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Semiconductor Foundry Market is to reach USD 216.67 Bn by 2030 dominated by the Consumer Electronics Segment- Finds Stellar Market Research

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PUNE, India, July 15, 2024 /PRNewswire/ — The manufacturing of semiconductor devices for various industries is the focus of the semiconductor foundry market. The emergence of semiconductor foundry was fueled by the growing demand for advanced chips as the modern world is built on semiconductors. The necessity to continuously create high-performance and efficient semiconductors is driving investments in the semiconductor foundry industry at an increasing pace.

Stellar Market Research, a leading Electronics business research firm has published a report on “Semiconductor Foundry Market“. The report states that the total market size for the Semiconductor Foundry Market was USD 130.26 Bn in 2023 and is expected to grow at a CAGR of 7.5 percent through the forecast period, reaching USD 216.67 Bn by 2030. A bottom-up approach has been used to analyze the market size.

The Semiconductor Foundry Market Report offers a comprehensive analysis of the global semiconductor foundry industry, delving into various factors driving its growth, challenges encountered, and emerging trends shaping its trajectory. The report covers a wide range of topics, including market size, important market segments, regional analysis, competitive landscape, and prospects. Through a meticulous research methodology, the report leverages a blend of primary and secondary research techniques, enabling stakeholders to make informed decisions and capitalize on opportunities within the market.

Semiconductor Foundry Market Scope

Market Size in 2023

USD 130.26 Billion

Market Size in 2030

USD 216.67 Billion

CAGR

7.5 Percent

Forecast Period

2024-2030

Base Year

2023

Number of Pages

225

No. of Tables

137

No. of Charts and Figures

210

Segment Covered

By Technology Node and Industry

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size, and Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

What’s New: Recent Additions and Updates

Porter’s five forces study emphasizes the importance of suppliers and buyers have the potential to help stakeholders generate profitable business decisions and build stronger supplier-buyer networks.An in-depth analysis to understand the profitable trends and restraints to gain a stronger foothold.Each region’s major countries are positioned based on the amount of revenue they draw over from the worldwide market.

Key Player Offerings 

In response to the rising customer demand, Taiwanese chipmaker, TSMC (Taiwan Semiconductor Manufacturing Company) will build a second Japanese plant to begin operation by the end of 2027, bringing total investment in its Japan venture to more than $20 billion with the support of the Tokyo government.The shortage of semiconductor chips required for manufacturing Cars in the US has resulted in a partnership between General Motors (GM) and Global Foundries to expand a factory in New York to make chips specifically for GM’s car parts suppliers.

Asia Pacific Leads Semiconductor Foundry Market

Asia Pacific Semiconductor Foundry Market has been dominant attributed to key factors like cost-effective manufacturing, advanced technological advancements, and government initiatives. With the government owning about 40% of its top 100 semiconductor companies and supporting them, the Chinese semiconductor industry has been growing rapidly. In the 14th Five-Year Plan, the country is seeking “self-sufficiency” across all semiconductor categories. Additionally, the Taiwan Semiconductor Foundry market has been leading with Taiwan Semiconductor Manufacturing Company (TSMC) holding a significant share of about 61% while Samsung Foundry from South Korea with about 14% share in Q4 of 2023. Together with United Microelectronics Corporation (UMC), TSMC has the advantages of Taiwan’s growing semiconductor environment, which includes a highly skilled workforce, cutting-edge R&D centers, and significant government assistance. The region’s capacity to produce at semiconductor materials cheaper rates while maintaining high standards improves sales. Southeast Asia, especially Malaysia, Vietnam, and Thailand, plays a crucial role in the semiconductor industry. Vietnam and Thailand have seen significant growth in semiconductor trade with the U.S., while Malaysia remains a key player, accounting for 20% of U.S. semiconductor imports. Strategic initiatives such as the Science Act and CHIPS Act, together with a focus on friend-shoring, shift the semiconductor value chains and strengthen the position in the Asia Pacific Semiconductor Foundry Market.

