According to the recent research report titled ‘North America Field Programmable Gate Array (FPGA) Market Size By Process Technology, Architecture, Configuration, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, North America field programmable gate array (FPGA) market is slated to grow substantially during the forecast period, reaching a valuation of USD 3.5 billion by the year 2026.
 

Rising investments in infrastructural development of data centers is primarily driving the growth of North America field programmable gate array market. For instance, Equinix, Inc., in June 2020, announced its plan for acquiring 13 data centers from Bell Canada. Previously, Google announced in February 2019 that it will make an investment amounting to USD 13 billion for the construction of data centers in the United States.
 

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Based on configuration type, high-range FPGA segment in North America field programmable gate array market is anticipated to record 34% CAGR over the assessment period owing to its exceptional features that enhances productivity, boosts processing speeds, and ensures better performance. Such devices are majorly utilized in domains that require high power consumption, like wireless applications, military & defense, and telecom servers among others.
 

Speaking of the application spectrum, North America field programmable gate array industry from automotive segment is likely to record 7% CAGR during the analysis period. The growth is attributable to surging demand for integration of infotainment systems and ADAS in vehicles. FPGA incorporation in automotive electronics provides improved display functions, core data acquisition, high-speed processing of data, and advanced safety.
 

Concentrating on constant research & development activities, leading organizations in the industry see product development & innovation as a profitable route for business growth. Major contenders impacting North America field programmable gate array market dynamics are Intel Corporation, Nuvation Engineering, Mistral Solutions Pvt. Ltd., Gidel, Inc., EnSilica, Cyient Ltd., ByteSnap Design Ltd., Aldec, Inc., Xilinx Inc., QuickLogic Corporation, Microsemi Corporation, Lattice Semiconductor Corporation, Flex Logix Technologies, Inc., Efinix, Inc., Cobham Ltd., and Achronix Semiconductor Corporation.