Ten year compound growth rate of 42.5%! Institutions predict that the chip market size will reach $107 billion by 2033

The report points out that the growing demand for high-performance computing in various industries, especially in areas such as artificial intelligence, data centers, automobiles, and consumer electronics, has driven the rapid development of the chip market. Cores are not only capable of efficiently processing complex calculations, but also save energy, making them widely used in advanced computing tasks. A chip is a type of micro integrated circuit that contains a clearly defined subset of functions, designed to be combined with other small chips on a single package insert. A set of chips can be achieved in a mixed and matched "LEGO style" stacking component.As a heterogeneous integration technology, chip based design technology can utilize advanced packaging technology to integrate multiple heterogeneous chips with different functions into a single chip, effectively addressing the failure of Moore's Law. Analysts believe that the chip market will achieve significant growth driven by various factors and bring numerous opportunities in fields such as artificial intelligence, 5G scenario applications, and the Internet of Things (IoT).At the same time, the growing demand for standardization and interoperability among different chips provides unique collaboration opportunities for the entire semiconductor industry. This cooperation is expected to promote the development of a powerful ecosystem, accelerate innovation, and expand the application scope of chips.

Time: 2024-01-25
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On January 24th, according to the latest report released by market research firm Market. us, it is expected that the global chiplet market size will reach $3.1 billion (approximately RMB 22.227 billion) by 2023, and this size will rapidly grow to $107 billion by 2033. The chip market is expected to continue growing at a compound annual growth rate of 42.5% from 2024 to 2033.