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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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Introducing Cultura: The Marketplace of Human Creativity

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CAMBRIDGE, Mass., Feb. 26, 2025 /PRNewswire/ — Today, we are thrilled to announce the launch of Cultura, a groundbreaking platform that redefines how creativity is valued and monetized in an era dominated by artificial intelligence. As AI increasingly commoditizes products and services, one element remains irreplaceable: authentic human connection and creativity. With Cultura, we recognize that in this age of AI abundance, human creativity is the most valuable asset, whether it’s a song, story, artwork, brand or idea, and we have built a platform to power this $62 Trillion global market. Cultura has been under development for the last year and is backed by Spaceport a leader at the intersection of IP and Web3 since 2022

“Cultura represents a bold new chapter for the creative world —one where the power of human ingenuity and intellectual property are fully recognized, rewarded and protected,” said Le Zhang, Cultura core team. “It’s exciting to finally tell the story of Cultura and our Proof-of-Rights technology, which was born from deep conversations with developers, creators and owners of globally loved brands. Many creators have questioned their roles in our future and it’s leaving them uneasy. We believe we’re unlocking unprecedented opportunities for them to unlock, secure, and monetize their creative assets on a global scale. This is a testament to our belief that in an AI-driven era, creativity remains our most valuable asset.”

Cultura is an EVM-equivalent blockchain network designed to address one of today’s most critical challenges: digitizing creative asset rights. Our innovative Proof of Rights Protocol establishes a secure and transparent system, which, in combination with Decentralized IDs to prove human authorship, allow creators and brands to safely store, validate, and monetize their work.

Imagine a digital ecosystem that combines the rigor of a global copyright office with the access of today’s decentralized marketplaces, a platform where creative ownership becomes a secure and financially rewarding asset. This will revolutionize monetization of creative assets, allowing developers to transform those assets into dynamic applications with features like composability, automated royalty flows and direct integration into ecommerce.

Built on Optimism’s OP Stack, Cultura inherits Ethereum‘s robust security while minimizing transaction fees and overhead. Integrated with the Optimism Superchain ecosystem, the network will offer seamless cross-chain interoperability with established projects like Base from Coinbase, Ink from Kraken and Soneium from Sony, making it an ideal solution for a wide range of applications. Beyond the technology, our vision is to foster a purpose-driven community of creatives and developers.

“At Optimism, we’re incredibly excited to support Cultura as it addresses a critical gap in today’s digital economy. By providing a decentralized, secure, and transparent system for creative asset rights, Cultura is unlocking a massive market. With the strength of the Superchain behind it, Cultura is well-equipped to lead the transformation of how creativity is valued and traded,” said Urv Goel, VP and Head of Global Business Development at Optimism.

With over 500,000 artists and over 500 brands teed up for launch, Cultura is poised to become the premier hub to unleash and monetize creative assets. Our flagship on-chain licensing solution, exemplified by the Spaceport Smart Licenses, has already facilitated over 3,000 commercialized agreements with prominent names such as Threadless, Toei Animation, and Roblox.

“Investing in Spaceport, the team behind Cultura, was an exciting opportunity for our team as we see this is a greenfield opportunity attempting to revolutionize an entire tech sector. Their innovative approach to digitizing and monetizing creative assets, combined with the founding team’s domain expertise solidified our excitement in supporting this endeavor. We are excited to back a project that not only reimagines the creative economy but also paves the way for a future where human creativity is rightfully celebrated.” said David Nage, Portfolio Manager, Arca.

A key component of our strategy is the cultivation of a robust developer ecosystem. Cultura offers comprehensive, developer-friendly tools and documentation designed to seamlessly integrate our technology into both on-chain dApps and off-chain platforms like Roblox. Leveraging cutting-edge blockchain technology, decentralized ID’s, and the Proof-of-Rights protocol for on-chain licensing, incredible opportunities could emerge for developers ranging from games, marketplaces, RWA tokenization, and even DeFi applications. Cultura empowers developers, creators and brands to preserve, protect, and profit from their unique artistic vision.

Our approach is simple yet transformative: the value of any creative asset network is determined by the quality of the creative assets it houses. Partnering with the largest owners of creative assets and commercialization platforms immediately legitimizes and maximizes the value of our chain for builders and users alike. Supported by leading trade organizations and industry agencies, Cultura is uniquely positioned to bridge the gap between creative ingenuity and financial opportunity.

