McKinsey & Company Releases White Paper Re-evaluating Semiconductor Industry Market Size

AI Summary (NQ-processed)

McKinsey & Company has released the Japanese version of its white paper, 'Hiding in plain sight: The underestimated size of the semiconductor industry,' which re-evaluates the true market size of the semiconductor industry. The report states that traditional revenue-based analyses have underestimated the market by not fully accounting for the value of in-house chips by OEMs and design-only companies. It projects the semiconductor market could grow from approximately $775 billion in 2024 to up to $1.6 trillion by 2030, with growth concentrated in advanced logic for AI and High Bandwidth Memory (HBM). The paper suggests that companies need strategic positioning based on segment characteristics, accelerated technological innovation in advanced areas, and strengthened cost competitiveness in mature areas.