MARKET OVERVIEW
The 12-inch Wafer Foundry Market is experiencing rapid growth, driven by the increasing demand for semiconductor devices used in smartphones, tablets, wearables, automotive electronics, and other emerging technologies. Additionally, the rising adoption of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and 5G is expected to further fuel market growth.
MARKET SIZE & GROWTH
• The global 12 Inch Wafer Foundry Market was valued at USD 87,800 million in 2023.
• It is projected to reach USD 229,730 million by 2030.
• The market is expected to grow at a CAGR of 13.9% during the forecast period.
