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Semiconductor Market to reach USD 1080.83 Bn with TSMC expected to hold the largest share- Says Stellar Market Research

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PUNE, India, July 31, 2024 /PRNewswire/ — Stellar Market Research has published a report on the Semiconductor Market stating that the market size was USD 558.18 Bn in 2023 and is expected to grow at a CAGR of 9.90 percent through the forecast period, reaching USD 1080.83 Bn by 2030. The global semiconductor industry has been witnessing remarkable growth in recent years, fueled by the increasing demand for consumer electronics and the advent of transformative technologies like artificial intelligence (AI), the Internet of Things (IoT), and machine learning (ML).

Market Size in 2023

USD 558.18 Bn

Market Size in 2030

USD 1080.83 Bn

CAGR

9.90 percent (2024-2030)

Forecast Period

2024-2030

Base Year

2023

Number of Pages

279

No. of Tables

114

No. of Charts and Figures

112

Segment Covered

By Component and Application

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF:https://www.stellarmr.com/report/req_sample/semiconductor-market/2311 

Competitive Landscape

The semiconductor industry is currently facing intense competition and strategic shifts. TSMC (Taiwan Semiconductor Manufacturing Company) continues to hold its lead as the principal foundry globally, thanks to significant investments in advanced process technologies. Samsung and Intel are also making notable progress to challenge TSMC’s dominance by growing their manufacturing capabilities and developing cutting-edge process nodes. The rise of China as a key player in the semiconductor industry, with the rapid growth of domestic fabrications and advancements in chipmaking capabilities, introduces a new dynamic to the competitive landscape. Despite a decline in 2023, the long-term prospects for the semiconductor industry remain positive due to the growing demand for high-performance computing and the widespread adoption of advanced technologies.

Key Highlights

Integrated circuits (ICs) are a crucial component driving the semiconductor market due to their versatility and integration capabilities.India is a major importer of semiconductors, while China is the leading exporter.High production costs and intense competition impact profitability while disruptions in global supply chains due to geopolitical tensions impact semiconductor availability.The highest-revenue semiconductor companies produce a wide range of products, including microprocessors, memory chips, commodity integrated circuits, and complex systems on a chip.

Integrated Circuit Segment Revolutionising Semiconductor Industry

The Integrated Circuit (IC) segment dominates the global semiconductor market, which includes microprocessors, memory chips, and analog ICs. ICs are crucial to modern electronics around the world, driving advancements in computing, telecommunications, and consumer electronics. Major companies like TSMC and Intel have flourished in this sector, capitalizing on the importance of ICs to gain significant market shares and investments. The growth of the IC segment is strengthened by the ongoing digital transformation and the increasing prevalence of artificial intelligence and IoT devices. Although challenges grew in 2023, the forecast for 2024 suggests an overcome fueled by rising demand and strategic investments, especially in emerging markets such as India and Malaysia. These regions are positioning themselves as vital contributors to the semiconductor supply chain, further solidifying the IC segment’s dominance in the global semiconductor market. Continuous innovation and investment in IC technology are crucial for maintaining a competitive advantage and addressing the growing demands.

Request for a Sample Report:https://www.stellarmr.com/report/req_sample/semiconductor-market/2311 

Asia Pacific to Dominate the Semiconductor Market by 2030

Asia Pacific’s dominance in the semiconductor market is highlighted by substantial investments, technological progress, and strategic actions. The region, spearheaded by major players like Taiwan, South Korea, and China, holds more than 60% of worldwide semiconductor sales, with Taiwan Semiconductor Manufacturing Company (TSMC) alone commanding the largest market share in the global foundry market. Malaysia is targeting to attract investments exceeding $100 billion in semiconductors by 2024, showcasing the region’s dedication to enhancing its semiconductor capabilities. Moreover, India’s rise as a semiconductor powerhouse is reinforced by its Semiconductor Mission and notable foreign direct investments, as the government strives to turn the nation into a global center for semiconductor design and manufacturing. The ongoing trade disputes and disruptions in the supply chain have further hastened the localization of semiconductor production within the region. Japan’s progress in semiconductor materials and South Korea’s dominance in memory chips, particularly through companies like Samsung and SK Hynix, further cement the region’s market leadership. Emerging markets are leveraging the increasing demand for semiconductors fueled by advancements in AI, 5G, and automotive technologies. The strategic drive towards innovation and increasing capacity positions Asia Pacific as the epicenter of the global semiconductor industry, ready to shape the future of technology.

