Blockchain Press Releases
FPGA Market worth $19.1 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 13, 2023 /PRNewswire/ — The FPGA market is projected to grow from USD 9.7 billion in 2023 and is projected to reach USD 19.1 billion by 2028; it is expected to grow at a CAGR of 14.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Increasing adoption of FPGA market in ADAS is one of the major drivers of the market.
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Browse in-depth TOC on “FPGA Market” 235 – Tables
77 – Figures
323 – Pages
FPGA Market Report Scope:
Report Coverage |
Details |
Market Revenue in 2023 |
$9.7 billion |
Estimated Value by 2028 |
$19.1 billion |
Growth Rate |
Poised to grow at a CAGR of 14.6% |
Market Size Available for |
2019–2028 |
Forecast Period |
2023–2028 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Configuration, Technology, Node Size, Vertical and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and Rest of World |
Key Market Challenge |
Highly complex programming |
Key Market Opportunities |
Increasing penetration of eFPGAs into military and aerospace industry |
Key Market Drivers |
Increasing number of data centers and high performance computing (HPC) facilities |
The Node size segment of ≤16 nm is expected to grow at highest CAGR during the forecast period.
FPGAs having a node size of ≤16 nm serve as adaptable logic modules and transceivers. They provide secure design and enable remote system upgrades. These FPGAs can be partially reconfigured and are compatible with various node processes, including 16 nm, 14 nm, 10 nm, and 7 nm. FPGAs with node sizes of ≤16 nm are compact and consume less power, making them ideal for multiple applications. Xilinx, Inc. (Advanced Micro Devices, Inc.) (US) offers Virtex UltraScale+ series of FPGAs with 14 nm/16 nm process and Kintex UltraScale+ and Zynq UltraScale+ MPSoC FPGAs with a 16 nm node size. Similarly, Intel Corporation (US) provides Agilex F Series, I series, and M series of FPGAs with a 10 nm node size. It also offers the Stratix 10 GX, Stratix 10 SX, and Stratix 10 TX series of FPGAs with a 14 nm process.
Flash technology in FPGA market is expected to have second-largest market share during the forecast period.
Flash-based FPGAs consume less power and have a fast power-up configuration as the device’s design configuration is saved in its internal flash memory. These FPGAs are also radiation-resistant, making them an excellent choice for control and interfacing applications requiring limited logic. Since flash-based FPGAs do not require a constant power supply, they have low static power consumption. The configuration pattern is stored in non-volatile memory cells on the chip, and their contents remain unaffected even if the power is disconnected. As a result, these FPGAs power up instantly, enabling the system to recover from a power outage or restart quickly.
Data Center & Computing segment is expected to grow at highest rate of CAGR during the forecast period.
The growth of cloud-based computing and its reliance on data centers is predicted to contribute to the growth of this market segment during the forecast period. In March 2023, Amazon Web Services (AWS) introduced FPGA-based services to speed up machine learning and artificial intelligence workloads for their customers. In data center and cloud acceleration applications, FPGAs provide top-notch performance. NVMe data storage solutions are crucial in this field, and industry players focus on offering FPGA-based high-speed interface control for such solutions.
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Asia Pacific region to have largest share of FPGA market during the forecast period.
The utilization of advanced technologies like AI, IoT, and Big Data has led to the development of extensive data centers. Major global players such as Alibaba (China), Facebook (US), Amazon (US), Microsoft (US), Google (US), and Baidu (China) have already established their data centers in the Asian region and intend to further expand their reach. In the Asia Pacific market, the rising demand for high-speed broadband services and mobile devices among Chinese and Indian consumers is driving growth. Additionally, the expansion of telecommunication and data center networking infrastructure will likely boost the Asia Pacific FPGA industry in the coming years.
