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Next Move Strategy Consulting
Chips & Beyond: Semiconductor Material Market Outlook 2030
Chips & Beyond: Semiconductor Material Market Outlook 2030
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The global Semiconductor Material Market is projected to grow to USD 82.45 billion by 2030, expanding at a 4.2% CAGR, driven by rising smartphone adoption, global 5G deployment, and increased military spending.
Key players like NXP Semiconductors, Texas Instruments, and Micron Semiconductor are strengthening their market position through strategic expansions and product launches. Asia-Pacific dominates the market, fueled by its massive smartphone user base and escalating demand for advanced semiconductor components in consumer electronics and telecommunications infrastructure.
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