New Delhi, Sept. 12 -- The global semiconductor industry is set for a transformative decade, with demand expected to surge across sectors ranging from artificial intelligence and automotive to healthcare and renewable energy.

According to PwC's latest report, 'Semiconductor and Beyond' the market is projects to expand from USD 627 billion in 2024 to USD 1.03 trillion by 2030, registering a compound annual growth rate (CAGR) of 8.6 per cent.

"As a backbone and enabler of data centers, AI, autonomous vehicles, smartphone and further emerging technological trends, the global semiconductor market is projected to grow from USD 627B (2024) to USD 1,030B (2030F), driven by widespread advancements across end markets." noted the report.

The fin...