GCC Semiconductor Market Size | 2019-2032

GCC Semiconductor Market Size and Forecast by Product Type, Node Type, Application, Distribution Channel, and Country: 2019-2032

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The semiconductor market size in GCC increased to US$ 16.49 Billion in 2023, with a year-on-year growth rate of -8.5%.
By the end of 2032, the GCC semiconductor market is on track to achieve US$ 51.37 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 13.1% throughout the forecast period.
The microprocessors segment is estimated to hold the largest market share of 36.5% and be valued at US$ 18.73 Billion in 2032.
In 2032, 48.4% of the total spending in the GCC semiconductor market is forecasted to come from Saudi Arabia.

Analysis Period	2019-2032
Actual Data	2019-2023
Base Year	2023
Estimated Year	2024
CAGR Period	2024-2032
	Research Scope
Product Type	Microprocessors
	Memory
	Analog Semiconductors
	Logic Semiconductors
	Discrete Semiconductors
	Optoelectronics
	Embedded Processors
	Sensors
Node Type	Advanced Node
	Mid-range Node
	Legacy Node
Application	Automotive
	Artificial intelligence
	Internet of Things
	Cloud computing/data centers
	Wireless communications
	Consumer electronics
	Industrial equipment
	Personal computing
	Wireline communications
	Metaverse
Distribution Channel	Direct Sales
	Distributors and Resellers
	Online Marketplaces

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