diff --git a/libpldm/firmware_update.c b/libpldm/firmware_update.c
index b0daddb..58dd21f 100644
--- a/libpldm/firmware_update.c
+++ b/libpldm/firmware_update.c
@@ -1,5 +1,6 @@
 #include "firmware_update.h"
 #include <endian.h>
+#include <string.h>
 
 int encode_query_device_identifiers_req(uint8_t instance_id,
 					size_t payload_length,
@@ -154,3 +155,77 @@
 
 	return PLDM_SUCCESS;
 }
+
+int decode_get_firmware_parameters_resp_comp_entry(
+    const uint8_t *data, size_t length,
+    struct pldm_component_parameter_entry *component_data,
+    struct variable_field *active_comp_ver_str,
+    struct variable_field *pending_comp_ver_str)
+{
+	if (data == NULL || component_data == NULL ||
+	    active_comp_ver_str == NULL || pending_comp_ver_str == NULL) {
+		return PLDM_ERROR_INVALID_DATA;
+	}
+
+	if (length < sizeof(struct pldm_component_parameter_entry)) {
+		return PLDM_ERROR_INVALID_LENGTH;
+	}
+
+	struct pldm_component_parameter_entry *entry =
+	    (struct pldm_component_parameter_entry *)(data);
+	if (entry->active_comp_ver_str_len == 0) {
+		return PLDM_ERROR_INVALID_LENGTH;
+	}
+
+	size_t entry_length = sizeof(struct pldm_component_parameter_entry) +
+			      entry->active_comp_ver_str_len +
+			      entry->pending_comp_ver_str_len;
+
+	if (length != entry_length) {
+		return PLDM_ERROR_INVALID_LENGTH;
+	}
+
+	component_data->comp_classification =
+	    le16toh(entry->comp_classification);
+	component_data->comp_identifier = le16toh(entry->comp_identifier);
+	component_data->comp_classification_index =
+	    entry->comp_classification_index;
+	component_data->active_comp_comparison_stamp =
+	    le32toh(entry->active_comp_comparison_stamp);
+	component_data->active_comp_ver_str_type =
+	    entry->active_comp_ver_str_type;
+	component_data->active_comp_ver_str_len =
+	    entry->active_comp_ver_str_len;
+	memcpy(component_data->active_comp_release_date,
+	       entry->active_comp_release_date,
+	       sizeof(entry->active_comp_release_date));
+	component_data->pending_comp_comparison_stamp =
+	    le32toh(entry->pending_comp_comparison_stamp);
+	component_data->pending_comp_ver_str_type =
+	    entry->pending_comp_ver_str_type;
+	component_data->pending_comp_ver_str_len =
+	    entry->pending_comp_ver_str_len;
+	memcpy(component_data->pending_comp_release_date,
+	       entry->pending_comp_release_date,
+	       sizeof(entry->pending_comp_release_date));
+	component_data->comp_activation_methods.value =
+	    le16toh(entry->comp_activation_methods.value);
+	component_data->capabilities_during_update.value =
+	    le32toh(entry->capabilities_during_update.value);
+
+	active_comp_ver_str->ptr =
+	    data + sizeof(struct pldm_component_parameter_entry);
+	active_comp_ver_str->length = entry->active_comp_ver_str_len;
+
+	if (entry->pending_comp_ver_str_len != 0) {
+
+		pending_comp_ver_str->ptr =
+		    data + sizeof(struct pldm_component_parameter_entry) +
+		    entry->active_comp_ver_str_len;
+		pending_comp_ver_str->length = entry->pending_comp_ver_str_len;
+	} else {
+		pending_comp_ver_str->ptr = NULL;
+		pending_comp_ver_str->length = 0;
+	}
+	return PLDM_SUCCESS;
+}
diff --git a/libpldm/firmware_update.h b/libpldm/firmware_update.h
index dc6d7d6..1c3e21b 100644
--- a/libpldm/firmware_update.h
+++ b/libpldm/firmware_update.h
@@ -45,6 +45,26 @@
 	uint8_t pending_comp_image_set_ver_str_len;
 } __attribute__((packed));
 
