Global chip market to recover in 2024: Here are the biggest growth drivers – The Times of India

Auto industry boost After struggling in the last few years, the global chip market may see a turnaround in 2024. According to a new report, the global semiconductor sales market will recover in 2024 with an annual growth rate of 20 per cent. The semiconductor industry is expected to usher in a new wave of growth, according to IDC s latest research.