Growing Demand for Consumer Electronics Vital for FPGA Security Market
The Global FPGA Security Market is mainly driven by the growing use of field-programmable gate arrays (FPGA) in applications where application-specific integrated circuits (ASICs) are conventionally used. The flexibility of FPGAs is the major driver for their use over ASICs, as ASICs can, almost by definition, only be used for the specific application they were designed for. On the other hand, FPGAs can be used for a wide variety of applications and can even be reprogrammed after manufacturing to be applicable in different systems. This has driven the demand for FPGAs in the global computing sector.
However, the ability of FPGAs to be used by multiple users simultaneously, with the help of portioning, makes them more vulnerable to cyber-attacks. Especially when used in conjunction with cloud services, the accessibility of the FPGA to multiple users creates a weak link that can be exploited by users looking to gain data from other users sharing the particular FPGA in question. Increasing use of FPGAs in cloud architecture is likely to drive the demand from the FPGA security market over the forecast period. The increasing demand for FPGAs in smartphones and other consumer electronics is also likely to be a key driver for the global FPGA security market over the forecast period.
According to Market Research Future (MRFR), the global FPGA security market is expected to rise to a valuation of more than USD 3,700 million by 2025.
What are the Major Regions in the FPGA Security Market?
Asia Pacific is likely to emerge as the leading regional market for FPGA security over the forecast period due to the growing semiconductor industry in developing technological powers such as China. The robust consumer electronics industry in China and the rest of Asia Pacific is likely to drive the demand from the semiconductors industry, leading to a growing demand from the FPGA market. This is further likely to drive the demand from the FPGA security market over the forecast period. As FPGA security is vital for ensuring the security of smartphone operating systems and other fundamental systems in the consumer electronics sector, the FPGA security is likely to grow at a stable growth rate in the coming years.
North America and Europe are also likely to hold a significant share in the global FPGA security market over the forecast period due to their preeminent position as tech development leaders. Several of the leading players in the FPGA security market are based in North America or Europe, making it easier to adopt the relevant technology in these regions. The growing threat of cybercrimes in these regions, due to the widespread availability of advanced telecommunications infrastructure, is likely to drive the FPGA security market over the coming years.
What are the Leading Players in the Market?
Leading players in the global FPGA security market include Teledyne Technologies Inc., Quicklogics Corp., Financial Overview, Intel Corporation, Lattice Semiconductor, Texas Instruments Inc., Cypress Semiconductor Corporation, Achronix Semiconductor Corporation, Microchip Technology Inc., and Xilinx Inc.
In May 2019, Lattice Semiconductors launched a new line of FPGAs, called MachX03D, with enhanced security features, allowing easy implementation of robust security protocol for all system components. Product development is likely to remain a key feature of the global FPGA security market over the coming years, as the field of cybersecurity is an ever-evolving, dynamic field and requires constant attention to remain on top of the waves of change in the market.
In January 2019, Xilinx collaborated with Baidu to develop the latter’s EdgeBoard, a new edge acceleration computing solution. Many players, particularly on the lower rungs of the market, are likely to focus on collaboration for product development over the forecast period, as this can enable a successful coalition of multiple technology platforms and thus enable robust product development. The growing demand for edge computing solutions is likely to be a major driver for the FPGA security market.
For More Information, Visit: https://www.marketresearchfuture.com/reports/fpga-security-market-7762