According to a new report, the global field programmable gate array (FPGA) market was valued at US$7.87 billion in 2022 and is expected to reach US$14.16 billion in 2028. FPGAs are integrated circuits that can be programmed after they have been manufactured, providing users with the ability to tailor their devices to their specific needs. The demand for FPGAs is driven by the rising demand for these devices in numerous applications, including infotainment systems, speech recognition, and machine vision systems. The increasing demand for high-performance computing and data processing is also a key driver of the FPGA market.
