Market Introduction
The operational needs of telecommunication equipment/hardware and demand for secure communications are growing at a fast pace owing to complex operations of the sector and rising customer demands. FPGAs are being widely used in this sector for various applications such as packet processing and data packet switching. The advantages of FPGAs such as easy configurability, flexibility, law latency operations, efficient hardware acceleration, and low costs are expected to drive theiradoption in the telecommunication sector in the coming years.Moreover, the evolving trend of home and building automation is further boosting the demand for FPGAs with advanced security capabilities.
Market Overview and Dynamics
The EuropeFPGA securitymarket is expected to reach US$898.7 million by 2027 from US$496.1million in 2019; it is estimated to grow at a CAGR of 7.9% from 2020 to 2027.The rising penetration of LTE networks is driving the market growth in this region. The telecommunication sector is going through a paradigm shift owing to continuously changing technology landscape as well as growing penetration of smartphones and connected devices worldwide.
Key Market Segments
In terms of configuration, the low-endFPGA segment accounted for the largest share of the EuropeFPGA securitymarket in 2019. In terms of technology, the SRAM segment held the largest market share in 2019. Further, the telecommunications segment was the largest shareholder in the market based on enduser in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the FPGA security market in Europeare company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areFlex Logix Technologies, Inc.;Microchip Technology Inc.; andIntel Corporation; among others.
Reasons to buy report
EUROPE FPGA SECURITY MARKET SEGMENTATION
FPGA Security Market – by Configuration
FPGA Security Market – by Technology
FPGA Security Market – by End User
FPGA Security Market – by Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 496.1 Million |
| Market Size by 2027 | US$ 898.7 Million |
| CAGR (2020 - 2027) | 7.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Configuration
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe FPGA Security Market is valued at US$ 496.1 Million in 2019, it is projected to reach US$ 898.7 Million by 2027.
As per our report Europe FPGA Security Market, the market size is valued at US$ 496.1 Million in 2019, projecting it to reach US$ 898.7 Million by 2027. This translates to a CAGR of approximately 7.9% during the forecast period.
The Europe FPGA Security Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe FPGA Security Market report:
The Europe FPGA Security Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe FPGA Security Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe FPGA Security Market value chain can benefit from the information contained in a comprehensive market report.
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