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  2. The semiconductor market is categorized by application as follows:
    1. Networking & Communications: Includes Ethernet controllers, adapters, switches, and routers.
    2. Data Centers: For data processing and storage.
    3. Industrial: Includes power controls, motor drives, and intelligent systems.
    4. Consumer Electronics: Covers home appliances, personal devices, smartphones, tablets, laptops, smart TVs, and wearable devices.
    5. Automotive: Encompasses telematics, infotainment, safety electronics, chassis, and powertrain.
    6. Government: For various applications in government sectors123.
    Learn more:

    Semiconductor Market Size, Share & Industry Analysis, By Component (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors), By Application (Networking & Communications (Ethernet Controllers, Adapters & Switches, Routers), Data Centers, Industrial (Power Controls and Motor Drives, Intelligent Systems), Consumer Electronics (Home Appliances, Personal Devices), Automotive (Telematics & Infotainment,...

    www.fortunebusinessinsights.com/semiconductor-…
    On the basis of application, the global market is segregated into networking & communications, data processing, industrial, consumer electronics, automotive, government, and others. The consumer electronics segment held a large market share in 2023 due to the increasing demand for smartphones, tablets, laptops, smart TVs, and wearable devices.
    growthmarketreports.com/report/semiconductor-ma…
    By application, it is segmented into telecommunication, defense & military, industrial, consumer electronics, automotive, and others.
    www.alliedmarketresearch.com/semiconductor-mar…
     
  3. People also ask
    What is the global semiconductor market size?The global semiconductor market size was valued at USD 611.35 billion in 2023 and is projected to grow from USD 681.05 billion in 2024 to USD 2062.59 billion by 2032, exhibiting a CAGR of 14.9% during the forecast period (2024-2032).
    What are the application segments of the semiconductor industry?Data processing, consumer electronics, and the automotive industry are also significant application segments. Asia-Pacific accounts for 51.5 % of the worldwide semiconductor market and is driving its expansion with its dynamic semiconductor market.
    What is a semiconductor market?The Semiconductor Market can be categorized into components, source, node size, application, and region. The component segment encompasses memory devices, Analog ICs, logic devices, MPUs, MCUs, and other associated components. The MPU and MCU sector currently stand as the front-runner in this market, commanding a notable share of 34.0% in 2022.
    What drives the semiconductor market?The growing demand for advanced smartphones, tablets, laptops, and other electronics drives the semiconductor market. Increased data generation boosts the need for robust data centres, while advancements in electric vehicles (EVs) and autonomous driving also elevate semiconductor requirements.
    Which industry dominates the semiconductor market in 2022?The Telecommunications Application Dominates the Market. Categorized by application, the semiconductor market is divided into telecommunication, data processing, consumer electronics, industrial, automotive, and other segments. The telecommunication sector is the front-runner, holding a 37.0% share in 2022.
    What are the growth opportunities in semiconductor market?The semiconductor market provides numerous growth opportunities to market players. Emergence of artificial intelligence, internet of things and machine learning technologies is expected to create a market for Insulators as this technology aid memory chip to process large data in less time.
     
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    WEBJun 5, 2024 · In 2023, semiconductors for smartphones accounted for around 20 percent of industry revenue, with a further 17 percent of the semiconductor market assigned to other personal computing devices.

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    WEBMay 22, 2024 · The source calculated the semiconductor market size by application based on industry based on external research of market outlook.

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