Logic semiconductor market to reach USD 207.32 billion by 2032

According to the SNS Insider, the Logic Semiconductor Market size was valued at USD 140.66 billion in 2024 and is expected to reach USD 207.32 billion by 2032 and grow at a CAGR of 5.06% over the forecast period of 2025-2032.”

Factors driving market growth
The logic semiconductor market is rapidly growing due to increasing demand across consumer electronics, automotive, AI, IoT, and 5G technologies. Advances in chip design, performance, and energy efficiency have boosted investment returns, driving market expansion.

The U.S. market, valued at USD 48.31 billion in 2024, is projected to reach USD 61.24 billion by 2032, fueled by AI, 5G, and automotive electronics growth. Leading companies including Fujitsu and Marvell are enhancing their portfolios with high-performance solutions for automotive, industrial automation, cloud computing, and 5G infrastructure.

The rising adoption of AI, 5G, and IoT technologies requires powerful logic semiconductors to support data processing, connectivity, and seamless integration, creating significant opportunities and driving sustained market growth globally. Arm Holdings is set to launch AI chips by late 2025, further pushing innovation.

Region to dominate in 2024
In 2024, North America dominated the logic semiconductor market with a 47.19% revenue share, due to presence of major players including Intel, AMD, Qualcomm, etc., and spent in R&D along with strong government support. The U.S. is known as the front runner of the region, as the vast technology pool leads in AI, 5G, cloud computing, etc.

Asia Pacific is expected to register the fastest CAGR of 6.62% during the forecast period, due to presence of prominent manufacturing centers such as China, Japan, South Korea, and Taiwan. Companies, such as TSMC and Samsung are leading the charge for next-gen logic chips that's driving growth in AI, IoT, and mobile. With its growing tech ecosystem and national ambitions for semiconductor self-sufficiency, China has emerged as a powerhouse in the region.

Europe’s market grows steadily, with Germany as the dominant player, supported by robust infrastructure and manufacturing expertise. The Middle East & Africa and Latin America markets are also expanding, with the UAE and Brazil leading the region with increasing digital infrastructure, uptake of Smart Technologies and adoption of industrial automation.

Segment led market in 2024
By Type, the programmable logic device segment led the logic semiconductor market in 2024 with a 37.35% revenue share. The market was propelled by the introduction of new (Altera / Intel) or next-generation (Xilinx / AMD) high-performance FPGAs for AI and 5G applications from several suppliers.

The display drivers segment is projected to grow fastest at a 6.14% CAGR from 2025 to 2032, driven by the increasing adoption of high-resolution displays in smartphones, smart TVs and car dashboards along with product innovation in OLED and microLED driver ICs by Samsung and Novatek.

End-user segment adopts logic semiconductors the most
By End-user, the consumer electronics segment led the logic semiconductor market in 2024 with a 41% share, driven by rising demand for smartphones, smart home devices, and wearables. Companies like Apple and Samsung have launched advanced processors that enhance device performance.

The automotive segment is expected to grow fastest at a 6.26% CAGR over 2025-2032, owing to electric vehicles, ADAS, and infotainment systems. Tesla and NVIDIA are among the main companies shipping high performance logic chips for autonomous and smart vehicle applications.