FPGA Market to be Worth $20.3 Billion by 2031

FPGA Market Size, Share, Forecast, & Trends Analysis 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

The FPGA Market is expected to reach $20.3 billion by 2031, at a CAGR of 9.9% from 2024 to 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. Furthermore, the integration of FPGA in cloud computing and infrastructure-as-a-service (IaaS) and the increasing integration of FPGA in consumer electronics are expected to create growth opportunities for the stakeholders in this market.