Logic chip market to hit $207 billion by 2032, driven by AI and 5G
The global logic semiconductor market is set to grow from $140.66 billion in 2024 to $207.32 billion by 2032, driven by rising demand in AI, 5G, EVs, IoT, and high-performance computing. North America leads in revenue share, while Asia Pacific is growing fastest due to strong manufacturing bases like China, Taiwan, and South Korea. Consumer electronics remain the top application.