Global semiconductor market approaches $1 trillion in 2026

WSTS has released the Autumn 2025 forecast, raised the 2025 growth outlook, and confirmed strong continued momentum for global semiconductor market through 2026.

2025: Strong growth driven by logic and memory; Other segments show gradual recovery
Following a stronger-than-expected third quarter, the global semiconductor market is now projected to grow 22% in 2025, reaching USD 772 billion. This represents an upward revision of nearly USD 45 billion (about 7 percentage points) compared to the Summer 2025 update.

The upward revision is mainly driven by Logic and Memory, boosted by AI-related applications and continued demand in computing and data center infrastructure. Logic is now expected to grow 37% (up 8 percentage points), and memory 28% (up 11 percent points).

Other product categories are improving after the 2024 down-cycle, but the recovery remains moderate: Sensors +10 %, microprocessors +8%, analog +7%, and optoelectronics with +4%. Discretes product segment is expected to decline slightly, mainly due to ongoing weakness in automotive applications.

Regionally, the Americas and Asia Pacific are expected to expand by 25 to 30%, reflecting the strength in logic and memory. Europe is projected to grow 6%, while Japan is set to decline by 4%.

2026 outlook: Continued global semiconductor growth towards nearly USD 1 trillion
For 2026, WSTS forecasts the global semiconductor market to grow by more than 25%, reaching USD 975 billion. Growth is expected across all regions and product categories. Memory and Logic are again projected to lead, both increasing by over 30% year-over-year. Most of the other product categories are expected to continue their gradual recovery, expanding at a more moderate pace.

Regionally, all major markets are expected to expand. The Americas and Asia Pacific remain the strongest contributors, while Europe and Japan are forecast to see low double-digit growth.