Key players in the FPGA companies include Advanced Micro Devices (Xilinx, Inc.) (US), Intel Corporation (US), Microchip Technology Inc. (US), Lattice Semiconductor Corporation (US), and Achronix Semiconductor Corporation (US), Quicklogic Corporation (US), Efinix Inc. (US), Flexlogix (US). Apart from these Renesas Electronics Corporation (Japan), Shanghai Anlu Information Technology Co., Ltd. (China), Shenzhen Ziguang Tongchuang Electronics Co., Ltd. (China), Xi’an Zhiduojing Microelectronics Co., Ltd. (China), LeafLabs, LLC (US), Aldec, Inc. (US) are among a few emerging companies in the FPGA market.
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About MarketsandMarkets™
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Blockchain Press Releases
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.
Registration is required for all three events:
1. Merchant-exclusive Event
On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.
The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.
2. Cashback Event: Up to 2% for Existing Users
All buyers have a chance at an easy win from another 8,000 USDT prize pool. Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.
3. Sharers Get More
Users have another way to access a 2,000 USDT prize pool by using the “share” button to spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.
P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.
Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
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Blockchain
Adapt or Die: The Urgent Shift from VASP to MiCA
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
Blockchain Press Releases
Sweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
HONG KONG, Nov. 18, 2024 /PRNewswire/ — The past decade has witnessed a dramatic shift in consumer behavior, with online shopping becoming the norm, further accelerated by the pandemic. Reward programs have sprung up everywhere, incentivizing spending and fostering brand loyalty. The core of cashback is to encourage consumers to develop a habit of continuous shopping through rewards. This same logic is beginning to take root in the field of sports and health.
GYMetaverse, the innovative team behind the successful Live4Well Genesis NFT collection, is disrupting the rewards landscape with the launch of its upgraded VIV PASS program. This groundbreaking “move-to-earn” ecosystem incentivizes healthy habits, transforming sweat equity into tangible rewards. Live4Well envisions a positive feedback loop where exercise leads to better health, and better health leads to tangible benefits, realizing the concept of “health as wealth.”
Pioneering the “Fitness Mileage” Concept: Earn Rewards for an Active Lifestyle
This inclusive program is open to users worldwide with zero barriers to entry. In just minutes, users can download the Live4Well mobile app and register for free access to the VIV Pass ecosystem. Initially, Sweat Points, the program’s reward currency, can be earned through three primary avenues:
(1) Daily Exercise — Users accumulate points by tracking steps and calories burned, turning daily workouts into rewarding experiences.
(2) Competition Participation — Points are awarded for participating in designated sporting activities, simply by uploading proof of participation.
(3) Health & Fitness Spending — Users can upload receipts for eligible purchases in the designated sports and wellness categories to earn additional Sweat Points.
Live4Well makes the benefits of exercise immediately tangible, converting effort into visible rewards. Accumulated Sweat Points can be redeemed for a variety of prizes, including cash vouchers, fitness products, and exercise classes. The Live4Well app also empowers users to track their fitness data and participate in engaging challenges.
Creating a Global Sharing Economy: A triple win for Users, Businesses, and the Industry
Live4Well‘s vision extends beyond simply creating a health management platform. The “exercise-to-earn” concept fosters a mutually beneficial ecosystem:
(1) User Benefits — VIV PASS motivates individuals to adopt and maintain healthy exercise habits through a rewarding system.
(2) Business Advantages — The platform connects businesses with their target audience through community engagement and strategic partnerships, driving more effective product promotion.
(3) Industry Transformation — By creating a “move-to-earn” economy, Live4Well stimulates consumer spending, transforming calorie expenditure into a quantifiable reward unit. This innovative approach empowers businesses to generate revenue, expand operations, and seamlessly connect the virtual and physical worlds.
Since its inception, Live4Well‘s fitness alliance ecosystem has continued to expand. With ongoing optimization of its operational framework, the VIV PASS ecosystem provides easy access and a tiered membership system, fostering a comprehensive wellness mechanism which stimulates consumer engagement, and builds a thriving global sharing economy.
To learn more, please visit: https://www.live4well.io
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