This is the latest figure announced by market research company Omdia on March 18. According to experts, the demand for technologies related to artificial intelligence continues to drive market expansion, with leading companies in this field making significant contributions to the industry's growth.
However, unlike 2024 when the car, consumer and industrial segments declined, all major semiconductor application segments recorded revenue growth in 2025.
Although demand driven by AI initially strengthened the price of high bandwidth memory (HBM) in 2024, this impact is increasingly spreading to the entire DRAM market (dynamic random access memory)", senior analyst Lino Jeng said.
At the same time, suppliers have shifted the wafer distribution to HBM and high-density server DRAM. As a result, price improvements have spread throughout many DRAM segments in 2025 as the market recovered after the 2023 recession.
As a result, DRAM revenue has nearly tripled, from over 50 billion USD in 2023 to over 150 billion USD in 2025, becoming the fastest growing niche of the semiconductor industry.
Strong revenue growth in the semiconductor industry since 2023 has also led to market share concentration in the world's largest companies. While total semiconductor market revenue increased by about 53% from 2023 to 2025, revenue of the top ten semiconductor companies increased by 90%. In the same period, companies outside the Top 10 in the world only grew by 8%.
Demand for artificial intelligence (AI) has shaped the semiconductor market. Four leading companies including Nvidia, Samsung, Intel and SK Hynix accounted for 42% of the industry's total revenue in 2025, a sharp increase compared to the rate of 24% in 2023.
According to experts, if the demand for AI continues to be maintained until 2026, and the market records another year of growth of more than 20%, the total revenue of the semiconductor industry may exceed the 1,000 billion USD mark for the first time.
