Semiconductor market drive-factors: AI, quantum, 5G, and special applications

Market researcher Yole stated "The trillion-dollar semiconductor industry is on the brink of a fresh phase of expansion, driven by advancements in AI, quantum computing, 5G, and specialized applications." and outlined: 1. Semiconductor device revenue is expected to retreat 7% from 2022 to US$534 billion in 2023. 2. Advanced semiconductor technologies are shaping the semiconductor landscape. 3. US semiconductor device companies have maintained their historical dominance in the last five years, with a 53% market share. 4. TSMC, Samsung, Intel, Qualcomm… the 30 largest semiconductor companies represented 77% of the industry in 2022. More findings as shared by Yole includes: According to Yole Intelligence, semiconductor device revenue peaked in 2022 at US$573 billion and is expected to retreat 7% to US$534 billion in 2023. This industry plays a critical role in enabling technological advancements across various sectors, including mobile & consumer, infrastructure, automotive, industrial, and more. In its new Overview of the Semiconductor Devices Industry 2023 report, the company, part of Yole Group, asserts that the industry has experienced a sustained 6.4% CAGR growth over the past few decades. This industry is driven hard by increasing demand for mobile & consumer electronics, the rise of internet usage such as social media, and the rapid digital transformation of al...