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  2. As the impact of digital on lives and businesses has accelerated, semiconductor markets have boomed, with sales growing by more than 20 percent to about $600 billion in 2021. McKinsey analysis based on a range of macroeconomic assumptions suggests the industry’s aggregate annual growth could average from 6 to 8 percent a year up to 2030.
    www.mckinsey.com/industries/semiconductors/our …
    Global semiconductor revenue is projected to decline 3.6% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market is on pace to grow 4% and total $618 billion. “The short-term outlook for semiconductor revenue has worsened,” said Richard Gordon, Practice Vice President at Gartner.
    www.gartner.com/en/newsroom/press-releases/20…
    Over the last decade, revenues generated by the global semiconductor industry have steadily increased, surpassing 580 billion U.S. dollars in 2022. In the coming years, semiconductor market revenues are expected to remain high, with predictions suggesting that the market will stay above 550 billion U.S. dollars in 2023.
    www.statista.com/statistics/498265/cagr-main-semi…

    IDC projects the semiconductor market to grow 17.3% in 2021 and reach potential overcapacity by 2023. Despite the current situation, the market is expected to reach $600 billion by 2025 and $1 trillion by the end of this decade.

    www.aranca.com/knowledge-library/articles/invest…
     
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  5. WEBThe market is expected to get almost all of that back in 2024, with sales expected to reach 2022 levels. If we exclude memory, the rest of the industry was down in 2023, but only by about 3%. In terms of end …

  6. WEBApril 22, 2022 With chip demand set to rise over the coming decade, the global semiconductor industry is poised to become a trillion-dollar industry by 2030. About 70 percent of growth is predicted to be driven by the …

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