How big is the Global Semiconductor Device Market?

The Global Semiconductor Device Market size is expected to reach USD 621.01 billion in 2024 and grow at a CAGR of 8.39% to reach USD 928.93 billion by 2029. Read More

What is the current Global Semiconductor Device Market size?

In 2024, the Global Semiconductor Device Market size is expected to reach USD 621.01 billion. Read More

Who are the key players in Global Semiconductor Device Market?

Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Incorporated and STMicroelectronics NV are the major companies operating in the Global Semiconductor Device Market. Read More

What years does this Global Semiconductor Device Market cover, and what was the market size in 2023?

In 2023, the Global Semiconductor Device Market size was estimated at USD 568.91 billion. The report covers the Global Semiconductor Device Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Semiconductor Device Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Semiconductor Device Market

Semiconductor Device Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Semiconductor Device Market Report is Segmented by Device Type (Discrete Semiconductors, Optoelectronics, Sensors, Integrated Circuits (Analog, Logic, Memory, Micro (Microprocessors (MPU), Microcontrollers (MCU), Digital Signal Processors)), by End-User Application (Automotive, Communication (Wired and Wireless), Consumer, Industrial, Computing/Data Storage, Government (Aerospace & Defense)), and Geography (United States, Europe, Japan, China, Korea, Taiwan, Rest of the World). The Report Offers Market Forecasts and Size in Volume (Units) and Value (USD) for all the Above Segments.

Semiconductor Device Industry Overview

The semiconductor device market is semi-consolidated. It fluctuates with growing consolidation, technological advancement, and geopolitical scenarios. In addition to this increasing vertical integration of Foundries and IDMs, intense competition in the market studied is expected to rise, considering their ability to invest, which results from their revenues. Some players include Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Incorporated, and STMicroelectronics NV.

• March 2024 - Amazon Web Services and Nvidia announced the extension of their collaboration to advance Gen AI innovation. To help customers unlock advanced generative artificial intelligence capabilities, Blackwell will offer the NVIDIA GB200 Grace Blackwell super chip and B100 Tensor core GPUs, which will extend the long-standing strategic collaboration between the two companies to deliver the most secure and advanced infrastructure, software, and services.

• February 2024 - Intel Corporation unveiled Intel Foundry, a sustainable systems foundry tailored for the AI era. They also revealed an extended process roadmap to solidify their leadership well into the 2020s. The company emphasized strong customer backing and ecosystem support, with key partners like Synopsys, Cadence, Siemens, and Ansys, all geared to expedite chip design for Intel Foundry's clientele through advanced tools and design flows.