Semiconductor Market 2025-2029
The semiconductor market is forecasted to grow by USD 157.1 bn during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the semiconductor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of iot devices, increasing number of data centers, and rising demand from automotive industry.
Technavio's semiconductor market is segmented as below:
By Application
- N and C
- Data processing
- Industrial
- Consumer electronics
- Others
By Product
- ICs
- Optoelectronics
- Discrete semiconductors
- Sensors
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing adoption of sustainability manufacturing as one of the prime reasons driving the semiconductor market growth during the next few years. Also, rising demand for 5g chipset and development of ai-specific chips will lead to sizable demand in the market.
The report on the semiconductor market covers the following areas:
- Semiconductor Market sizing
- Semiconductor Market forecast
- Semiconductor Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading semiconductor market vendors that include Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corp., MediaTek Inc., Microchip Technology Inc., Micron Technology Inc., NVIDIA Corp., NXP Semiconductors NV, ON Semiconductor Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Skyworks Solutions Inc., Sony Group Corp., STMicroelectronics NV, Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments Inc., Toshiba Corp., and Wolfspeed Inc.. Also, the semiconductor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.