How to Calculate CAGR
if the current user base is 140 million
And Current market value is 17.78 Billion
What's validation will be 2028 with CAGR of 17%
The Indian semiconductor industry is expected to grow from $34.3 billion in 2023 to $100.2 billion by 2032, with a compound annual growth rate (CAGR) of 20.1%. Other estimates put the market at $150 billion by 2030, with a CAGR of 24%.
CAGR vs. Simple Percentage Change: Key Difference
When analyzing growth, it's important to choose the right metric. Here's a quick breakdown:
Simple Percentage Change
- Measures the total growth between two points.
- Useful for short-term comp