The rising demand for 5G wireless and IoT solutions, along with government funding for semiconductor technology advancement, are key drivers of market growth.

“The Semiconductor Foundry Market size was valued at USD 118.60 Billion in 2023. It is expected to reach USD 211.34 Billion by 2032 with a growing CAGR of 6.63% over the forecast period 2024-2032, As Per the Research by SNS Insider”