Semiconductor Market Outlook 2027 By Global Industry Size, Share, Trends, Opportunity
According to TechSci Research, Global semiconductor market is expected to grow with a steady CAGR for the forecast period, 2023-2027. The rise in the disposable income of consumers is increasing the affordability of consumers to buy quality products. Ongoing technological advancements around the globe and the rise in consumer awareness are contributing to the global semiconductor market growth. The surge in the consumption of consumer electronic devices such as notebooks, laptops, smartphones, gaming, wearables around the globe is fueling the market growth for the next five years. The rise in the implementation of the internet of things in prominent industry verticals is fostering the demand for connected devices and sensors to ensure effective communication and response between devices. The development of the telecommunication industry and the expected roll-out of 5G technology to improve connectivity and provide fast internet connection across the globe is expected ...