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Semiconductor market revenue worldwide 1987-2025
In 2024, semiconductor sales were expected to reach 626.87 billion U.S. dollars worldwide. Forecasts for 2025 suggest the market will grow by 11.2 percent to 697.18 billion U.S. dollars.
Semiconductor market
Semiconductors are an important component of many commonly used electronic devices including smartphones, tablets, and PCs. Notable semiconductor chip makers include Intel and Samsung Electronics, with Intel generating 48.7 billion U.S. dollars and Samsung generating 39.9 billion U.S. dollars in semiconductor revenue in 2023, placing them among the largest companies in terms of semiconductor industry revenues.
Market opportunities
Smartphones are expected to command a significant part of the semiconductor market going forward, especially as these devices become more advanced and able to support technologies such as augmented reality, virtual reality, 5G, and artificial intelligence. Semiconductors for use in servers and data centers are set to become an even more important opportunity, with semiconductor innovation required to support cloud data centers and the rise in edge computing.