Gartner, Inc., a leading research and advisory company that provides technology-related insights to its clients, projects Semiconductor Revenue to Total $717 Billion in 2025.
- Gartner further foresees a bright future for the semiconductor industry, driven by increasing demand from AI, 5G, and IoT applications:
- The global semiconductor market is set to rebound strongly in 2024 and 2025, with projected growth rates of 19% and 14%, respectively.
- Artificial intelligence, particularly AI-related semiconductor demand, is a major driver of this growth.
- The memory market, including NAND and DRAM, is recovering due to improved supply and demand dynamics.
- GPUs, especially for AI training and development, will continue to dominate the market in 2025, with a projected 27% growth in revenue.
- High-Bandwidth Memory (HBM) is experiencing significant growth, driven by increased demand from AI workloads.
- The AI market is shifting towards inference, where AI models are deployed for real-world applications.
- HBM is becoming a crucial component in AI inference systems, over 40% of HBM chips expected to be used for this purpose by 2026.
- The semiconductor industry's growth will have a significant impact on the global economy, including job creation and economic development.
- The Asia-Pacific region, a major hub for semiconductor manufacturing and technology, will benefit from this growth, potentially leading to increased job opportunities and economic prosperity.
- While the industry is rebounding, supply chain challenges, such as chip shortages and geopolitical tensions, could impact growth and stability.
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