Market research agency Yole Group recently released a research report showing that advanced packaging has become an important force driving the expansion of the packaging market. The advanced packaging market reached US$46 billion in 2024, up 19% year over year after recovering in 2023. Yole Group expects the advanced packaging market to exceed US$79.4 billion in 2030, with a compound annual growth rate of 9.5% from 2024-2030. Demand for AI and high-performance computing will be the main driving force in the recovery cycle. By sector, communications and infrastructure have become the fastest growing market segment, with a CAGR of 14.9% from 2024 to 2030, benefiting from AI accelerators, GPUs, and Chiplet architectures. Although mobile and consumer electronics are still the largest markets, accounting for about 70% of revenue in 2024, they are not growing as fast as in the communications and infrastructure sector.

Market research agency Yole Group recently released a research report showing that advanced packaging has become an important force driving the expansion of the packaging market. The advanced packaging market reached US$46 billion in 2024, up 19% year over year after recovering in 2023. Yole Group expects the advanced packaging market to exceed US$79.4 billion in 2030, with a compound annual growth rate of 9.5% from 2024-2030. Demand for AI and high-performance computing will be the main driving force in the recovery cycle. By sector, communications and infrastructure have become the fastest growing market segment, with a CAGR of 14.9% from 2024 to 2030, benefiting from AI accelerators, GPUs, and Chiplet architectures. Although mobile and consumer electronics are still the largest markets, accounting for about 70% of revenue in 2024, they are not growing as fast as in the communications and infrastructure sector.