Blockchain Press Releases
Low-end FPGA Market to Reach $5.8 Billion, Globally, by 2032 at 9.5% CAGR: Allied Market Research
The Low-end FPGA market is driven by factors such as an increase in the adoption of smart technologies across the globe, rise in adoption of low-end FGPA in advanced driver assistance systems and proliferation of connected devices and Internet of Things (IoT).
PORTLAND, Ore., July 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Low-End FPGA Market by Technology (EEPROM, Anti-Fuse, SRAM, Flash, Others), By Node Size (Less Than 28 Nm, 28-90 Nm, More Than 90 Nm), By Application (Telecommunication, Automotive, Industrial, Consumer Electronics, Data Center, Medical, Aerospace and Defense, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global low-end FPGA industry generated $2.4 billion in 2022, and is projected to reach $5.8 billion by 2032, registering a CAGR of 9.5% from 2023 to 2032.
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Prime determinants of growth
The Low-end FPGA market is driven by factors such as an increase in the adoption of smart technologies across the globe, rise in adoption of low-end FGPA in advanced driver assistance systems and proliferation of connected devices and Internet of Things (IoT). On the other hand, high power consumption is anticipated to restrain the market growth during the forecast period. Nevertheless, the increase in penetration of low-end FPGA and technological advancements are expected to offer remunerative opportunities in the upcoming years.
Report coverage & details:
|
Report coverage |
Details |
|
Forecast Period |
2022–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$2.4 billion |
|
Market Size in 2032 |
$5.8 billion |
|
CAGR |
9.5 % |
|
No. of Pages in Report |
271 |
|
Segments covered |
Technology, Node size, Application, and Region. |
|
Drivers |
|
|
Opportunities |
Increase in Penetration of low-end FPGA and Technological Advancements |
|
Restraints |
High power consumption |
Covid-19 Scenario
- The COVID-19 pandemic had a significant impact on the low-end FPGAs market. The disruptions in global supply chains caused delays and shortages of essential electronic components, including low-end FPGAs. The economic slowdown resulted in reduced investments and spending on technology, leading to decreased demand for low-end FPGAs in various industries. Shifts in end-user goals, as well as difficulties in the design and development processes, exacerbated the negative impact.
- In addition, the pandemic hampered research and development operations in the low-end FPGA market.
The EEPROM segment is estimated to witness the fastest growth during the forecast period.
Based on technology, the SRAM segment held the highest market share in 2022, accounting for more than one-third of the global low-end FPGA market revenue, owing to their high-power efficiency and flexible nature. However, the antifuse segment is expected to dominate the market in terms of revenue during the forecast time period. Moreover, the EEPROM segment is projected to manifest the highest CAGR of 12.74% from 2023 to 2032, driven by enhanced security features, and simplified design processes.
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The 28-90 nm segment to maintain its leadership status throughout the forecast period.
Based on node size, the 28-90 nm segment held the highest market share in 2022, accounting for more than two-fifths of the global low-end FPGA market revenue and is estimated to maintain its leadership status throughout the forecast period. In addition, the same segment is projected to manifest the highest CAGR of 10.45% from 2023 to 2032 due to cost reduction, compatibility and scalability and power efficiency in portable devices, IoT applications, and other power-constrained systems where energy efficiency is a significant consideration. These trends and growth factors present significant opportunities for low-end FPGA providers in the 28-90nm segment.
The Telecommunication segment garnered the major share in 2022
Based on application, the telecommunication segment held the highest market share in 2022, accounting for nearly one-third of the global low-end FPGA market revenue, owing to increasing popularity of smartphones, the Internet of Things (IoT), and the need for high-speed data transfer. In addition, the consumer electronics segment is projected to manifest the highest CAGR of 12.12% from 2023 to 2032 due to the proliferation of consumer electronics such as smart home devices, including smart speakers, smart thermostats, home security systems, and connected appliances. Moreover, there are future opportunities for low-end FPGA manufacturers to develop energy-efficient FPGA with advanced power management systems, reducing power usage, and eco-friendly production techniques. These factors collectively create a strong demand for low-end FPGA in the Low-end FPGA market.
