India, May 28 -- The global semiconductor market size is estimated to grow from USD 623 billion in 2025, to USD 1.07 trillion by 2035, at a CAGR of 5.08% during the forecast period, to 2035.

Semiconductor market growth and trends

The fourth industrial revolution, known as Industry 4.0, is transforming the operations of manufacturing, production, and businesses globally through the integration of intelligent computers and connected devices. Over time, there has been a growing global demand for electronic products, data center chips, integrated circuits, batteries, and more, aimed at simplifying human life.

As a result, manufacturers are continuously using silicon and other materials to create discrete semiconductors, which are essential...