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  2. The global semiconductor market is projected to grow significantly in the coming years. In 2024, it is expected to reach $624 billion, growing by 16.8%1. The market size was valued at $527.88 billion in 2021 and is projected to grow to $1,380.79 billion by 2029, with Asia Pacific dominating the global market2. In February 2024, global semiconductor industry sales totaled $46.2 billion, showing a year-to-year growth of 16.3%3. The market is projected to continue growing at a CAGR of 7.7% between 2024 and 2032, reaching around $1,218.58 billion by 20324.
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    Global semiconductor revenue is projected to grow 16.8% in 2024 to total $624 billion, according to the latest forecast from Gartner, Inc. In 2023, the market is forecast to decline 10.9% and reach $534 billion.

    Gartner Forecasts Worldwide Semicond…

    www.gartner.com/en/newsroom/press-releases/20…
    The semiconductor market size was valued at USD 527.88 billion in 2021 and is projected to grow from USD 573.44 billion in 2022 to USD 1,380.79 billion in 2029, exhibiting a CAGR of 12.2% during 2022-2029. Asia Pacific dominated the global market with a share of 54.92% in 2022.

    Semiconductor Market Size & Share | In…

    www.fortunebusinessinsights.com/semiconductor-…
    Year-to-year market growth in February is largest since May 2022; worldwide chip sales decrease 3.1% month-to-month WASHINGTON—April 3, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $46.2 billion during the month of February 2024, an increase of 16.3% compared to the February 2023 total of $39.7 billion but a decrease of ]

    Semiconductor Latest News | SIA | Semi…

    www.semiconductors.org/news-events/latest-news/
    The global semiconductor market size reached approximately USD 625.05 billion in 2023. The market is projected to grow at a CAGR of 7.7% between 2024 and 2032, reaching a value of around USD 1,218.58 billion by 2032.

    Semiconductor Market Size, Share | Ind…

    www.expertmarketresearch.com/reports/semicond…
     
  3. People also ask
    What's going on with the semiconductor industry?Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Semiconductor companies have signalled that the industry’s sharpest slowdown in more than a decade is lasting longer than expected, as weakening demand for automotive components compounds slumping personal computer and smartphone sales.

    Chip industry slowdown will last longer than expected, manufacturers …

    ft.com
    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.

    Global Semiconductors Market Size To Exceed USD 1123.44 Billion By …

    finance.yahoo.com
    Are semiconductor stocks helping the broader market?REUTERS/Ann Wang/File Photo Purchase Licensing Rights NEW YORK, Jan 18 (Reuters) - An index of semiconductor stocks (.SOX) was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor Manufacturing (2330.TW) cited strong demand for high-end chips used in artificial intelligence (AI).

    US semiconductor index jumps as TSMC signals strong AI chip demand

    reuters.com
    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.

    Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds …

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    • Yahoo Finance
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      Global Semiconductors Market Size To Exceed USD 1123.44 …

    • Bloomberg
      https://www.bloomberg.com/news/articles/2024-04-18/...

      TSMC Cuts Chip Market Outlook as Consumer Weakness Persists

    • Reuters
      https://www.reuters.com/technology/tsmc-set-report...

      TSMC expects Q2 sales to jump on 'insatiable' AI demand

    • Financial Times
      https://www.ft.com/content/6973aa75-0e25-49b8-b59d-5e8d38faa6b2

      Chip industry slowdown will last longer than expected, …

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      US semiconductor index jumps as TSMC signals strong AI chip …

    • Financial Times
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      Semiconductors - Financial Times

    • Gartner
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      Gartner Forecasts Worldwide Semiconductor Revenue to Grow …

    • SEMI
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      Global Semiconductor Industry on Track for 2024 Recovery but …

    • MIT Technology Review
      https://www.technologyreview.com/2023/01/03/1065959

      What’s next for the chip industry - MIT Technology Review

    • WSTS
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      Recent News Release - WSTS

    • CNBC
      https://www.cnbc.com/2023/07/28/how-the-world-went...

      How the world went from a semiconductor shortage to a major …

    • Semiconductor Industry Association
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      Global Semiconductor Sales Increase 3.9% Month-to-Month in …

    • Nikkei Asia
      https://asia.nikkei.com/Business/Tech/Semiconductors

      Semiconductors: News & Insights - Nikkei Asia

    • Deloitte US
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      2024 Semiconductor Industry Outlook | Deloitte US

    • New York Times
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      Plans to Expand U.S. Chip Manufacturing Are ... - The New York …

    • Sourcengine
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      Semiconductor Industry News - April 2024 Update | Sourcengine

    • Financial Times
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      2024 set to be crucial year for global semiconductor industry

    • Tom's Hardware
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      China to lead semiconductor industry expansion with 18 new fabs …

    • Markets Insider
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      3 Semiconductor Stocks That Could Be Multibaggers in the …

    • TechHQ
      https://techhq.com/2023/12/why-is-2024-the-year-of...

      How will the semiconductor market play out in 2024?

    • Yahoo Finance
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      New Omdia Research Reveals 2023 Semiconductor Market …

    • semiconductorwatch.com
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      semiconductor watch – Investing in Semiconductors? Get the …

    • InvestorPlace
      https://investorplace.com/2024/04/amd-stock-vs-the...

      AMD Stock vs. The World: Can This Semiconductor David

    • Infineon Technologies
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      Infineon expands its leading market position in automotive ...

    • Business Insider
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      Stock Market News Today: Nasdaq 100 Leads US Futures in Gains

    • CNBC
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      Stock market today: Live updates - CNBC