Munich, Germany. SiFive, Inc. announced an innovative design of its SiFive Essential product family at the RISC-V Summit Europe 2024. With over a decade of development, the Essential IP has demonstrated its field-proven reliability and is currently in use in billions of products, including mobile phones, sensors, SSDs, FPGA platforms, surveillance cameras, smartwatches, and more.
“The embedded space in 2024 represents a huge ($257 billion) market opportunity, growing with an 8.3% CAGR through 2030. RISC-V and SiFive have been increasingly gaining momentum and taking share from the other ISAs. SiFive is launching the products that these customers need while also innovating at the high performance and advanced AI levels,” said Rich Wawrzyniak, Principal Analyst at The SHD Group.
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