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Increasing Demand for Smartphones and Tablets to Drive Growth of Global Complex Programmable Logic Device (CPLD) Market

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Published on : Feb 11, 2021

A recent market research report added in the vast research report repository of ResearchMoz that talks about the global complex programmable logic device (CPLD) market and its overall working dynamics. This report of the complex programmable logic device (CPLD) market offers comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies. 

A complex programmable logic device or CPLD is a type of programmable logic device that has the complexity between the FPGA and programmable array logic. This programmable logic device has the architectural characteristics of both the aforementioned components. CPLD comes with fully programmable OR/AND arrays as well as macrocells. The macrocells combine to form the fundamental building blocks of the device. These OR/AND arrays are fully reprogrammable and are responsible for carrying out several different logic function in a device. 

There are several different factors that are contributing to the overall development of the global complex programmable logic device (CPLD) market. One of the major driving facto for the development of the global market has been the recent popularity and adoption rate of smartphones and tablets reaching its peak. People across the globe now have a higher disposable income and are able to afford premium technology product. This has naturally increased the demand for smartphones and tablets. This in return has helped in driving the growth of the complex programmable logic device (CPLD) market. In addition to this, with the prevalence of low-cost smartphones now being prevalent in emerging and highly lucrative markets such as India and China, the demand for complex programmable logic device (CPLD) devices is projected increase even further. 

IoT to Create Ample Development Opportunities for Market

A key trend observed in the global market for complex programmable logic device (CPLD) is of the growing popularity of Internet of Things (IoT). IoT consists of a huge list of applications that range from automobiles to wearables and smart consumer electronics. This is expected to further improve the demand for complex programmable logic device (CPLD) in the coming years of the forecast period.

However, there are some factors that might impede the development of the global market in the near future. One of the key impeding factor for the market development has been development of highly efficient FPGAs. In recent years, there has been a tremendous rise in the use of FPGAs in variety of end user sectors such as defense, military, and automation among others. This increasing use of highly efficient FPGAs is expected to have an adverse impact on the development of the global market in the coming years of the forecast period. 

Get Sample PDF (including COVID19 Impact Analysis, full TOC, Tables and Figures) of Market Report @ https://www.researchmoz.us/enquiry.php?type=S&repid=2617638

In terms of regional segmentation, there are five key regions of the global complex programmable logic device (CPLD) market. These regions are North America, Europe, Asia Pacific, Middle East and Africa, Asia Pacific, and Latin America. Of these, the regional segment of Asia Pacific is expected to lead the global market for complex programmable logic device (CPLD) in the coming years of the forecast period. Increasing demand for smartphones and tablets in the emerging economies such as India and China is the key growth factor of the Asia Pacific region. In addition to this, growing industrialization and urbanization in this region is also expected to help in the overall development of the regional market. 

Some of the key players in the global complex programmable logic device (CPLD) market are Intel (Altera), Lattice Semiconductor, Microchip Technology (Atmel), XILINX, Cypress Semiconductor, Siligo, and Uolveic among others.