Assumptions for the growth of the semiconductor market
The global semiconductor market is projected to grow from USD 573.44 billion in 2022 (it reached USD 527.88 billion in 2021) to USD 1,380.79 billion by 2029 during the forecast period 2022-2029, implying a growth of 12 .2% at the level of CAGR (Compound Annual Growth Rate).
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