Semiconductor Trends in Mobile and Consumer 2024

3-page summary

Executive summary

Market context – electronic end-systems

Market context – semiconductor devices

Market forecast – semiconductor devices

Market trends – electronic end-systems

• Mobile market trends
• Computing market trends
• Consumer market trends

Technology trends – semiconductor devices

• More Moore – advanced logic node
• More Moore – advanced packaging
• More Moore – advanced memories
• More than Moore – power
• More than Moore – analog RF
• More than Moore – imaging
• More than Moore – sensing

Outlook

Improving product mix and increasing selling prices are powering the growth of the mobile & consumer markets

The overall trend is for more expensive mobile & consumer end systems, maintaining revenue growth at a 2.4% CAGR. Semiconductor content will remain stable at ~35% for the mobile and computing subsegments while remaining at ~16% for the consumer subsegment.

The semiconductor device industry has suffered a decline of –10% in 2023, primarily due to a collapse in memory prices and the post-covid sequence of stockpiling and chip shortages. Until 2023, semiconductors for mobile & consumer have hovered in the range of ~60% of the total semiconductor output, making this segment a pillar of the semiconductor industry. This share is expected to reduce toward ~40% by the end of the decade, primarily due to the greater growth in data center infrastructure and automotive semiconductors.

OEMs from the US have improved their commanding position all along the post-covid sequence

In 2023, the strong US dollar helped consumer electronic imports in the United States but is impeding consumption everywhere else.

The global GDP growth pattern has fully recovered from the covid-19 interruption, and the expectation is for a nominal  2.8% CAGR for the next five years.

G7 countries are nonetheless experiencing some extreme levels of inflation, which has constrained disposable incomes and is currently taming demand for mobile & consumer items.

Mainland China now represents about ~20% of the world economy, and Chinese OEMs have captured one-third of the consumer electronics markets.

The combined US and EU economies are now below 50% of the world’s GDP. However, United States OEMs still have ~40% of the consumer electronics market, while European OEMs remain non-significant.

The race for 5G connectivity, device miniaturization and power efficiency

More Moore – Only two players (TSMC and Samsung) provide the most advanced 4nm to 3nm logic nodes, mainly serving Apple and Samsung mobile divisions. Both OEMs combine leading-edge semiconductors with advanced packaging techniques in their latest flagships. Three players (Samsung, SK Hynix, and Micron) can deliver the SS-1βnm DRAM, while three (Samsung, Micron, and YMTC) can provide 232-layer 3D NAND.

More than Moore – Power semiconductor technology is all about compound semiconductors, in particular, power GaN for high-speed charging. Analog RF is increasingly adopting 5G technologies such as BAW filters and RF SOI. Photonic and Lighting is also powered by compound semiconductors, and InP and GaAs VCSELs could eventually propel microLEDs to the forefront. Imaging is primarily driven by multi-camera systems in mobile but also by emerging wearable & IoT products. Finally, sensors were at the foundation of the smartphone revolution and will continue to expand in numbers and functionality.

Acer, Amazon, Alps-Alpine, AMD, ams-Osram, Analog Device, Apple, Asus, Bang&Olufsen, BBK, Bosch, Bose, Broadcom, Canon, Cirrus Logic, Dell, DJ Innovation, Ecovacs, Gopro, Hisense, Hisilicon, Honor, HP, Huada, Huawei, Infineon, Intel, Kioxia, Lenovo, LG Electronics, Marvell, Mediatek, Meta, Microchip, Micron, Microsoft, Nanya, Nikon, Nitendo, Nvidia, NXP, onsemi,  Panasonic, Powerchip, Qorvo, Qualcomm, Realtek, Renesas, Roborock, Rohm, Samsung , Sennheiser , Sharp, SK Hynix, Skyworks,  Socionext, Sonos, Sony, STMicroelectronics, TCL, Texas Instrument,  Thales, Transsion, Unisoc, Vizio, Western Digital, Will Semi, Xgimi, Xiaomi, YMTC, ZTE micro, and more.

Key Features

• 2023-2030 forecast for Mobile semiconductors
• 2023-2030 forecast for Consumer semiconductors
• 2023-2030 forecast for Computing semiconductors
• Overview of the Mobile & Consumer end-system market trends
• Overview of the Semiconductor technology trends for Mobile & consumer markets.

What's new?

• This report is part of a new offer from Yole group covering the Semiconductor trends in all major markets. As of 2024 Mobile & Consumer represent about ~60% of the semiconductor device industry revenue.

Product Objectives

Semiconductor device for Mobile & Consumer in numbers

• Context of the Mobile & Consumer end-system market
• Market forecast Revenue ($B) / unit devices (Bu) / Average selling price ($) / Wafer production (kWpm 12’’eq.)
• Market players Revenue ($B) and ranking

Application trends for Mobile & Consumer end-systems

• Mobile / Computing / Consumer
• Application drivers

Technology trends  for Mobile & Consumer markets

• Memory / Logic / Power & Analog / Opto & Sensors
• Technology drivers