Browse Related Reports by Stellar Market Research:  Semiconductor Reports & Consulting

Audio Amplifier IC’s Market size was valued at USD 3.57 Bn. in 2023 and the total Global Audio Amplifier IC’s revenue is expected to grow at a CAGR of 7.5% from 2024 to 2030, reaching nearly USD 5.92 Bn. by 2030.

Semiconductor in Wireless Communication Market size was valued at USD 62 Bn. in 2023 and the total Semiconductor in Wireless Communication Market revenue is expected to grow at a CAGR of 7% from 2024 to 2030, reaching nearly USD 99.56 Bn. by 2030.

Power MOSFET Market size was valued at USD 8.78 Bn. in 2023 and the total Power MOSFET size is expected to grow at a CAGR of 7.18% from 2024 to 2030, reaching nearly USD 14.27 Bn. by 2030.

Semiconductor Lasers Market size was valued at USD 7.26 Bn. in 2023 and the total Semiconductor Lasers size is expected to grow at a CAGR of 12.80% from 2024 to 2030, reaching nearly USD 16.87 Bn. by 2030.

Semiconductor in Healthcare Market size was valued at USD 68.21 Bn. in 2023 and the total Semiconductor in Healthcare Market revenue is expected to grow at a CAGR of 11.41% from 2024 to 2030, reaching nearly USD 145.32 Bn. by 2030.

Semiconductors in Military and Aerospace Market size was valued at USD 22.18 Bn. in 2023 and is expected to reach USD 32.70 Bn. by 2030, at a CAGR of 5.7%.

Power Semiconductor Market size was valued at USD 47.26 Bn. in 2023 and the total Power Semiconductor size is expected to grow at a CAGR of 4.46% from 2024 to 2030, reaching nearly USD 64.16 Bn. by 2030.

Automotive Semiconductor Market size was valued at USD 48.89 Bn. in 2023 and is expected to reach USD 87.67 Bn. by 2030, at a CAGR of 8.7%.

DRAM Market size was valued at USD 93.31 Bn. in 2023 and the total DRAM size is expected to grow at a CAGR of 10.57% from 2024 to 2030, reaching nearly USD 188.54 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4,
Pinnacle Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
 +91 9607365656

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Linkedin | Twitter | Facebook | Instagram |

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Technology

Shoplazza Launches the World’s First AI-Native Commerce Operating System with a Unified Suite of AI Agents

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TORONTO, April 20, 2026 /PRNewswire/ — Shoplazza, a leading global commerce platform, announced the launch of the world’s first AI native commerce operating system recently, along with a unified suite of AI agents designed to execute across the entire ecommerce lifecycle. The release marks a major step forward in the company’s evolution from a traditional software platform to an AI-driven commerce infrastructure built for global scale.

At the core of the system is Shoplazza AI Store Builder, an intelligent agent that fundamentally changes how online stores are created. Instead of configuring tools manually, merchants can now generate fully functional, ready to sell storefronts through simple natural language input. By interpreting product information, target markets, and customer profiles, the system automatically builds site architecture, generates localized content, and provides initial go to market recommendations. What once required weeks of setup can now be completed in minutes, with a complete store and launch ready foundation.

Shoplazza also introduced LazzaStudio, an AI powered visual creation agent that streamlines how merchants produce content at scale. From product imagery to marketing creatives and campaign visuals, LazzaStudio transforms traditionally complex production workflows into a prompt driven process. With built in brand learning capabilities, the system generates consistent, high quality assets tailored for global audiences, enabling merchants to deploy content seamlessly across storefronts and advertising channels while significantly reducing production time and cost.

