India, Feb. 14 -- At over $670 billion in 2024, Yole Group's analysts report a $100 billion year-over-year increase from 2023. And this is just the beginning-strong growth is expected in the coming years, fueled by the generative AI boom.

Pierre Cambou, Principal Analyst at Yole Group, said that a new growth cycle is expected to continue over the next three to four years, driven by demand in servers, automotive, computing, and industrial market segments. These factors will propel the semiconductor devices industry toward a $1 trillion market by 2030.

In the latest market & technology report, Overview of the Semiconductor Devices Industry H1 2025, Yole Group analyzes each semiconductor segment and highlights significant growth rates exce...