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18 Media Technologies, Sorted by Adoption Rate

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Chart: 18 Media Technologies, Sorted by Adoption Rate

18 Media Technologies, Sorted by Adoption Rate

The Chart of the Week is a weekly Visual Capitalist feature on Fridays.

As you read this, know that you are not alone.

Statistically speaking, over 50% of people are consuming media in some form at this given moment.

In fact, the latest data shows that Americans spend over 12 hours per day consuming media in various forms. This means that people spend more time consuming media than they do working or sleeping – a prolific insight that explains why companies like Apple, Alphabet, Facebook, and Netflix have exploded in size and dominance over the last decade.

Media Adoption in 2018

Using the most recent survey data from Jacobs Media, we can get a sense of how all of this media is actually being consumed.

The following data shows the survey results of 64,289 radio listeners in North America to highlight the adoption rates for 18 different media technologies, ranging from television to smartwatches.

RankMedia TypeAdoption Rate
#1TV/Video95%
#2AM/FM Radio92%
#3Smartphone90%
#4Social Media86%
#5Tablet70%
#6Streaming Video69%
#7Radio/Music Apps66%
#8Device-to-Car65%
#9Streaming Audio61%
#10Smart TV51%
#11Video Games44%
#12MP3 Plaer35%
#13Satellite Radio25%
#14Connected Car24%
#15Podcast23%
#16Smart Speaker21%
#17HD Radio13%
#18Smartwatch11%

Conventional mediums like television still reign supreme for now.

However, it’s worth noting that the intersection of media and technology is a rapidly-evolving space – and there are several mediums that are jumping up the rankings fast.

Movers and Shakers

We previously covered the ultra-competitive battle for smart speaker market share, and the data here gives further indication to how fast the space is evolving. In the 2018 edition of the survey, smart speakers held a 21% penetration rate – that’s almost double the rate in the 2017 survey, which was only at 11%.

In the video streaming space, Netflix continues its rapid growth – something that was also evident in the internet minute graphic that we shared with you earlier in the week. Users watching Netflix at least once per week jumped from 41% to 52% between 2017 and 2018.

Finally, in other brand news, Facebook is used on a weekly basis by 74% of respondents. Other social media platforms like Instagram and Snapchat were well behind Facebook in overall media usage, but are still growing in terms of users.

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Ranked: Largest Semiconductor Foundry Companies by Revenue

Most of the 10 largest semiconductor foundries in the world, are headquartered in just three Asian countries, accounting for 90% of the entire industry’s revenue.

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A cropped chart showing the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023.

Ranked: Largest Semiconductor Foundry Companies by Revenue

They’re in our phones, cars, planes, and even fridges.

Semiconductor chips have become critical for the modern way of life, and the biggest semiconductor foundry companies rake in billions of dollars from widespread demand.

This chart shows the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023, using data sourced from Trendforce.

ℹ️ We highlight data for companies that only operate foundries (fabrication plants) that manufacture chips for clients, also known as a “pure-play” foundries, as well as companies that design and manufacture their own chips, known as integrated device manufacturers. “Fabless” manufacturers that only design and don’t manufacture their own chips are not included.

Semiconductor Foundry Companies by Revenue

At the top of the list and dwarfing every other company by revenue share is TSMC which earned 60% (or nearly $17 billion) of the entire industry’s revenue in Q1 2023.

Founded in 1987, TSMC is a pure-play foundry that has become Taiwan’s largest company and manufactures products for a host of clients including Apple, NVIDIA, and AMD.

RankCompanyCountryRevenue
(Q1 2023, USD)
1TSMC🇹🇼 Taiwan$16,735M
2Samsung🇰🇷 South Korea$3,446M
3GlobalFoundries🇺🇸 US$1,841M
4UMC🇹🇼 Taiwan$1,784M
5SMIC🇨🇳 China$1,462M
6HuaHong Group🇨🇳 China$845M
7Tower Semiconductor🇮🇱 Israel$356M
8PSMC🇹🇼 Taiwan$332M
9VIS🇹🇼 Taiwan$269M
10DB Hitek🇰🇷 South Korea$234M
Other$556M
Global Total$27,860M

Note: Revenue based on the following conversion rates: USD 1 = WON 1,276; USD 1 = NTD 30.4.

Well behind TSMC in foundry revenues is integrated device manufacturer Samsung, the biggest company in South Korea, which made $3.4 billion (12.4% of the industry’s revenue) from its semiconductor manufacturing business.

GlobalFoundries from the U.S., UMC from Taiwan and SMIC from China round out the top five, with each taking home around 6% of industry’s revenue share in Q1 2023. The former spun out from AMD’s manufacturing arm when the company went fabless in 2009.

Industry concentration is apparent in semiconductors. For example, the top 10 semiconductor foundry companies account for 98% of the entire industry’s revenue. Furthermore, 90% of the market is dominated by companies in just three Asian countries: Taiwan, South Korea, and China.

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