

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Research Analysis

The Field-Programmable Gate Array (FPGA) market refers to the business sector focused on designing, manufacturing, and selling FPGAs, which are digital integrated circuits that can be programmed and reprogrammed to implement custom logic functions. FPGAs consist of configurable logic blocks and programmable interconnects, allowing for high compute density and low power consumption. They are used in various applications, including deep packet inspection, network processing, security, and digital signal processing, among others. FPGAs offer customizability and flexibility, making them suitable for wearables, handheld devices, mobile applications, cloud service providers, and more. Unlike Programmable Read-Only Memories (PROM), FPGAs are programmable and reprogrammable, making them more versatile than Application-Specific Integrated Circuits (ASICs), EPROMs, EEPROMs, SRAMs, Flash, and other memory types. FPGAs are essential for data processing applications due to their high performance and ability to implement complex logic functions using programmable logic elements, including logic gates and flip-flops.

Market Research Overview

The Fpga market is a dynamic segment of the semiconductor industry, characterized by its configurable logic blocks and programmable interconnects. FPGAs are integrated circuits that offer the flexibility of a Programmable Read-Only Memory (PROM), Application-Specific Integrated Circuits (ASIC), Electrically Erasable Programmable Read-Only Memory (EEPROM), Static Random Access Memory (SRAM), Flash, or Erasable Programmable Read-Only Memory (EPROM), but with the added benefit of being programmable and reprogrammable. FPGAs consist of programmable logic elements, including logic gates and flip-flops, that can be customized to perform various logic functions, digital signal processing, and data processing applications. The market caters to diverse industries, including telecom, smart cities, wearables, handheld, mobile applications, cloud service providers, and more. FPGAs are integral to network processing, deep packet inspection, security, and other applications due to their low power consumption, high compute density, and continuous evolution. The telecom sector, automotive, aerospace and defense, consumer electronics, and emerging technologies such as artificial intelligence, machine learning, and the Internet of Things, all benefit from FPGAs. Mid-range FPGAs are increasingly popular, and flash-based FPGAs are gaining traction. The semiconductor industry’s longer design cycles and the need for specialized expertise contribute to the market’s growth. Applications in high-performance computing, antifuse, data processing, telecom segments, and 5G further expand the market’s potential.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeHigh-end FPGAMid-end FPGALow-end FPGAApplicationTelecommunicationIndustrialAutomotiveConsumer ElectronicsOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Systech Launches UniSecure artAI, an AI-Powered Authentication Solution for the Life Sciences and Pharmaceutical Industries

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DOWNERS GROVE, Ill., Feb. 26, 2025 /PRNewswire/ — Systech, part of Markem-Imaje and Dover and a leading provider of digital identification and traceability software solutions, today announced the launch of UniSecure artAI™, a transformative AI-powered authentication solution designed to safeguard brands, ensure packaging quality and protect patients. As a fully cloud-based Software as a Service (SaaS) solution, artAI leverages existing packaging artwork and AI applications — like machine vision, machine learning and neural networks — to deliver real-time results and forensic analytics that help combat critical challenges for life sciences companies and pharmaceutical brands. 

“We are thrilled to introduce artAI, a ground-breaking offering that underscores our commitment to providing cutting-edge solutions to challenges ranging from counterfeiting and diversion to upholding the highest level of quality,” said Sreedhar Patnala, General Manager, Systech. “artAI enables brands to quickly identify and resolve issues and roll out packaging quality checks and counterfeit protection at scale. It is easy to use, does not require packaging changes, can be deployed rapidly and provides immediate value.”

Counterfeit medicine trafficking is one of the world’s fastest-growing criminal enterprises, with the illicit, fraudulent or substandard drug market generating up to an estimated $432 billion each year, according to the National Institutes of Health. Brands also face the challenge of false counterfeits due to flaws in packaging quality inspection. artAI serves dual functionality by enabling detection of these issues before the product is shipped and delivering corrective analytics for quality control.

artAI uses advanced machine vision and machine learning to create a digital blueprint of key packaging artwork features, enabling precise verification and quality inspection through pattern recognition. The solution includes an easy-to-use mobile application for simple product scanning and a robust forensic platform to quickly get to the root of the problem. With advanced analytics and reporting, artAI significantly reduces the resources required to identify and resolve critical issues.

