Embedded FPGA Market

Market Overview:

The global embedded FPGA market size reached US$ 7.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.5 Billion by 2028, exhibiting a growth rate (CAGR) of 16.7% during 2023-2028. The rising demand for specialized applications such as AI and 5G, reconfigurability for evolving needs, and the growing need for power efficiency, and flexibility, particularly in sectors like telecom, AI, 5G, and IoT are some of the major factors propelling the market.

Embedded FPGA (eFPGA) refers to a programmable integrated circuit technology where FPGA fabric is incorporated within a larger silicon chip alongside other processing components. This enables hardware acceleration, adaptability, and reconfigurability for specific tasks, offering performance improvements over software-only approaches. eFPGAs facilitate on-the-fly customization of hardware functionalities post-manufacturing, ideal for artificial intelligence (AI) inference, networking, and signal processing applications. They merge the benefits of traditional FPGAs' flexibility with the integration advantages of ASICs, making them a versatile choice for optimizing performance and power efficiency in diverse applications.

The growing need for enhanced processing efficiency and flexibility across various industrial verticals is primarily driving the global embedded FPGA (eFPGA) market. Concurrent with this, the rising demand for specialized and data-intensive applications such as artificial intelligence, machine learning, 5G communication, and autonomous vehicles necessitates adaptable hardware solutions to meet performance demands, creating a positive outlook for market expansion. Moreover, the growing adoption of eFPGAs, driven by their reconfigurability that facilitates task-specific customization, leading to enhanced computational efficiency over conventional fixed-function ASICs, is contributing to the market's growth. Additionally, the increasing complexity of integrated circuits and the quest for power-efficient computing is propelling the employment of eFPGAs, as they provide an intermediate option between customizable FPGAs and dedicated ASICs. Furthermore, with industries seeking optimal solutions for their diverse computing requirements, there is a rising demand for eFPGA due to its capacity to deliver versatile, high-performance, and power-efficient hardware acceleration.

Embedded FPGA Market Trends/Drivers:

Demand for specialized applications

One of the key drivers behind the eFPGA market's growth is the escalating demand for specialized applications. Modern technologies such as AI and machine learning (ML) require immense computational power to process complex algorithms and large datasets. Similarly, emerging technologies, including 5G communication and autonomous vehicles, demand high-performance processing capabilities. In contrast to traditional processors, eFPGAs offer the ability to tailor hardware to specific algorithms or tasks. This adaptability enables the development of efficient, application-specific hardware accelerators, resulting in superior performance compared to software-based solutions. As industries seek to harness the full potential of these cutting-edge technologies, the demand for eFPGAs as customizable and high-performance processing components intensifies.

Reconfigurability and flexibility

The inherent reconfigurability and flexibility of eFPGAs stand as another crucial factor driving their market growth. Unlike application-specific integrated circuits (ASICs) that are designed for specific functions, eFPGAs allow for post-manufacturing configuration changes. This characteristic is particularly valuable when hardware requirements evolve, or experimentation is necessary. In addition to this, FPGAs can be reprogrammed to adapt to new algorithms or standards, prolonging their useful lifespan and reducing the need for costly hardware redesigns. Their versatility caters to industries marked by rapidly evolving technologies, enabling companies to stay competitive and agile in dynamic markets.

Power efficiency and performance

The growing demand for power-efficient computing solutions is a chief consideration across industries. Traditional CPUs and GPUs might not always provide the optimal proportion between performance and power consumption. In contrast, eFPGAs offer a middle ground between the energy efficiency of ASICs and the programmability of FPGAs. By implementing hardware acceleration for specific tasks, eFPGAs can significantly boost performance while consuming less power compared to purely software-based solutions. This characteristic is especially valuable in scenarios where energy efficiency is crucial, such as data centers, edge computing, and portable devices. With rising energy costs and escalating environmental concerns, the eFPGA's ability to provide enhanced performance with reduced power consumption has become a compelling proposition for various applications.

Embedded FPGA Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global embedded FPGA market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on technology and application.

Breakup by Technology:

• EEPROM
• Antifuse
• SRAM
• Flash
• Others
   

SRAM dominates the market

The report has provided a detailed breakup and analysis of the market based on technology. This includes EEPROM, antifuse, SRAM, flash, and others. According to the report, SRAM represented the largest segment.

