The global semiconductor market has witnessed exponential growth over the past few decades, and it continues to expand as technology becomes more embedded in daily life. In 2023, the semiconductor market reached a value of approximately $550 billion. This represents a significant rise from previous years, with a compound annual growth rate (CAGR) of around 6.3% projected from 2021 to 2028.
The Domination of the Largest Company in the Semiconductor Industry