FPGA Market Insights, Trends | Industry Report, 2026 | MarketsandMarkets™

The global FPGA market is projected to reach USD 9.1 billion by 2026 from an estimated USD 6.2 billion in 2021, at a CAGR of 7.8% from 2021 to 2026. Increase in global adoption of AI and IoT, and rising deployment of data centers and high-performance computing are among the factors driving the growth of the FPGA market.

Xilinx, Inc. (US); Intel Corporation (US); Microchip Technology Inc. (US); Lattice Semiconductor Corporation (US); QuickLogic Corporation (US); Efinix Inc. (US); Flex Logix Technologies (US); GOWIN Semiconductor Corporation (US); Achronix Semiconductor Corporation (US); and S2C, Inc. (US); are some of the key players in the FPGA market. These players have adopted various growth strategies, such as product launches, expansions, partnerships, collaborations, and mergers and acquisitions to retain their presence in the FPGA market. Product launches has been the most dominating strategy adopted by the key players from January 2018 to December 2021 to help them strengthen their product portfolio and broaden their customer base.

Xilinx, Inc. held the leading position in the FPGA market as one of the key manufacturers of FPGAs. The company is known for the invention of FPGAs. The company held ~50%-55% share of the FPGA market in 2020. Xilinx Inc. focuses on organic and inorganic growth strategies such as product launches, collaborations, and acquisitions to sustain its position in the FPGA ecosystem. In October 2020, AMD entered into an agreement for the acquisition of Xilinx, and this acquisition is expected to accelerate the growth of both companies in the FPGA market and strengthen their customer base.

Intel Corporation held the second position in the FPGA market. The company is a well-established brand in the FPGA market. Intel Corporation held ~32%-35% share of the FPGA market in 2020. The company focuses on extensive R&D to strengthen its product portfolio. Moreover, Intel Corporation has been focusing on the implementation of both organic and inorganic growth strategies in the form of new product launches, and partnerships. Over the years, the company has developed numerous products.

Microchip Technology Inc. has secured third position in the FPGA market. The company entered the FPGA market by acquiring Atmel Corporation in 2016. The companys solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace & defense, communications, and computing applications. Microchip Technology Inc. offers technologically advanced FPGAs that deliver low-risk product growth, lower overall device cost, and quicker time to market to thousands of customers around the world. has been strategically implementing a mix of organic and inorganic growth strategies in the form of new product launches and acquisitions to sustain its value in the market.

Lattice Semiconductor Corporation has secured fourth position in the FPGA market. The company manufactures high-performance and low power programmable devices. With its global presence the company’s products have application across industries such as data center systems, client computing, wireless & wireline communication, factory automation, automotive, defense, and consumer. The company’s focus on new product launches and collaborations has helped it to maintain its brand value. Lattice Semiconductor Corporation focuses on extensive R&D to strengthen its product portfolio. In 2020, the company spent ~22% of its overall revenue on R&D.

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QuickLogic Corporation has secured fifth position in the FPGA market. The company has a strong and broad portfolio of low power, multi-core MCU, AI, Voice, Dev Boards, eFPGAs, FPGA, and Display Bridges. The company’s products have applications across the hearables, wearables, remote control, Industrial IoT, smart home, and aerospace & defense verticals. QuickLogic Corporation has been focusing on the implementation of organic and inorganic growth strategies in the form of new product launches, product enhancements, collaborations, and partnerships. In 2020, QuickLogic Corporation spent ~87% of its overall revenue on R&D. Moreover, the North American region, constitutes ~60% of the company’s overall revenue.

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