Field-programmable Gate Array (fpga) Market Size Is Set To Grow By Usd 4.43 Billion From 2024-2028, High Adoption Of Smartphones And Tablets Globally Boost The Market, Technavio

The global field-programmable gate array (FPGA) market is expected to grow at a CAGR of over 8.09% from 2024-2028, driven by the high adoption of smartphones and tablets and the increasing proliferation of IoT. However, concerns about cloning in FPGA design pose a challenge. Key market players include Achronix Semiconductor Corp., Advanced Micro Devices Inc., Berkshire Hathaway Inc., Broadcom Inc., Efinix Inc., and more. The Internet of Things (IoT) market is a major driver for FPGA growth, with its wide range of applications and expected growth to 25 billion active devices by 2030.