To complete the growth loop, Shoplazza launched AdValet, an AI advertising agent that automates campaign execution end to end. AdValet translates product data and market signals into audience targeting, creative generation, media planning, and campaign deployment. During live campaigns, it continuously monitors performance and dynamically optimizes outcomes through real time feedback and model iteration. This shifts advertising from manual, experience based trial and error to a system of continuous, AI-driven performance optimization.

These agents operate together within Shoplazza’s AI-native commerce operating system, where merchant intent is translated directly into coordinated execution. By unifying store creation, content production, and marketing into a single system, Shoplazza replaces fragmented workflows with an integrated layer of automation that enables faster, more predictable growth.

Shoplazza currently supports more than 650,000 merchants worldwide. With its AI-native architecture, the platform brings together previously disconnected capabilities into a single intelligent system, delivering improvements in efficiency, scalability, and operational reliability for businesses operating in increasingly complex global markets.

Looking ahead, Shoplazza will introduce Athena very soon, an AI admin agent designed to extend automation into day to day business management. Covering areas such as product management, order processing, analytics, and content operations, Athena allows merchants to interact with the system conversationally while orchestrating multiple agents in the background. This will complete a fully connected agent ecosystem spanning store creation, creative production, marketing execution, and ongoing operations.

“Commerce has reached a point where adding more tools no longer solves the problem,” said Jeff Li, Founder and CEO of Shoplazza. “What merchants need is a system that can understand intent and execute across the entire business. That is what we are building with our AI native commerce operating system. It is not just about making things easier. It is about making outcomes more predictable, scalable, and aligned with how modern commerce actually operates.”

About Shoplazza

Shoplazza is a global AI-native commerce operating system that enables brands to build, launch, and scale their online businesses. Built on an AI agent-native framework, Shoplazza integrates storefronts, marketing, payments, and operational workflows into a unified system designed to support scalable, long-term growth across global markets. Learn more at https://www.shoplazza.com/.

 

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SOURCE Shoplazza

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Pricer and JRTech Solutions sign 51 MUSD digital store transformation deal with Sobeys in Canada

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MONTREAL, April 20, 2026 /PRNewswire/ – Pricer AB, a global leader in digital shelf-edge solutions, announces that its Canadian partner JRTech Solutions has signed a major agreement with Sobeys, one of Canada’s leading supermarket chains. The contract includes the deployment of Pricer’s latest electronic shelf label (ESL) technology and the cloud-based platform Pricer Plaza across an estimated 300–350 stores.

The agreement covers the supply of multicolor electronic shelf labels and the necessary store infrastructure, with a total hardware and infrastructure value of approximately 51 MUSD (excluding Pricer Plaza). The deployment is scheduled for an 18-month period starting in May 2026.

“We are very grateful for the trust and that Sobeys has once again chosen Pricer as its long-term strategic partner,” says Mats Arnehall, Chief Growth Officer at Pricer. “This deal confirms our leading position in the North American market and the value of our high-performance system in high-density retail environments. Our scalable cloud platform, Pricer Plaza, will be the intelligence behind every label, enabling Sobeys to act faster and work smarter.”

“After years of close collaboration and shared success, we’re proud to grow our partnership with Sobeys even further with an expanded rollout,” says Diego Mazzone, President and CEO of JRTech Solutions. “That momentum is driven by our ability to consistently deliver reliable, high-quality solutions in complex retail environments. Together, we are positioning our digital smart labels at the heart of a broader digital transformation, driving operational excellence, unlocking real-time intelligence, and creating meaningful value for both Sobeys and their customers.”

Orders will be included in Pricer’s order intake as they are received.

