The total market came in at just under $300 billion (£184 billion) last year, figures show.
Further to this, components manufacturer Intel retained its place at the top, followed by Samsung and Toshiba, Techeye.net reported.
According to Peter Middleton, principal analyst at Gartner, the upturn was due to "pent-up demand that had built in the wake of the worldwide economic recession, and rebuilding of semiconductor inventories that were significantly depleted during the recession and early recovery".
Meanwhile, Lattice Semiconductor Corporation has announced the launch of the new LatticeECP3 Versa Development Kit.
According to the firm, the new device is ideal for developing leading edge applications in a variety of markets.
It empowers mainstream customers to inexpensively measure the capabilities of high value design blocks in the award winning LatticeECP3 FPGAs.
