How big is the Semiconductor Device Market In Communication Industry?

The Semiconductor Device Market In Communication Industry size is expected to reach USD 223.49 billion in 2024 and grow at a CAGR of 7.5% to reach USD 320.85 billion by 2029. Read More

What is the current Semiconductor Device Market In Communication Industry size?

In 2024, the Semiconductor Device Market In Communication Industry size is expected to reach USD 223.49 billion. Read More

Who are the key players in Semiconductor Device Market In Communication Industry?

Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Incorporated and STMicroelectronics NV are the major companies operating in the Semiconductor Device Market In Communication Industry. Read More

Which is the fastest growing region in Semiconductor Device Market In Communication Industry?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Semiconductor Device Market In Communication Industry?

In 2024, the Asia Pacific accounts for the largest market share in Semiconductor Device Market In Communication Industry. Read More

What years does this Semiconductor Device Market In Communication Industry cover, and what was the market size in 2023?

In 2023, the Semiconductor Device Market In Communication Industry size was estimated at USD 206.73 billion. The report covers the Semiconductor Device Market In Communication Industry historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Semiconductor Device Market In Communication Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Semiconductor Device Market In Communication Industry Market Share

Statistics for the 2023 & 2024 Semiconductor Device Market In Communication Industry market share, created by Mordor Intelligence™ Industry Reports. Semiconductor Device Market In Communication Industry share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Semiconductor Device Industry In Communication Industry

The semiconductor device market in the Communication Industry is experiencing fluctuations due to factors such as increased consolidation, rapid technological advancements, and shifting geopolitical dynamics. In a market where sustainable competitive advantages are driven by innovation, competition is on the rise. In this context, the importance of brand identity must be addressed, given the high-quality expectations of end-users when it comes to semiconductor manufacturing.

Several major players dominate this market, including Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Technologies Inc., and STMicroelectronics NV, leading to high levels of market penetration.

In April 2023, Kyocera Corporation announced a groundbreaking development - a new capacitor (MLCC) in the EIA 0201 size category, boasting the industry's highest capacitance at 10 microfarads. The KGM03 series from Kyocera is widely used in wearable devices and smartphones. The increased capacity of these compact MLCCs empowers designers to meet system requirements with fewer components and minimal space utilization.

In June 2022, Texas Instruments extended its connectivity portfolio by introducing new wireless microcontrollers (MCUs) that offer high-quality Bluetooth Low Energy (LE) at a fraction of the cost of competitors. The SimpleLink Bluetooth LE CC2340 series leverages the company's extensive experience in wireless communication and delivers best-in-class standby current and radio-frequency (RF) performance.

March 2022 saw Analog Devices Inc. introduce a millimeter-wave (mmW) 5G front-end chipset designed to cover the necessary frequency bands. This innovation enables designers to simplify their designs and bring smaller and more versatile 5G radios to the market faster. The chipset consists of four highly integrated ICs, offering a comprehensive solution that significantly reduces the number of components required for 24 to 47GHz 5G radios.