Frequently Asked Questions
The global semiconductor market is predicted to develop at a compound annual growth rate of 11.00 % from 2022-2032 to reach up to USD 1,529.96 billion by 2032.
The Asia Pacific dominated the semiconductor market with a share of 43.21 % in 2021. This is due to the rising popularity of high-end technological devices combined with low electronics prices, is causing an increase in consumption relating to consumer electronics.
Some of the key market players operating in the semiconductor market are Broadcom, Inc., Intel Corporation, Qualcomm, Samsung Electronics, SK Hynix, Taiwan Semiconductors, Texas Instruments, Toshiba Corporation, and Maxim Integrated Products, Inc.
This market's growth can be attributed to the rising global consumption of consumer electronics devices. Furthermore, the emergence of artificial intelligence (AI), the Internet of Things (IoT), and machine learning (ML) technologies are opening up new opportunities.
The global impact of COVID-19 has been unmatched and staggering, witnessing a medium effect on demand across all the regions amid the pandemic. Based on our analysis, the global market exhibited a negative growth in 2020 compared to the average year-on-year growth during 2017-2019.
Published on : October, 2022
Base Year : 2022
Historical Data on : 2017
No. of pages : 190
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