Omdia expects the Chinese semiconductor market to exceed 800 billion dollars in 2026, with memory chips surging by 262.9%

According to the latest report from Omdia titled "2026 Q2 Semiconductor Application Market Forecast Tool (AMFT)", driven by the large-scale development of AI infrastructure, the expected year-on-year growth rate of China's semiconductor market size in 2026 has been significantly revised upward to 92.9%, reaching a total of $812.08 billion. Among them, the computing and storage category is expected to grow by 126%, accounting for 62.9% of the overall application market, marking that the industry is fully entering the AI-driven era in sync with the global trend.

In the segmented chip categories, influenced by the surge in demand for AI cloud and edge inference leading to tight supply and demand, the market size of China's storage chip market is expected to skyrocket by 262.9% to $449.6 billion, with market share jumping to 55.4%. At the same time, AI demand has also driven significant growth in logic chips (27.9%), analog ICs (25.4%), and microcontrollers (15%), creating enormous space for the improvement of local semiconductor self-sufficiency and capacity utilization. In contrast, the wireless communication category, primarily focused on smartphones, although experiencing an absolute scale growth of 68.8%, is expected to see its overall market share decline from 30.43% in 2025 to 26.63% due to the dual pressure of soaring storage costs and shrinking shipment volumes.