GLOBAL DEVELOPMENT DYNAMICS AND TECHNOLOGICAL TRENDS IN THE SEMICONDUCTOR INDUSTRY

Abstract

The article examines the current state and development dynamics of the global semiconductor industry, which plays a crucial role in technological advancement and economic growth worldwide. According to the Semiconductor Industry Association data, global semiconductor sales reached $627.6 billion in 2024, representing a 19.1% increase compared to 2023 ($526.8 billion). This growth demonstrates the industry's recovery following the downturn caused by global economic challenges and the COVID-19 pandemic. The regional analysis reveals significant differences in industry performance, with the Americas showing the strongest annual sales growth in 2024 (44.8%), followed by China (18.3%) and the Asia-Pacific region (12.5%), while Japan experienced a slight decline (-0.4%) and Europe faced a more substantial decrease (-8.1%). These indicators reflect the global dynamics of production capacity redistribution and investments in the semiconductor industry. The research analyzes the market's product structure, where logic devices represented the largest share in 2024 with sales reaching $212.6 billion. Memory devices became the second-largest category, with sales growing by 78.9% to $165.1 billion. The DRAM segment demonstrated particularly impressive growth of 82.6%. The article examines the semiconductor industry in leading countries. Taiwan remains the global leader, producing over 60% of the world's semiconductors in 2022. The United States demonstrates strong dynamics, with the market valued at $75.3 billion in 2024. Japan is actively reviving its semiconductor industry with government subsidies exceeding $25 billion in 2023. The study identifies key growth drivers, including artificial intelligence, transport electrification, 5G networks, and the Internet of Things. Analysts predict that the global semiconductor market will grow more than twice as fast as global GDP and could reach over $1 trillion by 2030. The article examines government support programs in various countries, comparing investment volumes and focus areas. The research highlights the importance of digital transformation and sustainable development in the semiconductor industry. The article concludes by presenting prospects for industry’s development until 2030, with significant government investments confirming the strategic importance of semiconductors for national security and economic development.