Top Semiconductor Companies – Statistics & Market Trends

As we saw in these semiconductor company statistics, the top semiconductor companies are having their best era yet. Being behind the brains' of most electronic devices today, they're some of the key drivers of technological innovation around the world. Despite various market challenges, the semiconductor industry is poised to grow in 2024 and beyond.

The demand for semiconductors saw an unprecedented surge during the pandemic, and the industry is still grappling with aftershocks. However, giants like TSMC, Samsung, and Intel, to name a few, are not only still standing but are reaching new heights.

With the advancements in fields like 5G and AI, more and more is expected from these players. And given their prevalence and influence, there's a lot to unpack in their statistics and trends. That's exactly what we're going to explore in this guide.

Let's examine the key players in the semiconductor market and explore the key challenges they face today.

• Key Statistics of Top Semiconductor Companies
• Semiconductor Market Size & Forecast
  1. Growth by Segment
  2. Growth by Region
• Top Semiconductor Companies by Market Share & Revenue
  1. Samsung
  2. TSMC
  3. NVIDIA
  4. Broadcom
  5. Other Market Players
• Key Challenges of the Semiconductor Market
  1. Geopolitical Issues
  2. Economic & Supply Chain Pressures
• Concluding Thoughts
• Sources
  • Key Statistics of Top Semiconductor Companies
  • Semiconductor Market Size & Forecast
    1. Growth by Segment
    2. Growth by Region
  • Top Semiconductor Companies by Market Share & Revenue
    1. Samsung
    2. TSMC
    3. NVIDIA
    4. Broadcom
    5. Other Market Players
  • Key Challenges of the Semiconductor Market
    1. Geopolitical Issues
    2. Economic & Supply Chain Pressures
  • Concluding Thoughts
  • Sources Key Statistics of Top Semiconductor Companies
    • The forecast 2024 earrings of the semiconductor market amount to $611.23 billion and are predicted to reach $687.38 billion in 2025.
    • The size of the semiconductor market will surpass $2 trillion by 2032, thanks to a CAGR of 14.9%.
    • The APAC overall accounted for almost $290 billion in semiconductor sales in 2023.
    • TSMC made just over $31.36 billion in 2022 and $25.86 billion in 2023.
    • Nvidia has the highest market cap of semiconductor companies by far - over $3 trillion as of June 2024.
    • Intel remains the semiconductor market leader for revenue, occupying a 9.1% market share.
    • Broadcom's net income grew from $2.72 billion in 2019 to $14.08 billion in 2023.
    Semiconductor Market Size & Forecast

    The semiconductor market has been experiencing unprecedented growth in the last few years. If in 2015 the market's earnings just exceeded $335 billion, the forecast 2024 earnings amount to $611.23 billion. And in 2025, they're predicted to reach $687.38 billion.

    Like this infographic? Feel free to use it on your website or blog, but please remember to give us credit by linking back to this page https://techreport.com/statistics/business-workplace/semiconductor-companies-statistics

    However, that growth hasn't been linear, and the market has experienced ups and downs. For instance, in 2023, the market fell 8.3% compared to 2022. In 2024, it grew 16% compared to 2023.

    The biggest market growth to date was seen back in 1995 (41.2%), and the biggest drop was in 2001 (31.9%).

    In terms of future growth forecasts, Fortune Business Insight reports that the size of the semiconductor market will surpass $2 trillion by 2032, thanks to a CAGR of 14.9%.

    Growth by Segment

    Consumer technology like smartphones and personal computers represent the largest share of the semiconductor market in 2023.

    The smartphone semiconductor market was worth over $100 billion that year, and personal computing was worth $89 billion. The wired and wireless infrastructure semiconductor market brought the least revenue-$50 billion.

    Source: Statista

    The trend could continue in 2025, with the smartphone segment being forecasted to reach $146 billion, still making up the biggest share of the semiconductor market. However, the servers and data storage segment is forecast to come a close second at $136 billion.

    Growth by Region

    The semiconductors market's growth figures vary across regions. For example, China is poised to reach $177.8 billion in revenue, the highest in the world in 2024.

