Institution: The advanced packaging market is expected to reach approximately 800 billion US dollars by 2030.

Market research firm Yole Group recently released a research report showing that advanced packaging has become an important driver of the expansion of the packaging market. The advanced packaging market is expected to reach $46 billion in 2024, a 19% year-on-year increase from the recovery in 2023. Yole Group predicts that the advanced packaging market will exceed $79.4 billion in 2030, with a compound annual growth rate of 9.5% from 2024 to 2030, with AI and high-performance computing driving the recovery cycle. In terms of specific sectors, communication and infrastructure are the fastest growing submarkets, with a CAGR of 14.9% from 2024 to 2030, benefiting from AI accelerators, GPUs, and Chiplet architecture. While mobile and consumer electronics remain the largest market, accounting for approximately 70% of revenue in 2024, their growth rate is lower than that of the communication and infrastructure sectors.