Semiconductor device revenue for mobile and consumer reached $296 billion in 2023

The semiconductor industry market segments of mobile and consumer generated $296 billion in revenue in 2023 with an expected CAGR of 2.1% to reach $383 billion in 2030, as per latest study by Yole . However it was -15% year-on-year-setback in 2023. A 4% year-on-year rebound is expected in 2024. The mobile and consumer electronics markets are pivotal for the semiconductor industry, representing $620 billion in revenue in 2023. Mobile and consumer electronics constitute a significant portion of global trade, with countries worldwide actively engaged in fierce competition, including the United States, Europe, China, Korea, Taiwan, and Japan. The mobile and computing subsegments are expected to maintain a stable semiconductor content of around 35%, while the consumer subsegment is projected to remain at approximately 16%. The United States and China are engaged in a competitive battle for dominance in the mobile and consumer markets. Leading players like TSMC and Samsung are focusing on advanced logic nodes like 4nm to 3nm, catering primarily to Apple and Samsung mobile divisions. The industry is witnessing a shift towards compound semiconductors, particularly GaN for high-speed charging, in the Power and Photonic semiconductor sectors. Pierre Cambou, Principal Analyst, Global Semiconductors at Yole Group said “Market cycles for mobile & consumer semiconductor devic...