    The APAC region overall accounted for $330.94 billion in semiconductor sales in 2022 and almost $290 billion in 2023. Moreover, Japan has the most semiconductor plants in the world (102), closely followed by Taiwan (77).

    Like this infographic? Feel free to use it on your website or blog, but please remember to give us credit by linking back to this page https://techreport.com/statistics/business-workplace/semiconductor-companies-statistics

    Here's a breakdown of the forecast 2024 semiconductor market revenue in key countries:

    Country	Most Lucrative Segment	Forecast Revenue in 2024
    China	Integrated Circuits	-$177.8 billion
    USA	Integrated Circuits	$83.6 billion
    UK	Integrated Circuits	$2.59 billion
    Australia	Optoelectronics	$1.34 billion
    Germany	Integrated Circuits	$14.62 billion
    Taiwan	Integrated Circuits	$31.35 billion
    Brazil	Integrated Circuits	$25.71 billion

    Top Semiconductor Companies by Market Share & Revenue

    Now that we've looked at the semiconductor market size and forecast growth, we'll look closer at the main market players, their share, and revenue.

    Like this infographic? Feel free to use it on your website or blog, but please remember to give us credit by linking back to this page https://techreport.com/statistics/business-workplace/semiconductor-companies-statistics

    As you can see from the chart, Intel and Samsung are the largest players of the semiconductor market, with a 9.1% and 7.5% share, respectively. We'll study them in more detail in this section.

    Let's dive in.

    Samsung

    With a 7.5% semiconductor market share in 2023 (down from 10.9% in 2022), Korean Samsung Electronics manufactures a very wide range of industrial and consumer goods. As of June 2024, its market cap is $375.6 billion.

    Samsung reached its peak semiconductor revenue in 2018 when it made $73.71 billion. 2021 was another great year for Samsung, with the company bringing in just over $73 billion. However, Samsung's revenue dropped significantly in 2023, going down to $39.91 billion.

    Source: Statista

    In terms of profit made from semiconductor sales, 2023 was Samsung's first year since 2013, when it suffered a loss - amounting to $10.78 billion. The year before, the company saw a semiconductor profit of $17.3 billion.

    Despite the losses suffered in 2023, the Korean giant produced almost 2 trillion semiconductor units that year.

    TSMC

    Taiwan produces over 60% ofthe world's semiconductors, and theindustry makes up over 15% of the country's GDP. Moreover, the lion's share of these semiconductors isproduced by just one company.

    As of 2023, Taiwan Semiconductor Manufacturing Company, or TSMC, is one of the largest companies in the world by pre-tax revenue ($37.33 billion). In June 2024, its market cap was $845.02 billion, the second-largest in the semiconductor market after Nvidia.

    Source: Statista

    TSMC's best year was 2022 when it made $69.86 billion. However, 2023 wasn't far behind; TSMC made $66.7 billion that year. Most of the revenue (68%) came from the North American market.

    In terms of net profit, the company made just over $31.36 billion in 2022 and $25.86 billion in 2023. These figures far exceed Samsung's profits, making TSMC one of the most powerful semiconductor companies in the world today.

    Another reason TSMC has such a strong market position is its client roster. As of 2021, over a quarter of its revenue came from Apple. Other sources of revenue were fellow semiconductor market players like Broadcom and Nvidia.

    Moreover, in 2022, TSMC announced the opening of a new chip plant in Arizona, signifying a potential boost to American semiconductor production. Just two years later, it's building a third factory in the state, having won over $10 billion from the US government in funding.

    NVIDIA

    The Californian giant Nvidia is widely regarded as a leader in the AI market. Moreover, it has the highest market cap of semiconductor companies, at over $3 trillion. Its market share in 2023 was 4.5%, almost 100% up from 2021.

    Like this infographic? Feel free to use it on your website or blog, but please remember to give us credit by linking back to this page https://techreport.com/statistics/business-workplace/semiconductor-companies-statistics

    In terms of semiconductor revenue, Nvidia made almost $24 billion in 2023, up from $15.33 billion in 2022 and $10.64 billion in 2021.