Semiconductor Foundry Market Segmentation

With the rise of devices that are essential to modern living, such as wearable technology, computers, tablets, and smartphones, the consumer electronics segment has been dominant in the global semiconductor foundry market. As of 2023, there are approximately 4.85 Billion smartphone users globally, representing about 60% of the global population. Because of this huge user base, semiconductors have become increasingly complex and powerful, which is necessary as devices continue to advance to provide improved energy efficiency, performance, and cutting-edge features like 5G connection, augmented reality (AR), and artificial intelligence (AI). About 1.8 billion 5G subscribers are expected to be active globally by 2024, underlining the critical need for cutting-edge semiconductors that can handle the high-speed, low-latency needs of 5G networks. Virtual assistants like Siri and Google Assistant, as well as other AI-driven apps, mostly depend on semiconductor chips that are capable of efficient calculations. The need for more compact and efficient processors that fit into smaller devices without sacrificing performance has resulted in improvements in semiconductor manufacturing methods, including technologies like 5nm and 7nm.

Request for a Sample Report:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

Semiconductor Foundry Market Key Players

Taiwan Semiconductor Manufacturing Company (TSMC) LimitedUnited Microelectronics Corporation (UMC)Global FoundriesSemiconductor Manufacturing International Corporation (SMIC)Fujitsu Semiconductor LimitedSamsung GroupOthers

Key questions answered in the Semiconductor Foundry Market are:

What is a semiconductor foundry?What is the current growth rate of the Semiconductor Foundry Market?Who are the key players in the Semiconductor Foundry Market?What are the factors affecting growth in the Semiconductor Foundry Market?Who held the largest market share in the Semiconductor Foundry Market?What is the demand pattern for the Semiconductor Foundry Market?What are the key trends in the Semiconductor Foundry Market?What are the strategies used by competitors in the Semiconductor Foundry Market?What are the growth prospects in developing countries for the Semiconductor Foundry Market?Which segment is expected to witness the fastest growth and why in the Semiconductor Foundry Market?

Access a Free Sample Report:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)Past Pricing and price curve by region (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Technology Node, Industry, and RegionCompetitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

Stellar Market Research a leading Electronics research firm, has also published the following reports:

Luxury Electric Vehicles Market: The Market size was valued at USD 160.14 billion in 2022. The global Luxury Electric Vehicles Market is expected to reach USD 510.12 million by 2029 with a CAGR of 18% from 2023 to 2029.

Semiconductor Memory Market: The market size was valued at USD 102.71 Bn. in 2023 and the total Semiconductor Memory Market size is expected to grow at a CAGR of 7.36 % from 2024 to 2030, reaching nearly USD 168.88 Bn. by 2030.

3D Semiconductor Packaging Market: The market was valued at US$ 21.38 Bn. in 2023. Global 3D Semiconductor Packaging Market size is estimated to grow at a CAGR of 15.8%.

Semiconductor Manufacturing Chemical Market: The market size was valued at USD 12.2 Bn. in 2023 and the total Global Semiconductor Manufacturing Chemical revenue is expected to grow at a CAGR of 8.82% from 2024 to 2030, reaching nearly USD 22.04 Bn. by 2030.

Semiconductor Wafer Inspection Equipment Market: The market size was valued at USD 4.82 Bn. in 2023 and the total Semiconductor Wafer Inspection Equipment Market revenue is expected to grow at a CAGR of 10.28 % from 2024 to 2030, reaching nearly USD 9.56 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4,
Pinnac Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
Follow us:
LinkedIn | Twitter | Facebook | Instagram |

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HYPERGROWTH CX SOFTWARE PROVIDER ANNOUNCES NEW HIRES TO FUEL UK GROWTH AND US EXPANSION

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CloudInteract announces new senior hires to support UK growth and US expansion, as it sets sights on supporting an industry predicted to grow to over USD 22 billion by 2030

LONDON, Sept. 24, 2024 /PRNewswire/ — CloudInteract, a rapidly growing, UK-based provider of customer experience (CX) platforms, announces new senior hires to support its UK growth plans and expansion into the US market.

