GLOBAL EMBEDDED FPGA MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• On March 1, 2024, Intel launched Altera, its new independent field-programmable gate array (FPGA) company. Altera aims to seize opportunities in various sectors including cloud, network, edge computing, with a market potential exceeding US$ 55 billion.
• In October 2023, Achronix Semiconductor Corporation, a company that is known for its high-performance FPGAs and embedded FPGA (eFPGA) IP, announced a collaborative innovation with Myrtle.ai: an accelerated automatic speech recognition (ASR) solution utilizing the Speedster7t FPGA. This solution efficiently converts speech to text in over 1,000 concurrent real-time streams with enhanced accuracy and rapid response times, boasting up to a 20-fold performance improvement compared to alternatives.
• In September 2023, Lattice Semiconductor launched Lattice CrossLinkU-NX FPGA family, pioneering the integration of USB device functionality into their FPGAs. These FPGAs expedite USB-equipped system designs and simplify thermal management through a combination of built-in USB controller and physical layer (PHY), along with low power standby mode, and a suite of reference designs. Targeting diverse sectors like Computing, Industrial, Automotive, and Consumer markets, these FPGAs cater to the increasing demand for streamlined USB-based design solutions.
• In September 2021, QuickLogic Corp. launched Australis, an embedded field programmable gate array (eFPGA) intellectual property (IP) generator. This software tool, built on the OpenFPGA IP generator, empowers ASIC and system-on-chip developers with an automated means to define and implement customized eFPGA IP for their projects, facilitating quicker and more cost-effective IP design.