Semiconductor market revenue growth worldwide 1988-2025

In 2024, the global semiconductor industry was expected to grow by 16 percent compared to 2023. A large majority of the growth can be put down to the improving the memory segment of the market which had a negative impact on many of the top vendors in the previous year, most notably on the likes of Samsung.

Intel semiconductors

Intel has regularly ranked among the leading global semiconductor companies in terms of sales revenue. In 2023, Intel’s semiconductor market share stood at 9.1 percent. The company, based in Santa Clara, California, is joined by a number of other U.S. semiconductor companies in the top rankings.

U.S. semiconductor companies

Other notable semiconductor companies based in the U.S. include Qualcomm, Broadcom, and Nvidia. Developing a range of semiconductor products for the automotive and smartphone markets, to name but a few, Qualcomm’s semiconductor revenue amounted to 29 billion U.S. dollars in 2023.