Press release
Semiconductor and Related Devices Global Market Report 2025: Projections and Trends
Semiconductor And Related Devices Global Market Strategies
Exponential growth expected in the global semiconductor and related devices market, driven by rising electronic device demand, an expanding automotive industry and the advancement of renewable energy technologies.
What Is The Projected Market Size Of The Global Semiconductor And Related Devices Global Market Report 2025 And Its Growth Rate?
•The global market for semiconductors and related devices exceeded $576.25 billion in 2024 and is projected to reach $637.51 billion in 2025 at a 10.6% CAGR.
•Driven by consumer electronics demand, automotive industry growth, industrial automation, and renewable energy technologies, the market posted significant growth during the historical period.
•The market size is expected to grow to $924.2 billion in 2029, posting a 9.7% CAGR, propelled by 5G network deployment, IoT and edge computing expansion, electric and autonomous vehicles, AI and machine learning applications, and medical electronics and healthcare technologies.
What Is Driving The Growth In The Semiconductor And Related Devices Global Market Report 2025?
The increased use and penetration of mobiles, tablets, and other electronics fuel the growth of the semiconductors and related devices market. Increasing sales of electronic devices such as smartphones and tablets necessitate memory chips to store increased data generation and consumption. For instance, Us witch Limited reported that 71.8 million mobile connections were active in 2022, a 3.8% increase from 2021. Given that 95% of the UK's projected population of 68.3 million will possess smartphones by 2025, the rising use of smartphones propels the growth of the semiconductor and related devices market.
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Who Are the Key Players Driving Semiconductor And Related Devices Global Market Report 2025 Growth?
•Samsung Electronics Co. Ltd.
•Sony Corporation
•Taiwan Semiconductor Manufacturing Company Ltd.
•Intel Corporation
•Qualcomm Incorporated
•SK Hynix Inc.
•Broadcom Inc.
•Micron Technology Inc.
•Fujitsu Microelectronics Asia Pacific Limited
•NVIDIA Corporation
What Are The Key Trends In The Semiconductor And Related Devices Global Market Report 2025?
•Increased demand for automotive semiconductors.
•IoT and wearable device integration.
•Production of customized and specialized chips.
•Global collaboration and partnerships.
•Resilience against geopolitical challenges.
What Are The Segments Of The Global Semiconductor And Related Devices Global Market Report 2025?
•By Product Type: Integrated Circuits, Memory Chips, Microprocessors, Other Product Types.
•By Type: Intrinsic Semiconductor, Extrinsic Semiconductor.
•By End-Use Industry: Information Technology, Aerospace & Defense, Consumer Electronics, Automotive, Healthcare, Other End-Users.
Which Region Leads The Semiconductor And Related Devices Global Market Report 2025?
Asia-Pacific was the largest region in the semiconductor and related devices market in 2024, followed by North America. The regions considered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Semiconductor And Related Devices Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Semiconductor And Related Devices Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Semiconductor And Related Devices Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Semiconductor And Related Devices Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Semiconductor And Related Devices Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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