FPGA market expected to reach $8.5bn by 2020

Geographically, the FPGA market is segmented into North America (U.S., Canada, and Mexico), Europe (Germany, Italy, Spain, U.K., France and others), APAC (China, Japan and others) and Rest of the World (Middle East, South Africa, and others). The APAC market accounted for the 42% of the market size in 2013 and is estimated to grow at a CAGR of 8.2% from 2014 to 2020. The North American market is also expected to grow at a significant CAGR of 8.1% from 2014 to 2020. According to the report, this growth can be attributed to features such as re-programmability, security and low power consumption, which has increased the demand for FPGAs in the telecomm and medical sectors.

Key players in the FPGA market include Xilinx, Altera, Tabula, Achronix Semiconductor, Microsemi, Lattice Semiconductor, Atmel and E2V Technologies.