About JRTech Solutions
JRTech Solutions Inc. is the leading North American turnkey Electronic Shelf Label (ESL) provider and the largest worldwide distributor of Pricer ESLs, involved in over 2,000 store installations since 2008. JRTech Solutions is the exclusive Canadian provider of AI-powered inventory scanning robotics powered by Brain Corp for automated inventory management.
For further information: www.jrtechsolutions.com

About Pricer
Pricer is a pioneer and partner for in-store communication and digitalization in the rapidly evolving retail tech landscape. As a global technology leader, we empower leading retailers worldwide to shape effortless and inspiring shopping experiences that fundamentally change buying behaviors, boost sales, and drive operational efficiency. Leveraging cutting-edge innovation, we deliver scalable, high-performing solutions that easily integrate with existing systems, are energy-efficient, and user-friendly. Founded in Sweden in 1991 and listed on Nasdaq Stockholm, Pricer has delivered over 380 million electronic shelf labels in more than 28,000 stores across more than 80 countries.
For further information, please visit www.pricer.com

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SOURCE JRTECH SOLUTIONS INC.

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Mitate Zepto Technica Joins JST’s Next-generation Edge AI Semiconductor R&D Program as Social Implementation Partner

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– MZT to Lead Product Commercialization through Its Genome-analysis Accelerator “RASEN” –

TOKYO, April 20, 2026 /PRNewswire/ — Mitate Zepto Technica, Inc. (hereinafter “MZT”), based in Tokyo’s Shibuya district, announced on April 20 that it has joined the national research initiative “Next-Generation Edge AI Semiconductor Research and Development Program” promoted by the Japan Science and Technology Agency (JST). MZT participates as a designated social implementation and commercialization partner for the research theme “Accelerating Edge Intelligence for AI for Science” (Principal Investigator: Makoto Taiji, Program Director, TRIP Headquarters, RIKEN).

Logo: https://kyodonewsprwire.jp/img/202604167540-O1-5Sz6I68Q 

This research theme aims to achieve advanced computational infrastructure through the integration of AI technology and next-generation edge semiconductors, with genome analysis as one of its key application domains. MZT participates as an organization responsible for the productization and social implementation of research outcomes through its proprietary genome-analysis accelerator “RASEN.”

Background

Since its founding in 2020, MZT has pursued a distinctive approach to genome analysis: purpose-built ASIC acceleration. Following technology validation through joint research with Tohoku University and other partners, MZT now participates as an R&D institution responsible for social implementation under this research theme.

MZT’s Role in the Program

Within this research theme, MZT will integrate AI research outcomes from RIKEN and Tohoku University into the RASEN architecture, and lead the R&D work toward social implementation through ASIC development and productization. As the industrial partner bridging research and real-world deployment, the company targets social implementation by 2029.

Program Overview

Research theme: Accelerating edge intelligence for AI for science
Promoting agency: Japan Science and Technology Agency (JST)
Principal investigator: Makoto Taiji, Program Director, TRIP Headquarters, RIKEN
Participating institutions: RIKEN, Tohoku University, Keio University, Mitate Zepto Technica
MZT’s participation start: April 2026 (FY2026)
JST program period: FY2025 onwards

Comment from Keisuke Harashima, President & CEO, Mitate Zepto Technica:
“It is a tremendous honor that we can lead the social implementation of this research theme through the acceleration of genome analysis via dedicated semiconductors — a challenge we have pursued since MZT’s founding. RASEN is at exactly the right inflection point, transitioning from research to real-world deployment. We will use this participation to accelerate commercialization across healthcare, drug discovery, and research infrastructure.”

About RASEN

RASEN is MZT’s proprietary genome-analysis accelerator under development, built on a purpose-designed ASIC architecture. In internal validation, RASEN has demonstrated the ability to complete whole-genome sequencing (WGS) analysis in approximately 5 minutes on a standard workstation — without the need for supercomputers or high-performance computing infrastructure. In independent validation studies conducted with Tohoku University, RASEN achieved 99.8% concordance with conventional analysis methods across 12 samples, confirming that its speed advantage does not come at the cost of accuracy.

About Mitate Zepto Technica

Mitate Zepto Technica is a Japanese deep-tech startup developing purpose-built semiconductor solutions for genome analysis. By harnessing cutting-edge chip technology, MZT aims to deliver transformative speed improvements in genomic computation –contributing to the resolution of global challenges in healthcare, food security, and energy through its proprietary products.

Website: https://mitatezeptotechnica.com/en/company/ 

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SOURCE Mitate Zepto Technica, Inc.

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