We invite creators, brands and developers to join us on this exciting journey. Together, we can unlock the true potential of human creativity and reshape the global landscape of intellectual property. Welcome to Cultura—where your creativity becomes your most valuable asset.

For more information, please visit https://www.cultura.xyz or contact:

About Cultura

Cultura is an EVM-equivalent blockchain network and economic framework built on Optimism’s OP Stack, designed to safeguard, elevate, and monetize human creativity in an AI-driven era. Leveraging an innovative Proof-of-Rights Protocol alongside Digital IDs and seamless cross-chain interoperability, Cultura transforms creative works into secure, monetizeable assets. Our platform empowers creators, brands, and developers worldwide—whether they’re building on-chain dApps or immersive off-chain experiences—to protect and capitalize on their intellectual property. With over 500,000 artists and 500+ brands already on board and thousands of live licensing agreements facilitated with industry leaders such as Threadless, Toei Animation, and Roblox, Project Cultura is revolutionizing the global creative economy. Cultura joins a growing list of pro-human protocols like Worldchain $WLD, Story Protocol $IP, and Mantra. Cultura is currently being developed by a global team of core contributors. 

For more information, visit https://www.cultura.xyz and x.com/projectcultura.

 

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TrueML Leadership Recognized at RMAI’s Annual Conference

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Kelly Knepper-Stephens, Chief Legal Officer at TrueML, received Receivables Management Association International’s President’s Award recognizing her years of contributions to the organization and Mark Ravanesi, CEO of TrueAccord, was named to RMAI’s 2025 Board of Directors

LENEXA, Kan., Feb. 26, 2025 /PRNewswire-PRWeb/ — Two leaders in the TrueML Technologies d/b/a/ TrueML family recently received recognition from the Receivables Management Association International (RMAI) at its Annual Conference. Kelly Knepper-Stephens, Chief Legal Officer at TrueML, received the President’s Award recognizing her years of contributions to the organization and Mark Ravanesi, CEO of TrueAccord, was named to RMAI’s 2025 Board of Directors.

“The work RMAI does for the debt collection industry and its members is critical to building a better financial lifecycle for businesses and consumers, especially its ever-evolving certification standards,” said Kelly Knepper-Stephens, Chief Legal Officer, TrueML.

TrueML is a parent portfolio company pursuing innovative solutions to revolutionize the financial services industry through its subsidiaries TrueAccord, an industry leader in debt collection, and TrueML Products, a financial technology software company developing machine learning-driven SaaS products that enable intelligent, digital communication including in the debt collection space.

RMAI’s President’s Award recognized Knepper-Stephens for her outstanding contributions to committee goals and innovative ideas helping further the success of RMAI and its membership. Knepper-Stephens has served on the RMAI board since 2017 and chaired the Education Committee, the Legislative Fund Committee, the Editorial & Social Media Committee, the Federal Legislative Committee, and was instrumental in forming the DEI Task Force (now the DEIB Committee). She is a regular speaker at RMAI events and on webinars, and has made countless appearances in Washington D.C. representing RMAI and advocating for the industry during pivotal regulatory developments as government affairs counsel for TrueAccord, especially around the use of digital communications in debt collection.

“The work RMAI does for the debt collection industry and its members is critical to building a better financial lifecycle for businesses and consumers, especially its ever-evolving certification standards,” said Knepper-Stephens. “As technology and regulatory advancements continue to evolve and open new doors for innovation, I’m honored to receive the President’s Award for work that I believe is so important to the future of our industry.”

At the same conference, RMAI announced the election of Ravanesi to their 2025 Board of Directors in the certified third-party collection agency seat. His experience in the industry began on the phones as a collector in 1998, moving on to hold leadership roles with major originating creditors across the U.S. and internationally over the next 15 years. As CEO of TrueAccord, the trusted leader in third-party debt collection that leverages data science and technology for better consumer engagement, his focus has been on investing in the next generation of receivables management leaders, driving innovation, delivering outstanding results for clients, and advocating for fair practices at the consumer, state, and federal levels.

