Market Introduction
Most of current security challenges are often created as well as solved with software. Intrusion detection, distributed denial of service attacks protection, and malware prevention, among others, area few of the common software security solutions. However, most of the software-centric security solutions are not sufficient to match up with the growing Industry 4.0 trends and IoT; this is mainly due to There is a growing need for hardware-centric security solutions, especially in energy, petrochemical, electricity, and military sector applications, which aremajor application areas of Industry 4.0. Thus, necessity to secure reprogrammable hardware such as FPGAs has been of prime importance since the past few years.
Market Overview and Dynamics
The North AmericaFPGA securitymarket is expected to reach US$1,186.3 million by 2027 from US$618.6million in 2019; it is projected to grow at a CAGR of 8.7% from 2020 to 2027.The growing investments and advancements in telecom infrastructure are contributing to the market growth. Moreover, the advantages of FPGAs in the form of easy configurability, flexibility, law latency operations, efficient hardware acceleration, and low costs are expected to further drive their adoption in the telecommunications sector.
Key Market Segments
In terms of configuration, the low-endFPGA segment accounted for the largest share of the North America FPGA securitymarket in 2019. In terms of technology, the SRAM segment held the largest market share in 2019. Further, the telecommunication 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 North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areAchronix Semiconductor Corporation;Efinix, Inc;Flex Logix Technologies, Inc.; andIntel Corporation; among others.
Reasons to Buy Report
NORTH AMERICA FPGA SECURITY MARKET SEGMENTATION
North America FPGA Security Market – by Configuration
North America FPGA Security Market – by Technology
North America FPGA Security Market – by End User
North America FPGA Security Market – by Country
Company Profiles
The List of Companies - North America FPGA Security Market