According to the World Semiconductor Trade Statistics Organization (WSTS), global semiconductor sales reached $627.6 billion in 2024, a year-on-year increase of 19.1%. The organization predicts that the growth rate of the global semiconductor market will fall back to 11.2% by 2025, and the global market valuation will reach approximately $697 billion
From the perspective of regional performance
In 2024, the Americas region will lead with an annual growth rate of 44.8%
Annual sales in the Chinese market increased by 18.3%
Asia Pacific/All other regions (excluding Japan and Chinese Mainland) grew by 12.5%
Annual sales in the Japanese market decreased by 0.4%
The European market saw a significant decline of 8.1%
Looking ahead, WSTS predicts broad based growth for the semiconductor market in 2025, with an 11.2% increase, bringing the global market valuation to an estimated $697 billion. The growth will be driven predominantly by the Logic and Memory sectors, which together are projected to exceed $400 billion in value. This includes a year-over-year growth of over 17% for Logic and 13% for Memory. Other semiconductor categories are expected to grow at more modest, single-digit rates, signalling steady overall expansion for the industry
By the end of 2025, all regions are ready to continue expanding, and the Americas and Asia Pacific regions are expected to maintain double-digit year-on-year growth with a growth forecast of 11.2%!