Top 11 Growth Opportunities in the Semiconductor Sector 2024

Top 11 Growth Opportunities in the Semiconductor Sector 2024

AI, Materials Beyond Silicon, and Sustainability Integral to Navigating Growth Uncertainties

This study provides a strategic roadmap to navigate the global scenario and capitalize on emerging growth opportunities in the semiconductor sector. Frost & Sullivan’s semiconductor program offers a comprehensive view of strategic imperatives, market projections, and calls to action that market participants and value chain partners need to plot their growth and innovation strategies.

In this Top 11 Growth Opportunities study, Frost & Sullivan identifies key emerging trends for 2024 that will shape the semiconductor sector, including areas related to technology, materials, public initiatives, business models, and end users’ changing requirements. It highlights companies that exhibit best practices in response to these trends and are better positioned against the competition to achieve growth. Discussions include the impact of artificial intelligence and its opportunity as an enabler in new material discovery, solving design challenges, testing and inspection, and as a semiconductor product in providing real-time intelligence at the edge.

Other important trends the report covers include the impact of geopolitical chaos, the global race toward self-sufficiency, the unconstrained opportunity of RISC-V, the importance of sustainability, accelerated growth in silicon photonics, advanced packaging, and the emergence of compound semiconductors for high-performance and energy-efficient products that enable a greener world.