The Semiconductor Industry’s Journey to $1 Trillion in Global Revenue
Part 1: Navigating the Opportunity
The semiconductor industry is on the cusp of a new growth cycle. A&M sees a path to a staggering $1 trillion global revenue in the sector by the mid-2030s, up from the record revenue of $574 billion achieved in 2022.
The remarkable expansion and opportunity are set against a backdrop of increasing complexity within both the industry's own evolving dynamics and the broader geopolitical landscape. Such complexity is expected to usher in an era of change, challenging companies to adapt the ways they operate in all aspects of the business while adapting to the shifting customer and value chain landscapes.
Join our team as we embark on a series of papers first seeking to understand the sources of the opportunity as well as the increasing complexity and key implications, then exploring specific strategic areas. The series will explore how companies can:
- Adapt their talent recruitment and development processes;
- Improve their selection and execution of research and development (R&D) projects;
- Better hone their go-to-market efforts; and
- Make more strategic capital expenditure (CapEx) decisions, among some of the topics.
