November_FPGA Topics|Worldwide FPGA Market Status Discussion(Up)
The positioning of FPGAs is often questioned as not being able to compete with ASICs, and some argue that the market is difficult to grow or even shrink because of high development costs and usually small volumes. First of all, it cannot be denied that the hardware and software development cost of FPGA is relatively large, however, according to the latest report released by market research organization Mordor Intelligence, the global FPGA market size of 8.76 billion U.S. dollars in 2023, with the introduction of new technologies such as 5G, AI, and self-driving cars to drive huge demand, and it is estimated that the market will grow to 13.07 billion U.S. dollars in 2028, which is expected to grow to 10 billion U.S. dollars in 2023. The top three regional markets include The top three regional markets are the largest in Asia, with an estimated market share of 44% in 2025, followed by North America's 32% and Europe's 17%, which shows that the market is still growing; then summarizing and exploring the advantages of FPGAs, it's not difficult to find out that they are not easy to be replaced.