Global FPGA Market to Earn Major Profits From SRAM Sales: Transparency Market Research
The report “FPGA Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” published by Transparency Market Research is an in-depth study of the global market for field-programmable gate array (FPGA) ICs, with a detailed snapshot of the market’s competitive landscape. The report states that the global FPGA market had a net worth of US$ 5,487.2 million in 2013. Growing at a CAGR of 8.6% between 2014 and 2020, the market will rise to US$ 9,734.4 million by the end of 2020.
Browse Report: http://www.transparencymarketresearch.com/field-programmable-gate-array.html
FPGAs are highly desirable in numerous applications, as a single IC of FPGA can be easily customized and modeled for a number of purposes. FPGAs are also observing huge demand from the medical imaging industry due to their high performance.
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A major factor that could lead to substantial demand for the global FPGA market in the near future is the rising demand for high-speed networks such as 3G and LTE, especially in portable communication devices such as smartphones. The rising use of FPGAs in flat panel displays across the globe is also a major driving force.