Founded by customer workplace communications experts, Nick Seagrave and Simon Leyland, CloudInteract launched in 2023, providing customers, including education provider, Pearson, life sciences enterprises, and online consumer services providers, such as Swoop with innovative CX software, as well as supporting industry partners, including Amazon Web Services.

Through the delivery of AI-driven platforms and omnichannel systems, CloudInteract empowers companies to scale and continuously adapt to their evolving customer service needs.

Simon Leyland, CEO and co-founder of CloudInteract, explains, “CloudInteract was born out of Nick’s and my mission to reimagine customer experience, by making contact centre interactions better for both customers and users alike. We understand that in a world full of technology providers, the difference lies in how technology transforms real-world experiences.”

To support its UK growth plans and expansion of its US presence, CloudInteract has onboarded new talent to its 50% female senior leadership team. The company recently welcomed Marketing Director, Louise Mahrra, Head of Business, North America, Nancy Van Delist and UK Head of Business Development, Julian Degg.

They will work alongside Change Director, Eliza Taylor and co-founders, Chief Technology Officer, Nick Seagrave and CEO Simon Leyland.

“As CloudInteract expands its operations and brings in new talent to support strategic growth in an industry predicted to mature to over USD 22 billion by 2030, we are firmly fixated on helping businesses unlock the full potential of their customer experience platforms by turning every interaction into a competitive advantage.”

“By doubling down on our investment in people, partnerships, and platforms, we’re positioning CloudInteract as the go-to partner for businesses that want to unlock the power of AI, data, and communication to transform their customer interactions,” concluded Simon.

About CloudInteract: https://www.cloudinteract.io/ 

CloudInteract builds customer experience platforms to unlock the potential of data to improve customer interactions. Our solutions leverage AI, automation, and integration to create smarter, seamless customer experiences that are built to last.

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Tata Elxsi Delivers World’s First RDK-B Integration on Qualcomm 5G Fixed Wireless Access Platform

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SAN DIEGO and BENGALURU, India, Sept. 24, 2024 /PRNewswire/ — Tata Elxsi, a global leader in design and technology services, today announced the successful integration of the RDK-B software stack with the Qualcomm® 5G FWA Gen 3 Platform. This first-of-its-kind integration opens a new pathway for operators to deliver fast, reliable, and scalable high-speed FWA solutions. Integration of the RDK-B middleware includes key features, such as Wi-Fi 6 connectivity, packet statistics, and advanced security options, ensuring the platform is versatile and can be deployed in both indoor and outdoor environments. Operators can now deliver value-added services, like Quality of Service (QoS), band steering, parental control, and VPN, enhancing the overall broadband experience. 

Gautam Sheoran – VP and GM, Wireless Broadband and Communications at Qualcomm Technologies, Inc., stated: 

“We are proud to collaborate closely with Tata Elxsi, who has leveraged their considerable expertise to port the RDK-B stack to our 5G FWA Gen 3 Platform, featuring the Snapdragon® X75 Modem-RF System. This critical step empowers operators to accelerate time-to-market, deliver high performance FWA solutions, and reduce development efforts, as they deploy powerful new FWA CPE solutions. We look forward, through continued collaboration with Tata Elxsi, to expanding our engagement with the broader RDK community, giving operators more choices and flexibility in deploying state-of-the-art solutions.”

Priya S Kumar – Head, Media and Communications at Tata Elxsi, stated:

“This integration broadens the RDK ecosystem and silicon diversity, which has traditionally centered on wired technologies like DOCSIS and Fiber-to-the-Home (FTTH). By incorporating RDK-B into the cellular-managed WAN space, Tata Elxsi is excited to collaborate in positioning the Snapdragon X75 platform as a future-ready solution for high-performance broadband applications. Tata Elxsi’s continuous commitment to the RDK ecosystem enables SoCs, OEMs and operators to rapidly innovate and scale, addressing the demands of next-generation broadband technologies.”

