The Market Statsville Group (MSG) publishes the new report on the “Semiconductor Industry Landscape Market by Component Type (Memory, Micro component, OSD, Analog, and Logic), by Application (Automotive, Communications, Industrial, Data Processing, and Consumer Electronics), by Region – Global Share and Forecast to 2030“.
Theglobal semiconductor industry landscape market size is expected to reach USD 911.1 billion by 2030 from USD 471.3 billion in 2021, growing at a CAGR of 7.6% during the forecast period. Due to the advancements in technologies such as artificial intelligence (AI), 5G, autonomous driving, and the internet of things, as well as consistent R&D spending and competition among the major players, the global semiconductor industry is likely to continue growing strongly well into the next decade.
Further, AI is anticipated to improve semiconductor manufacturing with faster completion cycles, increased output, and lower production costs. Moreover, the demand for AI-based applications across all industries is expected to create new growth opportunities for the semiconductor industry.
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Global Semiconductor Industry Landscape Market Segmentation
The overall semiconductor industry landscape market has been segmented into the component, application, and region.
- By Component Type (Memory, Micro component, OSD, Analog, and Logic)
- By Application (Automotive, Communications, Industrial, Data Processing, and Consumer Electronics)
- By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa)
Data processing, by application, is estimated to hold the largest market share during the forecast period
Based on application, the global semiconductor industry landscape market is segregated into automotive, communications, industrial, data processing, and consumer electronics. The data processing segment generated the highest revenue of 35.5% in the global semiconductor industry landscape market in 2021, and it is expected to register a significant CAGR from 2022 to 2030. The growing adoption of cloud and data centers, edge computing, HPC and increasing need for real-time analysis on a massive amount of data are some of the major factors driving the investment in the semiconductor components for data processing applications. The growing advancement in AI technology, i.e., both training (machine learning) and inferencing, is further creating the need for advanced semiconductors for data processing applications.
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As more and more enterprises and organizations are adopting services data analytics, big data, cloud, the need for high-speed data processing is growing. For instance, AI Training requires intensive compute operations such as Feed-Forward and Back-Propagation, where logic cores are fed copious amounts of data for processing.
Asia Pacific accounts for the largest market share in the semiconductor industry landscape market
Based on the regions, the global semiconductor industry landscape market has been segmented across North America, Asia–Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific accounted for the highest market share in the global semiconductor industry landscape market. In Asia Pacific, China is considered the highest revenue-generating market for the semiconductor industry, primarily due to the region’s growth in consumer electronics manufacturing. The country’s digitization strategy is highlighted by the fact that the region is one of the largest mobile markets. It also wants to be part of a generation of 5G commercialization, with operators debating whether to go with a standalone or non-standalone 5G model.
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The vast majority of devices within the IoT context require chips with an ultra-small form factor, low power consumption, and wireless connectivity options. China is trying to strengthen its focus on IoT platforms by entering various public and private collaborations, to leverage IoT advancements for smart cities, automation, and other industrial applications.
This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the semiconductor industry landscape market. It also consists of the profiles of leading companies such as Samsung Electronics Co. Ltd., Qualcomm Incorporated, Intel Corporation, Infineon Technologies AG, Micron Technologies Inc., Broadcom Inc., SK Hynix Inc., Nvidia Corporation, MediaTek Inc., and Texas Instruments Inc.
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About Market Statsville Group
Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.
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