    As Nvidia's activities include more than hardware and semiconductors, its total revenue in FY24 (March 2023-March 2024) was $60.92 billion.

    However, as of 2023, Intel is the semiconductor market leader in terms of revenue, occupying a 9.1% market share. This is down from its peak market leadership in 2011 when it commandeered 16.4% of the overall semiconductor market revenue.

    Like this infographic? Feel free to use it on your website or blog, but please remember to give us credit by linking back to this page https://techreport.com/statistics/business-workplace/semiconductor-companies-statistics

    Intel's market cap in 2024 is smaller than its competitors' - only $131.02 billion, compared to Nvidia's $3 trillion and TSMC's $845.02 billion.

    Its revenue has also been going down, even having reached its lowest level in a decade in 2023. The company's semiconductor revenue in 2023 was $48.66 billion.

    Intel's peak revenue of $72.76 billion was in 2020, but it's been going down since. Its net income in 2023 was $1.68 billion, the lowest figure in 20 years. 2018 and 2019 were Intel's best years in terms of net income, with $21.05 billion in both years.

    Broadcom

    Unlike Intel and Samsung, Broadcom's semiconductor market revenue share has been on the rise since 2021. In 2023, it reached 4.8% - its largest share to date.

    As of June 2024, Broadcom is the third-largest semiconductor company by market cap, behind Nvidia and TSMC. Its market cap is currently $654.85 billion.

    Source: Statista

    Broadcom's net income has also been on the rise in the last few years. It grew from just $2.72 billion in 2019 up to $11.5 billion in 2022 and up to $14.08 billion in 2023. Its total gross income in 2023 amounted to $35.82 billion, of which $28.18 billion was semiconductor revenue.

    Other Market Players

    In addition to the major semiconductor market players, several smaller players are gaining prominence in the market. These include Qualcomm, AMD, and STMicroelectronics, to name a few.

    Source: Statista

    Out of these organizations, Qualcomm had the highest revenue in 2023, having made $29.02 billion that year. AMD earned $22.31 billion, and STMicroelectronics earned $17.06 billion.

    Key Challenges of the Semiconductor Market

    Now that we know more about the key players in the semiconductor market, we'd like to examine the challenges influencing the market's revenue and development. Let's dive in.

    Geopolitical Issues

    In the above episode of True Spies," the narrator tells a gripping story of hostile actors weaponizing semiconductor technology. As a key driver of the modern technological landscape, it's no surprise that semiconductors are playing an increasingly important role in geopolitics.

    The US-China tensions are a significant example of how geopolitical issues can impact the development of the semiconductor market. The American semiconductor export control regulations significantly hinder Chinese players from accessing manufacturing technology, but they're also impacting third-country players like TSMC.

    As the Taiwanese company works with both the USA and China, it's a tricky balance for them to navigate. Moreover, there's always a risk of China-Taiwan relations deteriorating, and with semiconductors being so pivotal to many industries, such escalations would have devastating ramifications.

    Other regions, such as the EU, aren't far behind the US in terms of semiconductor legal initiatives. For instance, the 2030 Digital Compass Initiative specifies that the EU will produce 20% of the world's semiconductors by 2030.

    This ambitious target is dependent on R&D investment and funding, as well as navigating geopolitical tensions that may restrict access to critical technologies for smaller countries with fewer resources than the EU.

    Economic & Supply Chain Pressures

    The pandemic's increased demand for semiconductors clashed with supply shortages, driven by many underpinning factors caused by COVID-19 restrictions. The consequences are still felt by the market today.

    While shocking, these consequences were a necessary lesson and drove important economic and legislative initiatives. For instance, the CHIPS and Science Act - signed into law by US President Joe Biden in August 2022 - provides billions of USD in support of domestic semiconductor R&D and production.

    The goal is to boost American supply chain resilience amidst ongoing tensions with China. The private sector is also actively trying to risk-proof its supply chains by diversifying its production.

    TSMC's ambitious plans in Arizona are a prime example. Another example is Intel's investment in its new production facilities, dubbed Silicon Junction," located in Germany.

