Global Programmable Logic Devices Market 2019-2023 | Increasing Partnerships for Development of PLD Technologies to Boost Growth | Technavio

The global programmable logic devices (PLD) market is expected to post a
CAGR of close to 9% during the period 2019-2023, according to the latest
market research report by Technavio.

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Technavio has released a new market research report on the global programmable logic devices market for the period 2019-2023. (Graphic Business Wire)

The exponential growth in mobile data traffic due to the use of HMI
technologies, the emergence of loT, and cloud computing is driving the
adoption of Al in data centers. PLDs can be programmed, and they provide
the flexibility of reprogramming as per the application requirement.
PLDs such as FPGAs are used to accelerate applications such as machine
learning, ultra-high-definition (UHD) video streaming and complex data
analytics that can enable server specialization. Also, with the
increasing adoption of applications such as speech recognition, Al,
next-generation wireless networks, and HPC, there will be a high
requirement of electronic components to process large volumes of data at
faster speeds. Thus, PLDs with higher computing speed capabilities are
being launched. The increasing demand for faster computing speeds will
aid in the adoption of PLD in data centers, leading to the growth of the
global PLD market.

As per Technavio, the developing partnerships for development of PLD
technologies will have a positive impact on the market and contribute to
its growth significantly over the forecast period. This global
programmable logic devices (PLD) market
2019-2023 research report also analyzes other important
trends and market drivers that will affect market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Global programmable logic devices market:
Increasing partnerships for development of PLD technologies

To achieve high data transmission speeds, PLDs are being incorporated in
data centers and telecommunication networks. Also, they are used in
industrial systems, consumer electronics, and automobile systems, which
are undergoing digitalization with the adoption of edge computing and
autonomous vehicles.

Vendors in the market are forming strategic partnerships with market
participants to aid in the adoption of PLDs across various industries.
These strategic collaborations not only help in the development of
innovative PLDs for existing and emerging applications but also in
reducing the time-to-market. Thus, the increasing number of partnerships
for the development of PLDs can lead to the growth of the global PLD
market during the forecast period.

“Apart from the increasing partnerships for development of PLD
technologies, some other major factors boosting the growth of the global
market are increasing demand for high-speed telecommunication base
stations, rising demand for consumer electronics and rising demand for
in-vehicle electronics,” says a senior analyst at Technavio.

Global programmable logic devices market:
Segmentation analysis

This market research report segments the global programmable logic
devices market by application (communication and data processing,
industrial, automotive, others) and geographical regions (APAC, EMEA,
North America, and South America).

The APAC region led the market in 2018 with a market share of over 30%,
followed by EMEA, North America, and South America respectively. During
the forecast period, the APAC region is expected to continue dominating
the global market as well as register the highest incremental growth.

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Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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