Europe FPGA Security Market Projected to Gain Significant Value by 2027

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.

The Europe FPGA Security Market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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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.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Europe FPGA Security Market in the market.

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EUROPE FPGA SECURITY MARKET SEGMENTATION

FPGA Security Market – by Configuration

• Low-End FPGA
• Mid-Range FPGA
• High-End FPGA

FPGA Security Market – by Technology

• SRAM
• Flash
• Antifuse

FPGA Security Market – by End User

• Telecommunication
• Consumer Electronics
• Data Centers and Computing
• Military and Aerospace
• Industrial
• Automotive
• Other End Users

FPGA Security Market – by Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Company Profiles

• Flex Logix Technologies, Inc.
• Intel Corporation
• Lattice Semiconductor Corporation
• Microchip Technology Inc.
• QuickLogic Corporation
• S2C
• Xilinx, Inc.

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.

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