April 01, 2021
As cited by the business intelligence 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 valuation is expected to surpass USD 3.5 billion mark by the year 2026.
Industry experts cite that rising public as well as private investments towards infrastructural development of data center establishments are spurring North America field programmable gate array (FPGA) market growth.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3001284/
Further, technological advancements, strategic alliances such as acquisitions and mergers, and innovative product launches by market moguls are adding substantial traction to the industry growth.
Citing an instance, Equinix Inc. announced the acquisition of thirteen data centers from Canadian telecommunication organization, Bell Canada in June 2020. The company plans on adopting latest FPGA-based hybrid multi-cloud architecture across these data centers for improving the infrastructure.
Based on configuration, North America field programmable gate array market share from high-range FPGA segment is predicted to register a robust CAGR of 34% over 2020-2026, owing to beneficial characteristics such as high productivity, fast processing, and great performance.
Speaking of application spectrum, market remuneration from automotive sector is slated to grow at 7% CAGR over the forecast period, on account of surging demand for implementation of infotainment systems as well as ADAS in vehicles, along with advantageous attributes of FPGAs, mainly high-speed data processing, enhanced display functions, and core data acquisition.
Nuvation Engineering, Mistral Solutions Pvt. Ltd., Gidel Inc., QuickLogic Corp., EnSilica Ltd., Cyient Ltd., ByteSnap Design Ltd., Aldec Inc., Microsemi Corp., Intel Corp., Flex Logix Technologies Inc., Xilinx Inc., Efinix Inc., Cobham Ltd., Lattice Semiconductor Corp., and Achronix Semiconductor Corp. are the leading companies operating in North America field programmable gate array (FPGA) industry sphere.