The rising demand for SRAM-based eFPGA solutions due to the unique synergy between the advantages of eFPGAs and the benefits of SRAM technology is creating a positive outlook for market expansion. SRAM eFPGAs leverage the fast reconfigurability and adaptability of eFPGAs while harnessing SRAM's inherent speed and low-latency characteristics. This combination caters to applications requiring real-time, on-the-fly hardware modifications, such as dynamic algorithms in AI and ML inference, wireless communication protocols in 5G networks, and evolving cryptographic standards. Moreover, SRAM eFPGAs enable seamless integration of custom accelerators directly into the processing pipeline, significantly enhancing processing throughput without sacrificing energy efficiency, which is contributing to the market's growth. Furthermore, their ability to swiftly adapt to changing requirements aligns with the fast-paced nature of these industries, impelling the demand for these solutions as a vital enabler of high-performance, adaptable, and energy-efficient computing systems.

Breakup by Application:

• Data Processing
• Consumer Electronics
• Industrial
• Military and Aerospace
• Automotive
• Telecom
• Others
   

Telecom holds the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes data processing, consumer electronics, industrial, military and aerospace, automotive, telecom, and others. According to the report, telecom accounted for the largest market share.

The expanding use of eFPGA technology within the telecom sector due to its ability to address the intricate demands of modern communication networks represents one of the main drivers propelling the market expansion. eFPGAs offer telecom companies the means to implement customized, hardware-accelerated solutions tailored to the evolving standards and protocols of 5G and beyond. In addition to this, the sector's increasing reliance on data-intensive applications such as edge computing, virtualization, and network slicing necessitates agile hardware platforms capable of adapting swiftly to changing requirements, aiding in market expansion. Besides this, eFPGAs also provide the flexibility to update and optimize processing functions on the fly, ensuring efficient packet processing, low-latency communication, and enhanced security. Furthermore, the integration of eFPGAs into network equipment offers opportunities for operators to enhance overall performance, reduce latency, and accommodate the diverse range of services demanded by the modern telecommunications landscape.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The global embedded FPGA market features a dynamic competitive landscape driven by several key players and factors. Major semiconductor companies dominate the market due to their extensive experience in FPGA technology. These established players offer advanced eFPGA solutions integrated with diverse processing architectures, catering to industries spanning from telecommunications to AI. As the market expands, newer entrants are gaining traction by offering innovative eFPGA designs and customizable IP cores. Additionally, partnerships and collaborations between providers and system integrators are on the rise, ensuring seamless integration of eFPGA technology into complex systems. The competitive environment is further influenced by industry trends such as edge computing and the demand for application-specific accelerators, driving innovation in eFPGA capabilities. The increasing demand for power efficiency, high performance, and adaptability continues to shape the competitive landscape.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Achronix Semiconductor Corporation
• Adicsys
• Advanced Micro Devices Inc
• Efinix Inc
• Flex Logix Technologies Inc.
• Intel Corporation
• Lattice Semiconductor Corporation
• Menta S.A.S
• Microchip Technology Inc
• Quick Logic Corporation.

Recent Developments:

• In June 2023, Achronix Semiconductor Corporation launched 400GbE connectivity in the Achronix Network Infrastructure Code (ANIC), enhancing high-performance networking pipelines for Speedster®7t FPGAs and VectorPath® Accelerator Card.
• In June 2023, AMD unveiled the AMD Versal™ Premium VP1902 adaptive system-on-chip (SoC), the world's largest FPGA-based adaptive soc for emulation and prototyping, aimed at simplifying the verification process for intricate semiconductor designs.
• In April 2023, Flex Logix® Technologies, Inc., announced the availability of InferX™ IP & software for DSP and AI inference. InferX joins EFLX® eFPGA as Flex Logix's second IP offering.

Embedded FPGA Market Report Scope:

Key Questions Answered in This Report:

• How has the global embedded FPGA market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global embedded FPGA market?
• What is the impact of each driver, restraint, and opportunity on the global embedded FPGA market?
• What are the key regional markets?
• Which countries represent the most attractive embedded FPGA market?
• What is the breakup of the market based on the technology?
• Which is the most attractive technology in the embedded FPGA market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the embedded FPGA market?
• What is the competitive structure of the global embedded FPGA market?
• Who are the key players/companies in the global embedded FPGA market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the embedded FPGA market from 2017-2028.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global embedded FPGA market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the embedded FPGA industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.