FPGA Accelerators Market Growth, Trends, and Forecast, 2021-2031

FPGA Accelerators Market Research Report for Complete Analysis of Current Scenario September 16, 2021

FPGA Accelerators Market Projected to Reach ~US$ 9 Bn by 2021

FPGA accelerators market sales is projected to reach ~US$ 9 Bn by 2021 and is expected to grow at a high CAGR of 10% - 12% during 2021-2031. Over the past decade, FPGA accelerators have emerged as a preferred option in data centers, due to their flexible and adaptable architecture and the ability to straddle multiple domains.

They are accelerators, giving a boost to the CPU server engine. FPGA accelerators have already set to expand beyond the data centers. When it comes to large scale operations, an FPGA is a better accelerator choice for battery-operated devices, and in cloud services hosted on massive servers with reduced power consumption and minimal costs.

What is Driving Demand for FPGA Accelerators?

Demanding applications such as machine learning, database acceleration and highspeed network processing are driving a need for customized accelerators to off-load work from general-purpose processors. FPGA accelerators meet these needs by combining dedicated hardware acceleration with flexible, software-like adaptability, which is in turn, estimated to drive the FPGA accelerators demand.

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Advancements in FPGA accelerator hardware technology have made it easier for designers to customize functions specific to the application. Standard components like clock generators, floating-point units, DRAM controllers, PCI (peripheral component interconnect) express controllers, and even whole multicore microprocessors, are now part of the hardware. FPGA accelerators are deployed into several datacenter hardware such as networking equipment, and storage & server racks among others.

Such devices help datacenters to improvise computing & storage applications and reduce network latency. Rising investments by datacenter providers to establishing new data centers will further add opportunities for the FPGA accelerators market

expansion. Moreover, need for high data processing across datacenters and swelling network traffic are forming profitable growth prospects for the FPGA accelerators.

Rising Demand for Energy-Efficient FPGA-Based Processing

The application and problem scale is rising significantly every year resulting in an enormous amount of data to be processed. This translates to major consumption of power and energy. Therefore, the ability to integrate the applications in an energy efficient way is one of the key problems being addressed in research and industry.

Hence, energy efficiency has become an important metric of performance in recent years. Efficient power consumption and parallelism are the basic features of FPGA accelerators which provides incentive for big data analytics.

Furthermore, FPGA configurability offers a flexibility that makes them even superior to GPU for certain application domains. An important element of FPGA accelerators that can be very much suitable for data processing applications is its parallelism through a hierarchical style architecture. Through hardware programmability, most of the widely used typical data operations could be integrated on FPGA accelerators, thereby fueling the growth of FPGA accelerators market.

Mexico & Middle East Demand Outlook for FPGA Accelerators

The FPGA accelerators demand in Mexico is projected to observe noteworthy growth owing to its thriving automobile industry. Moreover, in November 2018, the semiconductor industry association (SIA), announced the signing of the U.S.-MexicoCanada Agreement (USMCA), which ensures that American made tech products like semiconductors are shipped to clients across the globe, by encouraging free trade.

These type of contracts are estimated to fuel the demand growth over the coming years.

Additionally, major tech companies have been escalating their data center capabilities to potential regions such as Middle East & Africa, which is likely to result in creating lucrative opportunities for the regional FPGA accelerators production. For instance, in the recent past, Amazon launched three availability zones in Bahrain and Microsoft Corporation initiated data centers in the UAE. Thus, development of data centers in this region is anticipated to considerably boost the sales.

Who are the Key FPGA Accelerators Vendors?

Some of the leading vendors offering FPGA accelerators include Xilinx, Inc., Flex Logic Technologies, Inc., Intel Corporation, QuickLogic Corporation, Lattice

Semiconductor Corporation, Microchip Technology Inc., Efinix, Inc., Achronix Semiconductor Corporation, Adlec, Inc., GOWIN Semiconductor Corp., ByteSnap Design, and others.

The above-mentioned players rely on multiple expansion strategies to deepen penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions and strengthening of regional and global distribution networks.

Key Segments

By Accelerator Type

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Computer Accelerators

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Network Accelerators

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Storage Accelerators

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Others

By Configuration

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Low-end FPGA

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Mid-range FPGA

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High-end FPGA

By Technology

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Static RAM

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Flash Technology

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Anti-fuse Technology

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Erasable Programmable Read Only Memory (EPROM)

By End Use Industry

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Automotive

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IT & Telecommunications

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Healthcare

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BFSI

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Consumer Electronics

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Others

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

FPGA Accelerators Report Highlights:

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Detailed overview of parent market

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Changing market dynamics in the industry

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In-depth market segmentation

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Historical, current and projected market size in terms of volume and value

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Recent industry trends and developments

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Competitive landscape

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Strategies of key players and products offered

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Potential and niche segments, geographical regions exhibiting promising growth

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A neutral perspective on market performance

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Must-have information for market players to sustain and enhance their market footprint

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