Semiconductor Market Size, Share, and Trends 2024 to 2034

The global semiconductor market size is calculated at USD 627.76 billion in 2025 and is forecasted to reach around USD 1,207.51 billion by 2034, accelerating at a CAGR of 7.54% from 2025 to 2034. The Asia Pacific semiconductor market size accounted for USD 332.95 billion in 2025 and is expanding at a CAGR of 7.72% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 1376
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Semiconductor Market 

5.1. COVID-19 Landscape: Semiconductor Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Semiconductor Market, By Component

8.1. Semiconductor Market, by Component Type

8.1.1. Logic Devices

8.1.1.1. Market Revenue and Forecast

8.1.2. MPU

8.1.2.1. Market Revenue and Forecast

8.1.3. Power Devices

8.1.3.1. Market Revenue and Forecast

8.1.4. MCU

8.1.4.1. Market Revenue and Forecast

8.1.5. Analog IC

8.1.5.1. Market Revenue and Forecast

8.1.6. Memory Devices

8.1.6.1. Market Revenue and Forecast

8.1.7. Sensors

8.1.7.1. Market Revenue and Forecast

8.1.8. Discrete Power Devices

8.1.8.1. Market Revenue and Forecast

8.1.9. Others

8.1.9.1. Market Revenue and Forecast

Chapter 9. Global Semiconductor Market, By Application

9.1. Semiconductor Market, by Application

9.1.1. Data Processing

9.1.1.1. Market Revenue and Forecast

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast

9.1.3. Networking & Communications

9.1.3.1. Market Revenue and Forecast

9.1.4. Consumer Electronics

9.1.4.1. Market Revenue and Forecast

9.1.5. Automotive

9.1.5.1. Market Revenue and Forecast

9.1.6. Government

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Semiconductor Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Component

10.1.2. Market Revenue and Forecast, by Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Component

10.1.3.2. Market Revenue and Forecast, by Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Component

10.1.4.2. Market Revenue and Forecast, by Application

10.2. Europe

10.2.1. Market Revenue and Forecast, by Component

10.2.2. Market Revenue and Forecast, by Application

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Component

10.2.3.2. Market Revenue and Forecast, by Application

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Component

10.2.4.2. Market Revenue and Forecast, by Application

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Component

10.2.5.2. Market Revenue and Forecast, by Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Component

10.2.6.2. Market Revenue and Forecast, by Application

10.3. APAC

10.3.1. Market Revenue and Forecast, by Component

10.3.2. Market Revenue and Forecast, by Application

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Component

10.3.3.2. Market Revenue and Forecast, by Application

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Component

10.3.4.2. Market Revenue and Forecast, by Application

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Component

10.3.5.2. Market Revenue and Forecast, by Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Component

10.3.6.2. Market Revenue and Forecast, by Application

10.4. MEA

10.4.1. Market Revenue and Forecast, by Component

10.4.2. Market Revenue and Forecast, by Application

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Component

10.4.3.2. Market Revenue and Forecast, by Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Component

10.4.4.2. Market Revenue and Forecast, by Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Component

10.4.5.2. Market Revenue and Forecast, by Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Component

10.4.6.2. Market Revenue and Forecast, by Application

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Component

10.5.2. Market Revenue and Forecast, by Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Component

10.5.3.2. Market Revenue and Forecast, by Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Component

10.5.4.2. Market Revenue and Forecast, by Application

Chapter 11. Company Profiles

11.1. Intel Corporation

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Qualcomm Technologies, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Broadcom, Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Taiwan Semiconductors

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Samsung Electronics

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Texas Instruments

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. SK Hynix

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Micron Technology

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. NXP Semiconductors

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Maxim Integrated Products, Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global semiconductor market size was reached at USD 584.17 billion in 2024 and projected to hit USD 1,207.51 billion by 2034.

The major players operating in the semiconductor market are Broadcom, Inc., Intel Corporation, Qualcomm Technologies, Inc., Taiwan Semiconductors, NXP Semiconductors, Samsung Electronics, Texas Instruments, SK Hynix, Micron Technology, Maxim Integrated Products, Inc.

The global semiconductor market poised to grow at a compound annual growth rate (CAGR) of 7.54% during the forecast period 2025 to 2034.

The global semiconductors market is primarily driven by the rising demand for the consumer electronics, industrial tools & equipment, automotive products, and networking and communication products.

Asia Pacific dominated the global semiconductors market and is estimated to sustain its dominance during the forecast period.

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