Global FPGA Accelerators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global FPGA Accelerators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Accelerators (hardware devices) work with CPU servers to increase the speed and performance of processing data. FPGA offers excellent performance to implement dedicated hardware acceleration with flexible, software-like adaptability. Currently, FPGA accelerators are widely used in areas such as data centers because of their flexible and adaptable architecture and ability to span multiple domains.

Market Overview:

The latest research study on the global FPGA Accelerators market finds that the global FPGA Accelerators market reached a value of USD 1376.9 million in 2022. It’s expected that the market will achieve USD 2891.27 million by 2028, exhibiting a CAGR of 13.16% during the forecast period.

In recent years, neural networks have made great progress in various fields compared to traditional algorithms. In the fields of image, video, and speech processing, various network models have been proposed, such as convolutional neural networks and recurrent neural networks. Neural network models are also getting larger, which is reflected in the computation of model parameters. To improve computing performance, the market size of accelerators will continue to increase. FPGAs are reconfigurable and can be used in complex engineering environments. For example, after the hardware design and application design are completed, it is found through experiments that the performance fails to reach the ideal state. Reconfigurability enables FPGA-based hardware accelerators to handle frequent design changes well and meet the changing needs of users.

The inherent highly flexible fine-grained parallelism of FPGA accelerators offers data, task, and pipeline parallelism, resulting in faster data process execution. They also support low-latency data processing, due to their non-instruction architecture and data flow design. FPGAs are reconfigurable hardware chips that can be reprogrammed to implement varied combinational and sequential logic. Their programmability imparts excellent flexibility and the opportunity to quickly develop a prototype of a circuit keeping the same hardware. An FPGA complies with the high-performance and low-power operational needs of a given application, resulting in a high-performance ratio. FPGA accelerators have already been set to expand beyond the data centers. Sectors such as autonomous driving, robotics, and Industry 4.0 cannot tolerate the telecommunication delays of relaying information from distant data centers. Compute horsepower is increasingly deployed in edge computing racks and mobile base stations in 5G. When it comes to large-scale operations, an FPGA is a better accelerator choice for battery-operated devices, and in cloud services hosted on massive servers with reduced power consumption and minimal costs. The growing power of FPGA accelerators enables HPC centers, hyper scalers, edge computers, data scientists, and cloud builders to explore all possible options for accelerating application performance using FPGAs. Many users have recognized the power of FPGAs in accelerating applications. In general, due to the advantages of FPGA accelerators and the development of the data center and big data era, the market demand for FPGA accelerators will continue to increase.

Region Overview:

In 2021, the share of the FPGA Accelerators market in North America stood at 40.98%.

Company Overview:

Xilinx, Inc.
Xilinx, Inc. is a US-based manufacturer of programmable logic devices. The company made its name by inventing the Field Programmable Logic Gate Array. Xilinx, Inc. was also the first fabless semiconductor company. Xilinx, Inc. is the inventor of FPGAs, programmable SoCs, and ACAPs, its highly flexible programmable chips are powered by a range of advanced software and tools that drive rapid innovation across industries and technologies ranging from consumer electronics to Automotive and then to the cloud.
Intel Corporation
Intel Corporation is the world's leading semiconductor company and the first company to introduce an x86 architecture central processing unit. Intel Corporation delivers across the computing continuum and reduces complexity through purpose-designed, feature-rich silicon, open and optimized software and tools, and hundreds of preconfigured edge-to-cloud solutions. The company specializes in semiconductor design and manufacturing, artificial intelligence, autonomous driving, and non-volatile memory solutions.

Xilinx, Inc. is one of the major players operating in the FPGA Accelerators market, holding a share of 48.48% in 2022.

Segmentation Overview:

Computer Accelerators
Heterogeneous platforms employing accelerators are the answer to process compute-intensive applications. FPGAs, with all their capabilities and features, offer a consolidated computation platform that generates high performance, flexible and energy-efficient operations for huge volumes of data. FPGAs have proven potential in the high-performance computing world. This transformation is mostly due to the recent progress in the FPGA development tools and hardware technology like variable precision, utilization of DSPs for floating-point, high memory bandwidth, and development using OpenCL.
Network Accelerators
Network port speeds continue to grow at a pace that traditional server nodes simply cannot match. Network accelerators are thus used to multiply information flow speed between end-users and offload some networking tasks. Numerous primary networking functions now depend upon FPGA-based network processing cards. These include a feature which prematurely evolves, like network security functions where algorithms vary regularly, or specialized services such as real-time packet capturing.
Storage Accelerators
Computational Storage is an architecture in which data is processed in physical proximity to the storage device. The primary benefit of such an arrangement is to reduce the amount of data that must move between the storage plane and the compute plane. In traditional architectures, the CPU usually processes data compute tasks like compression, and data is alternated between the storage and the compute planes. In contrast, computational storage architecture shifts data compute tasks to a hardware accelerator (FPGA), offloading the CPU. Data remains close to the compute, avoiding data movement on the slower CPU compute plane. This offers considerable benefits, as the device performing the computing task can be more application-specific, and consequently, more energy-efficient.

By type, Network Accelerators segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment Telecommunication Industry, with a market share of 34.04% in 2021.

Key Companies in the global FPGA Accelerators market covered in Chapter 3:

Efinix, Inc.
Intel Corporation
Semptian Co., Ltd
Achronix Semiconductor Corporation
Adlec, Inc.
Advantech
Xilinx, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the FPGA Accelerators market from 2018 to 2029 is primarily split into:

Computer Accelerators
Network Accelerators
Storage Accelerators
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the FPGA Accelerators market from 2018 to 2029 covers:

Automotive
Telecommunication Industry
Healthcare
BFSI
Consumer Electronics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)