+/** @struct pldm_component_parameter_entry
+ *
+ *  Structure representing component parameter table entry.
+ */
+struct pldm_component_parameter_entry {
+	uint16_t comp_classification;
+	uint16_t comp_identifier;
+	uint8_t comp_classification_index;
+	uint32_t active_comp_comparison_stamp;
+	uint8_t active_comp_ver_str_type;
+	uint8_t active_comp_ver_str_len;
+	uint8_t active_comp_release_date[8];
+	uint32_t pending_comp_comparison_stamp;
+	uint8_t pending_comp_ver_str_type;
+	uint8_t pending_comp_ver_str_len;
+	uint8_t pending_comp_release_date[8];
+	bitfield16_t comp_activation_methods;
+	bitfield32_t capabilities_during_update;
+} __attribute__((packed));
+
 /** @brief Create a PLDM request message for QueryDeviceIdentifiers
  *
  *  @param[in] instance_id - Message's instance id
@@ -112,6 +132,24 @@
     struct variable_field *active_comp_image_set_ver_str,
     struct variable_field *pending_comp_image_set_ver_str);
 
+/** @brief Decode component entries in the component parameter table which is
+ *         part of the response of GetFirmwareParameters command
+ *
+ *  @param[in] data - Component entry
+ *  @param[in] length - Length of component entry
+ *  @param[out] component_data - Pointer to component parameter table
+ *  @param[out] active_comp_ver_str - Pointer to active component version string
+ *  @param[out] pending_comp_ver_str - Pointer to pending component version
+ *                                     string
+ *
+ *  @return pldm_completion_codes
+ */
+int decode_get_firmware_parameters_resp_comp_entry(
+    const uint8_t *data, size_t length,
+    struct pldm_component_parameter_entry *component_data,
+    struct variable_field *active_comp_ver_str,
+    struct variable_field *pending_comp_ver_str);
+
 #ifdef __cplusplus
 }
 #endif
diff --git a/libpldm/pldm_types.h b/libpldm/pldm_types.h
index ee823a5..5e7e068 100644
--- a/libpldm/pldm_types.h
+++ b/libpldm/pldm_types.h
@@ -31,6 +31,28 @@
 typedef uint8_t bool8_t;
 