Looking ahead, Tata Elxsi will upgrade the platform to include next-generation features such as Wi-Fi 7. This upgrade will further enhance FWA devices, offering operators more flexible, scalable, and cost-effective solutions, setting the stage for the next generation of wireless innovation. 

About Tata Elxsi

Tata Elxsi is among the world’s leading design and technology services providers across industries, including Automotive, Broadcast, Communications, Healthcare and Transportation.

We are helping customers reimagine their products and services through design thinking and applying digital technologies, such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality and Artificial Intelligence. For more information, visit www.tataelxsi.com

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.

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Huawei Calls to Expand Partnerships to Drive Global Digital Inclusion through TECH4ALL

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SHANGHAI, Sept. 24, 2024 /PRNewswire/ — At the TECH4ALL Digital Inclusion Forum hosted at Huawei Connect 2024, Huawei called for more partners to join its TECH4LL initiative to drive global digital inclusion.

Launched in 2019 and aligned with the UN SDGs, TECH4ALL is Huawei’s long-term action plan for enabling an inclusive and sustainable digital world, focusing on the education, environment, health, and development domains.

At the forum, attendees explored TECH4ALL inclusion projects and digital inclusion advances in China outlined in the 2024 China Digital Inclusion Report produced by China Academy of Information and Communications Technology (CAICT).

“Promoting digital inclusion can not only effectively deal with problems that may exist in the development and application of digital technology, but also improve the realization of our overall goals,” said Xin Yongfei, Director of the CAICT Institute for Policy and Economics.

Discussions focused on how technology can help bring down barriers to information accessibility, equal opportunities, and a high quality of life. A key theme at the forum concerned the importance of cross-sector partnerships in maximizing the efficacy of inclusion projects such as those Huawei’s runs under TECH4ALL.

“Huawei is a committed to supporting China’s digital inclusion strategy,” said Jeffrey Zhou, President of ICT Marketing at Huawei. “We work with governments, enterprises, scientific research institutions, universities, and NGOs to implement projects that provide a useful reference for the world to seize the opportunities of digital transformation and share the inclusive benefits of digitalization.”    

Partners from both the deaf and vision-impaired communities looked at the role of technology in enabling digital inclusion. Huawei shared how it considers the needs of people with disabilities, the elderly, and children from the beginning of product design. As well as Bluetooth connectivity for hearing aids, Huawei smartphones, provide 15 accessibility features that are used by around 10 million people each month. These include technologies that can identify and send alerts for job recommendations tailored for people with disabilities.

“As a visually impaired device user and Huawei partner, I think it’s crucial to share the message that technology can give everyone an equal opportunity to participate in society, use public resources, and help eliminate the digital divide,” said Yin Nan, Chairman of Tianjin Hongqiao District Blind Association.

With partners the China Association of the Deaf and E-Times Digital Technology, Huawei TECH4ALL has also developed the Trouble-Free Hearing app. Based on Huawei Cloud AI, the app provides speech-to-text and text-to-speech translation and a real-time online sign language hub for use in potentially complex situations such as healthcare, legal consultations, and at service windows.

The forum also explored education inclusion through the TECH4ALL China DigiSchool project, which aims to provide online resources and teacher training for the delivery of STEAM curriculum. To date, 4,800 teachers and students have benefited in 29 schools.

Huawei also runs a range of education and training initiatives across the globe, including the Open School project with UNESCO, Instant Schools Network with Vodafone Foundation, and Skills and Wheels projects with global and local partners. Skills on Wheels, for example, brings free digital skills training to remote communities via truck-mounted mobile classrooms, reaching 93,000 people in 18 countries so far.

TECH4ALL education projects have reached more than 400,000 people across the globe, with technology and partnerships the key to success of each project.

About Huawei TECH4ALL

TECH4ALL is Huawei’s long-term digital inclusion initiative. Enabled by innovative technologies and partnerships, TECH4ALL aims to promote inclusion and sustainability in the digital world.

For more information, visit the Huawei TECH4ALL website: https://www.huawei.com/en/tech4all 

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