2024 Rank | 2023 Rank | Vendor | 2024 Revenue | 2024 Market Share (%) | 2023 Revenue | 2024-2023 Growth (%) |
1 | 2 | Samsung Electronics | 66,524 | 10.6 | 40,942 | 62.5 |
2 | 1 | Intel | 49,189 | 7.9 | 49,117 | 0.1 |
3 | 5 | NVIDIA | 45,988 | 7.3 | 25,053 | 83.6 |
4 | 6 | SK hynix | 42,824 | 6.8 | 23,027 | 86.0 |
5 | 3 | Qualcomm | 32,358 | 5.2 | 29,225 | 10.7 |
6 | 12 | Micron Technology | 27,843 | 4.4 | 16,123 | 72.7 |
7 | 4 | Broadcom | 27,641 | 4.4 | 25,613 | 7.9 |
8 | 7 | AMD | 23,948 | 3.8 | 22,307 | 7.4 |
9 | 8 | Apple | 18,880 | 3.0 | 18,052 | 4.6 |
10 | 9 | Infineon Technologies | 16,001 | 2.6 | 17,022 | -6.0 |
Others (outside top 10) | 274,775 | 43.9 | 263,483 | 4.3 | ||
Total Market | 625,971 | 100.0 | 529,964 | 18.1 |
Source: Gartner (February 2025)
HBM to Represent 19.2% of DRAM Revenue in 2025, Up from 13.6% in 2024
Memory revenue recorded 71.8% revenue growth in 2024. Memory’s share as a percentage of total semiconductor sales increased to 25.2% in 2024. DRAM revenue improved 75.4% in 2024 while NAND revenue increased 75.7% year-over-year. High-bandwidth memory (HBM) production contributed significantly to the revenue for DRAM vendors. HBM revenue represented 13.6% of total DRAM revenue in 2024.
Nonmemory revenue increased 6.9% in 2024. Nonmemory accounted for 74.8% of total semiconductor revenue in 2024.
“Memory and AI semiconductors will drive near-term growth, with HBM projected to account for an increasing share of DRAM revenue, reaching 19.2% in 2025,” said Brocklehurst.“HBM revenue is estimated to increase 66.3% in 2025, reaching $19.8 billion.”
Gartner clients can read more in “Market Share Analysis: Semiconductors, Worldwide, 2024 (Preliminary).”
About Gartner for High Tech
Gartner for High Tech equips tech leaders and their teams with role-based best practices, industry insights and strategic views into emerging trends and market changes to achieve their mission-critical priorities and build the successful organizations of tomorrow. Additional information is available at .
Follow news and updates from Gartner for High Tech on X and LinkedIn using #GartnerHT.
MENAFN04022025007116015312ID1109166628