FPGA Market to be Worth $20.3 Billion by 2031

FPGA Market by Programming Technology (SRAM, Flash, Anti-fuse), Configuration (Low-end, Mid-range, High-end), Node Size, Sector (Telecommunication, Consumer Electronics, Data Center, Aerospace & Defense), and Geography – Global Forecast to 2031

According to this latest publication from Meticulous Research®, the global FPGA market is projected to reach $20.3 billion by 2031, at a CAGR of 9.9% from 2024–2031. The growth of the FPGA market is driven by the increasing adoption of FPGA in the aerospace & defense sector, the increasing adoption of AI technology, and the proliferation of data centers globally. However, data privacy & security concerns restrain the growth of this market.