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  2. About $600 billion

    As the impact of digital on lives and businesses has accelerated, semiconductor markets have boomed, with sales growing by more than 20 percent to about $600 billion in 2021. McKinsey analysis based on a range of macroeconomic assumptions suggests the industry’s aggregate annual growth could average from 6 to 8 percent a year up to 2030.
    www.mckinsey.com/industries/semiconductors/our-insights/the-semiconductor-decade-a-trillion-dollar-industry
    www.mckinsey.com/industries/semiconductors/our-insights/the-semiconductor-d…
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  3. People also ask
    What is the global semiconductor market size?The Global Semiconductors Market Size was Valued at USD 611.56 Billion in 2023 and the Worldwide Semiconductors Market is Expected to reach USD 1123.44 Billion by 2033, according to a research report published by Spherical Insights & Consulting.
    How big is the semiconductor market in 2022?The semiconductor market Size is projected to grow from $573.44 billion in 2022 to $ 1,380.79 billion by 2029, with 12.2% CAGR during forecast period.
    How much did the semiconductor industry make in 2023?WASHINGTON—Feb. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry’s highest-ever annual total. Sales picked up during the second half of 2023.
    How did semiconductor sales perform in the first quarter of 2024?Global semiconductor industry sales for first-quarter of 2024 jumped 15.2% year-over-year to $137.7 billion, according to data from the Semiconductor Industry Association [SIA]. Sales for March fell 0.6% compared to February 2024, SIA added.
     
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    Web5 days ago · 08:05 AM ET 05/06/2024. Chip stocks range from giants like Intel ( INTC ), Qualcomm ( QCOM ), AMD ( AMD ), Nvidia ( NVDA) and Taiwan Semiconductor ( TSM) down to lesser-known names like Qorvo (...

  14. The semiconductor decade: A trillion-dollar industry

    WebApr 1, 2022 · As the impact of digital on lives and businesses has accelerated, semiconductor markets have boomed, with sales growing by more than 20 percent to about $600 billion in 2021. McKinsey analysis …

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