“As an RMAI board member, I will endeavor to champion new technologies and innovative practices, strengthen RMAI’s voice at both federal and state levels, and promote the development and delivery of resources,” said Ravanesi. “I look forward to creating positive shared outcomes for the association and our industry and working alongside other dedicated professionals with the same goal.”

Since 2013, TrueML’s family of companies has created financial technology solutions that prioritize customer experience and revolutionize consumers’ experience seeking financial health. TrueML’s artificial intelligence-based software is used by leading businesses across industries to communicate annually with more than 25 million consumers experiencing collections using a consumer-friendly, digital-first approach. To learn more about TrueML and its subsidiaries, visit www.TrueML.co, and follow the company on LinkedIn.

About TrueML

TrueML is a parent portfolio company pursuing innovative solutions to revolutionize the financial services industry.

About TrueAccord

TrueAccord is the trusted industry leader in third-party debt collection, leveraging data science and technology to deliver superior results and a best-in-class consumer experience.

Media Contact

Noelle Robillard, TrueML, 1 3054013467, press@trueml.co, www.trueml.co

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Tiger Pistol Releases Industry Benchmark Reports Highlighting the Power of Localized Social Advertising

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New Reports Reveal How Local Advertising Helps Multi-location Brands in the Restaurant, Home Service, Education, Beauty and Wellness, and Fitness Industries Outperform Facebook Benchmarks

CLEVELAND, Feb. 26, 2025 /PRNewswire/ — Tiger Pistol, the most advanced local advertising platform, today announced the release of five industry-focused benchmark reports, showcasing how localized social advertising helps brands in restaurants, home services, education, beauty and wellness, and fitness achieve stronger engagement and cost efficiencies compared to Facebook benchmarks.

Access the Benchmark Reports:

Beauty and Wellness Brands Benchmark ReportEducation Brands Benchmark ReportFitness Brands Benchmark ReportHome Service Brands Benchmark ReportRestaurant Brands Benchmark Report

As brands navigate an increasingly competitive digital landscape, broad national campaigns often fail to deliver the local relevance needed to drive in-store visits, customer engagement, and conversions. Tiger Pistol’s latest reports break down industry-specific performance data, demonstrating how franchise and multi-location businesses can scale localized advertising while reducing costs and improving results.

“Our latest benchmark reports show the undeniable impact of localized social advertising,” said Sarah Cucchiara, VP of Business Development at Tiger Pistol. “Brands that activate campaigns through local Facebook Business Pages consistently outperform national campaigns, achieving lower costs and higher engagement. With these insights, franchise and multi-location businesses can confidently implement scalable local advertising strategies that drive real business impact.”

What’s Inside the Reports?

How franchise and multi-location brands outperform Facebook’s national benchmarks with local social ads.Why localized campaigns drive stronger engagement and reduce wasted ad spend.Key performance trends across industries, including cost savings, conversion rates, and audience reach.

These reports equip industry leaders with the insights needed to optimize their advertising strategy and unlock the full potential of scalable local campaigns.

Unlock the Full Potential of Localized Advertising

“These reports reinforce what we’ve seen across industries: local relevance drives better results,” added Cucchiara. “Brands that equip their locations with scalable, brand-approved local campaigns gain a competitive edge while reducing wasted ad spend.”

Tiger Pistol’s industry benchmark reports are now available for free download. Franchise leaders, multi-location marketers, and industry professionals are encouraged to explore the insights and discover how scalable local advertising can drive stronger performance.

Access the reports by visiting Tiger Pistol’s website.

About Tiger Pistol

Tiger Pistol is a premier local advertising platform designed to streamline and simplify localized advertising through the power of automation. With a focus on three core pillars – scale, simplicity, and performance – Tiger Pistol helps franchises, multi-location brands, and marketing resellers efficiently manage and optimize digital advertising campaigns. The platform automates complex tasks, allowing users to effortlessly execute large-scale, locally relevant campaigns across top digital channels like Facebook, Instagram, TikTok, and Amazon. This automation not only enhances the ease of use but also drives superior advertising performance, making effective local marketing accessible to all levels of expertise. Learn more by visiting TigerPistol.com, or following on Twitter, Facebook, or LinkedIn.

CONTACT:

Christina Morello

 Director, Marketing and Communications

 christina.morello@tigerpistol.com 

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