    Concluding Thoughts

    It's clear that the semiconductor industry is highly influential today. Semiconductors are embedded in almost all devices we use, so it's not difficult to estimate the industry's impact on our lives.

    It's even easier to imagine the potential consequences of disruption of the industry, as we've seen during the COVID-19 pandemic. But despite the geopolitical volatility and the aftershocks of the pandemic, the semiconductor market is poised to grow and reach $2 trillion by 2032.

    While we don't know who the key players will be by then or where they'll be based, we foresee huge R&D advancements around the world that will future-proof the semiconductor market against various threats.

    SourcesClick to expand and view sources
    • 10 Biggest Semiconductor Companies (Investopedia)
    • Trade Secrets. Investigation (Spotify)
    • Navigating challenges in the semiconductor industry: The strategic role of outsourcing business operations (HCL Tech)
    • Semiconductor supply chain: Political and physical challenges in 2024 and beyond (S&P Global)
    • Semiconductor market revenue worldwide from 1987 to 2025 (Statista)
    • Semiconductor market revenue growth worldwide from 1988 to 2025 (Statista)
    • Semiconductors - statistics & facts (Statista)
    • Semiconductors - Brazil (Statista)
    • Semiconductor companies market revenue share worldwide from 2008 to 2023 (Statista)
    • Samsung semiconductor market revenue worldwide from 2007 to 2023 (Statista)
    • Semiconductor operating profit of Samsung Electronics from 2013 to 2023 (Statista)
    • Semiconductor production volume of Samsung Electronics from 2015 to 2023 (Statista)
    • Leading semiconductor companies worldwide as of June 5, 2024, by market capitalization (Statista)
    • Taiwan Semiconductor Manufacturing Company - statistics & facts (Statista)
    • Semiconductor market revenue worldwide from 2020 to 2025, by end market (Statista)
    • Leading companies in the world in 2023*, by pre-tax income (Statista)
    • Leading customers of Taiwan Semiconductor Manufacturing Company (TSMC) in 2021, based on revenue share (Statista)
    • Net income of Taiwan Semiconductor Manufacturing Company from 2015 and 2023 (Statista)
    • Annual net revenue of Taiwan Semiconductor Manufacturing Company from 2015 and 2023 (Statista)
    • Distribution of net profit of Taiwan Semiconductor Manufacturing Company in 2023, by region (Statista)
    • Leading customers of Taiwan Semiconductor Manufacturing Company (TSMC) in 2021, based on revenue share (Statista)
    • Semiconductor companies market revenue worldwide from 2009 to 2023 (Statista)
    • Nvidia revenue worldwide from fiscal year 2015 to 2024 (Statista)
    • Semiconductor sales worldwide from 2015 to 2023, by region (Statista)
    • Intel semiconductor market revenue share worldwide from 2008 to 2023 (Statista)
    • Intel semiconductor market revenue worldwide from 2007 to 2023 (Statista)
    • Intel net income from 2004 to 2023 (Statista)
    • Broadcom semiconductor market revenue share worldwide from 2010 to 2023 (Statista)
    • Broadcom's net income worldwide from 2014 to 2023 (Statista)
    • Broadcom's revenue by segment worldwide from 2019 to 2023 (Statista)
    • 2024 semiconductor industry outlook (Deloitte)
    • Semiconductor: The new driver of geopolitical balance (KPMG)
    • Semiconductor Market Size, Share, Growth & Forecast [2032] (Fortune Business Insights)
    • Taiwan's dominance of the chip industry makes it more important (The Economist)
    • TSMC wins subsidies to expand US chip manufacturing in Arizona (BBC)
    • Semiconductors Sector: Geopolitical and Climate Change-Related Risks at the Heart of the Semiconductors Sector Outlook (Credendo)
    • The Commission's 2030 Digital Compass: can it deliver and secure a future for Europe in the global digital economy? (Inline)
    • Intel increases its semiconductor manufacturing operations in Europe (Euronews)

    The post Top Semiconductor Companies - Statistics & Market Trends appeared first on Techreport.