Field-programmable Gate Array (fpga) Market Set To Hit Usd 13.5 Billion By 2032, Riding On A Strong 7.8% Cagr

The global Field-Programmable Gate Array (FPGA) market is expected to reach a value of USD 13.5 billion by 2032, growing at a CAGR of 7.8% during the forecast period. FPGAs offer flexibility and high performance, making them ideal for a wide range of applications, including AI, machine learning, and IoT. The market is driven by the increasing demand for faster data processing and customizable hardware, and is expected to see significant growth in the low-range and SRAM segments.