Pure Natural Essential Oils Posted On : Aug-06-2011 | seen (146) times | Article Word Count : 426 |
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FPGA Market To Grow At 9.1% CAGR Till 2020, Propelled By Technological Advancements Business Articles | July 11, 2016
New Market Research Reports Title “FPGA Market Analysis Size and Segment Forecasts to 2020” Has Been Added to Grand View Research Report Database
Global?FPGA (Field-Programmable Gate Array) industry?is estimated to account for USD 9,882.5 million by 2020. Consumer electronics industry growth owing to rising demand for smart devices such as phablets and smartphones is projected to be key driver for market growth. Upsurge in electronic utilities and functionalities in the automotive sector may trigger demand growth of Hybrid Electric Vehicles (HEV) which is anticipated to drive the market over the next six years.
The market demand has potentially increased attributing to miniaturization of devices across various application domains. In addition
Telecom is estimated to witness growth at a CAGR of 9.8% from 2014 to 2020 to remain the fastest and largest growing application sector over the next seven years. FGPA upgradation is a simplified procedure that involves mere changes in the software along with high degree of flexibility. Consumer electronics contributed to over 12.0% of the revenue share in 2013, and is estimated to grow rapidly over the forecast period.?
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