Key benefits:

Fast deployment & real-time detection: Uses existing packaging to inspect products immediately; no hardware integration required.Unparalleled forensic intelligence: AI-powered forensic tools and reporting provide extensive data to investigate packaging issues and supply chain threats while providing actionable, robust analytics.Retroactive & proactive protection: Products already in the marketplace are automatically protected under the brand protection program, while production inline applications for quality inspection provide coverage before products are shipped.Carbon footprint reduction: A centralized platform removes the need to ship physical samples or deploy additional forensic resources.

With artAI, brand protection and quality assurance teams can digitize processes, significantly reduce resources and enable rapid return on their investment while keeping patients safe. For more information about artAI, please visit systechone.com.

About Systech:

Systech provides digital identification and traceability solutions that establish essential product data, ensure digital connectivity, and enable real-time insights on the packaging line and throughout the supply chain. With decades of experience in pharmaceutical packaging execution and serialization, Systech offers comprehensive, easily configured, turnkey software solutions with reliable implementation and expert support. Global brands across industries rely on Systech’s platform to help them achieve their objectives in compliance, resiliency, sustainability, and digital transformation. Systech is a leading brand of Markem-Imaje®, a global product identification, packaging intelligence, and connected product solutions provider and a part of Dover Corporation. Visit www.systechone.com for further information.

About Markem-Imaje:

Markem-Imaje, a wholly owned subsidiary of the US-based Dover Corporation is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, and print and apply label systems. Markem-Imaje provides global reach to over 50,000 customers with 30 subsidiaries, 6 technology centers, several equipment repair centers and manufacturing plants with the most comprehensive marking and coding portfolio available in the marketplace. Visit www.markem-imaje.com for further information.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.

Systech Contact:
Jim Waters
(609) 395-8400
pr@systechone.com

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover

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OUTFRONT Media Chief Financial Officer Matthew Siegel to Participate in the Morgan Stanley Technology, Media & Telecom Conference

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NEW YORK, Feb. 26, 2025 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today that Matthew Siegel, Executive Vice President and Chief Financial Officer, is scheduled to present at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 3, 2025 at 7:05 p.m. Eastern Time. A live and replay audio webcast will be available on the investor relations section of the Company’s website at www.outfront.com

About OUTFRONT Media Inc.
OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in the United States. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.

Contacts:

Investors

Media

Stephan Bisson

Courtney Richards

Investor Relations

Communications & Event Manager

(212) 297-6573

(646) 876-9404

stephan.bisson@outfront.com 

courtney.richards@outfront.com 

 

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SOURCE OUTFRONT Media Inc.

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Connecticut Innovations to Host Talent Fair to Connect Local Students with Startups

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Opportunity for local students eager to join Connecticut’s entrepreneurial ecosystem to engage and network with the state’s most innovative startups

NEW HAVEN, Conn., Feb. 26, 2025 /PRNewswire-PRWeb/ — Connecticut Innovations (CI), Connecticut’s strategic venture capital arm, will host its first talent fair on Thursday, February 27, 2025, from 1:00 p.m. to 4:30 p.m., at District New Haven, to connect a select group of its portfolio companies with top talent from surrounding universities.

Students who attend the fair will hear from a panel of early-stage founders, network with CI portfolio companies actively hiring Connecticut-based talent, and participate in activities, including career development workshops, local giveaways and professional headshot sessions.

The afternoon will also feature interactive booths from the CI companies and a keynote address from Dr. Laurie Santos, a Yale University professor and founder/host of The Happiness Lab podcast, which is based on the psychology class she teaches, the most popular class in the university’s 300-year history.

“We’re excited to offer this great opportunity for local students to engage directly with some of the most promising new companies in our state,” said Bo Bradstreet, talent acquisition director at Connecticut Innovations. “We look forward to helping to create connections that will enhance Connecticut’s innovation ecosystem.”

Who should attend the talent fair? Undergraduate and graduate students interested in becoming part of Connecticut’s dynamic startup community, or those interested in entrepreneurship, innovation or venture capital, are encouraged to attend. For more information and a list of CI companies participating in the fair, visit here.

To register, visit here. Admission is free.

About Connecticut Innovations:
Connecticut Innovations (CI) is Connecticut’s strategic venture capital arm and is the leading source of financing and ongoing support for innovative, growing companies. By offering equity and debt investments, strategic guidance and introductions to valuable partners, we help promising businesses to thrive. For more information, please visit http://www.ctinnovations.com.

Media Contact

Lauren Carmody, Connecticut Innovations, 203.232.2022, Lauren.Carmody@ctinnovations.com, https://ctinnovations.com

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SOURCE Connecticut Innovations

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