North America garnered the major share in 2022
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly one-third of the global Low-end FPGA market revenue owing to the to the rising demand of high-speed internet devices and the cloud-based computing technology within the region. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 11.32% from 2023 to 2032, due to the dependency of the industries on the data centers along with the development of the 5G network services within the region. Which are fueling the growth of the market in this region.
Leading Market Players: –
- ENCLUSTRA.
- INTEL CORPORATION.
- EFINIX, INC.
- FLEXLOGIX
- ACHRONIX SEMICONDUCTOR CORPORATION
- ADVANCED MICRO DEVICES, INC.
- GOWIN SEMICONDUCTOR CORP.
- QUICKLOGIC CORPORATION
- MICROCHIP TECHNOLOGY INC.
- LATTICE SEMICONDUCTOR CORPORATION
The report provides a detailed analysis of these key players of the global Low-end FPGA market. These players have adopted different strategies such as product launch, product development, partnership, investment, acquisition, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolios, and strategic moves of market players to showcase the competitive scenario.
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Key Benefits For Stakeholders:
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the low-end FPGA market analysis and low-end FPGA market outlook from 2021 to 2031 to identify the prevailing market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global low-end FPGA market trends, key players, market segments, application areas, and market growth strategies.
Low-end FPGA Market Key Segments:
By Technology
- EEPROM
- Antifuse
- SRAM
- Flash
- Others
By Node Size
- Less Than 28 nm
- 28-90 nm
- More Than 90 nm
By Application
- Telecommunication
- Automotive
- Industrial
- Consumer electronics
- Data Center
- Medical
- Aerospace and Defense
- Others
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Blockchain Press Releases
Bybit Partnered with University of Wollongong in Dubai to Host Exclusive Demo Trading Challenge
DUBAI, UAE, March 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered exclusively with the University of Wollongong in Dubai (UOWD) to host a Demo Trading Challenge & Workshop at UOWD campus. This initiative equipped students from Business Analysis, Finance, Accounting, and other business-related disciplines with practical trading knowledge, enhanced their understanding of cryptocurrency markets, and bridged the gap between academic theory and real-world trading strategies.
UOWD, the UAE’s first international Australian university, is recognized for its commitment to academic excellence and industry collaboration. Accredited by both the UAE Ministry of Education and Australia’s Tertiary Education Quality and Standards Agency (TEQSA), UOWD has played a key role in developing future business and finance leaders.
Bybit leveraged this collaboration to strengthen its ties with UOWD, increase brand visibility within the academic community, and introduce students to the Bybit trading ecosystem. Additionally, this initiative aligned with Bybit’s broader strategy to identify and recruit top-tier fresh graduates, expanding its talent pipeline in the region.
The workshop provided participants with hands-on experience using Bybit’s demo trading platform, allowing them to navigate market fluctuations in real time while learning key strategies from industry experts. The event culminated in a competitive trading challenge, where students applied their newly acquired knowledge in a dynamic, risk-free environment.
Attendees also gained insights from a lineup of distinguished speakers alongside Bybit’s senior product managers specializing in trading bots, copy trading, and demo trading. Their expertise gave students a deeper understanding of spot and contract trading processes, market data analysis, and risk management.
“At Bybit, we believe that financial literacy and hands-on experience are key to unlocking opportunities in the digital economy,” said Phoebe Peng, Head of Organization Development at Bybit. “Through this collaboration with UOWD, we empowered the next generation of professionals with the skills and knowledge needed to thrive in the evolving world of cryptocurrency trading.”
This partnership underscored Bybit’s dedication to fostering financial literacy and talent development within the digital asset ecosystem. Bybit continues to expand its engagement with educational institutions worldwide, creating opportunities for emerging professionals to explore the potential of Web3 and decentralized finance.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
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Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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