According to PwC's "Semiconductor & Beyond 2026" report, the global semiconductor market value could reach one trillion dollars by 2030. This will be driven by massive investments in new factories and the growing demand for processing power needed for artificial intelligence workloads.
Between 2024 and 2030, the industry could allocate more than $1.5 trillion to capacity expansion, a figure that exceeds investments over the last two decades.
In terms of demand, the servers and networking segment will dominate the market by 2030, while the automotive industry will be the second-fastest-growing sector, driven by electric vehicles and autonomous driving.
Looking ahead, PwC identifies five technologies that will shape the sector: advanced AI, autonomous robotics, driverless technology, quantum computing, and intelligent cyber-physical systems.
This increase is associated with the rapid growth of data centers, especially in AI accelerators and high-bandwidth memory, which would raise the global server market to over $300 billion by 2030. PwC emphasizes that chip design will be a critical component of the ecosystem but warns of a talent gap estimated at 100,000 additional engineers needed to sustain growth.