 typedef union {
+	uint16_t value;
+	struct {
+		uint8_t bit0 : 1;
+		uint8_t bit1 : 1;
+		uint8_t bit2 : 1;
+		uint8_t bit3 : 1;
+		uint8_t bit4 : 1;
+		uint8_t bit5 : 1;
+		uint8_t bit6 : 1;
+		uint8_t bit7 : 1;
+		uint8_t bit8 : 1;
+		uint8_t bit9 : 1;
+		uint8_t bit10 : 1;
+		uint8_t bit11 : 1;
+		uint8_t bit12 : 1;
+		uint8_t bit13 : 1;
+		uint8_t bit14 : 1;
+		uint8_t bit15 : 1;
+	} __attribute__((packed)) bits;
+} bitfield16_t;
+
+typedef union {
 	uint32_t value;
 	struct {
 		uint8_t bit0 : 1;
diff --git a/libpldm/tests/libpldm_firmware_update_test.cpp b/libpldm/tests/libpldm_firmware_update_test.cpp
index b02e8ca..3e35cf6 100644
--- a/libpldm/tests/libpldm_firmware_update_test.cpp
+++ b/libpldm/tests/libpldm_firmware_update_test.cpp
@@ -146,3 +146,94 @@
                         response.data() + pendingCompImageSetVerStrPos,
                         outPendingCompImageSetVerStr.length));
 }
+
+TEST(GetFirmwareParameters, goodPathDecodeComponentParameterEntry)
+{
+    // Random value for component classification
+    constexpr uint16_t compClassification = 0x0A0B;
+    // Random value for component classification
+    constexpr uint16_t compIdentifier = 0x0C0D;
+    // Random value for component classification
+    constexpr uint32_t timestamp = 0X12345678;
+    // Random value for component activation methods
+    constexpr uint16_t compActivationMethods = 0xBBDD;
+    // Random value for capabilities during update
+    constexpr uint32_t capabilitiesDuringUpdate = 0xBADBEEFE;
+
+    // ActiveCompImageSetVerStrLen is not fixed here taking it as 8
+    constexpr uint8_t activeCompVerStrLen = 8;
+    // PendingCompImageSetVerStrLen is not fixed here taking it as 8
+    constexpr uint8_t pendingCompVerStrLen = 8;
+    constexpr size_t entryLength =
+        sizeof(struct pldm_component_parameter_entry) + activeCompVerStrLen +
+        pendingCompVerStrLen;
+    std::array<uint8_t, entryLength> entry{};
+
+    auto inEntry =
+        reinterpret_cast<struct pldm_component_parameter_entry*>(entry.data());
+
+    inEntry->comp_classification = htole16(compClassification);
+    inEntry->comp_identifier = htole16(compIdentifier);
+    inEntry->comp_classification_index = 0x0F;
+    inEntry->active_comp_comparison_stamp = htole32(timestamp);
+    inEntry->active_comp_ver_str_type = 1;
+    inEntry->active_comp_ver_str_len = activeCompVerStrLen;
+    std::fill_n(inEntry->active_comp_release_date,
+                sizeof(inEntry->active_comp_release_date), 0xFF);
+    inEntry->pending_comp_comparison_stamp = htole32(timestamp);
+    inEntry->pending_comp_ver_str_type = 1;
+    inEntry->pending_comp_ver_str_len = pendingCompVerStrLen;
+    std::fill_n(inEntry->pending_comp_release_date,
+                sizeof(inEntry->pending_comp_release_date), 0xFF);
+    inEntry->comp_activation_methods.value = htole16(compActivationMethods);
+    inEntry->capabilities_during_update.value =
+        htole32(capabilitiesDuringUpdate);
+    constexpr auto activeCompVerStrPos =
+        sizeof(struct pldm_component_parameter_entry);
+    std::fill_n(entry.data() + activeCompVerStrPos, activeCompVerStrLen, 0xAA);
+    constexpr auto pendingCompVerStrPos =
+        activeCompVerStrPos + activeCompVerStrLen;
+    std::fill_n(entry.data() + pendingCompVerStrPos, pendingCompVerStrLen,
+                0xBB);
+
+    struct pldm_component_parameter_entry outEntry;
+    struct variable_field outActiveCompVerStr;
+    struct variable_field outPendingCompVerStr;
+
+    auto rc = decode_get_firmware_parameters_resp_comp_entry(
+        entry.data(), entryLength, &outEntry, &outActiveCompVerStr,
+        &outPendingCompVerStr);
+
+    EXPECT_EQ(rc, PLDM_SUCCESS);
+
+    EXPECT_EQ(outEntry.comp_classification, compClassification);
+    EXPECT_EQ(outEntry.comp_identifier, compIdentifier);
+    EXPECT_EQ(inEntry->comp_classification_index,
+              outEntry.comp_classification_index);
+    EXPECT_EQ(outEntry.active_comp_comparison_stamp, timestamp);
+    EXPECT_EQ(inEntry->active_comp_ver_str_type,
+              outEntry.active_comp_ver_str_type);
+    EXPECT_EQ(inEntry->active_comp_ver_str_len,
+              outEntry.active_comp_ver_str_len);
+    EXPECT_EQ(0, memcmp(inEntry->active_comp_release_date,
+                        outEntry.active_comp_release_date,
+                        sizeof(inEntry->active_comp_release_date)));
+    EXPECT_EQ(outEntry.pending_comp_comparison_stamp, timestamp);
+    EXPECT_EQ(inEntry->pending_comp_ver_str_type,
+              outEntry.pending_comp_ver_str_type);
+    EXPECT_EQ(inEntry->pending_comp_ver_str_len,
+              outEntry.pending_comp_ver_str_len);
+    EXPECT_EQ(0, memcmp(inEntry->pending_comp_release_date,
+                        outEntry.pending_comp_release_date,
+                        sizeof(inEntry->pending_comp_release_date)));
+    EXPECT_EQ(outEntry.comp_activation_methods.value, compActivationMethods);
+    EXPECT_EQ(outEntry.capabilities_during_update.value,
+              capabilitiesDuringUpdate);
+
+    EXPECT_EQ(0, memcmp(outActiveCompVerStr.ptr,
+                        entry.data() + activeCompVerStrPos,
+                        outActiveCompVerStr.length));
+    EXPECT_EQ(0, memcmp(outPendingCompVerStr.ptr,
+                        entry.data() + pendingCompVerStrPos,
+                        outPendingCompVerStr.length));
+}