The global IC market will reach US $565.1 billion in 2022 From IC Insights
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IC insights has updated its comprehensive forecast and analysis of the global semiconductor industry. Following a 13% growth in 2020 and a strong 26% growth in 2021, the IC market will grow by another 11% this year. This marks the first time in 25 years that the IC market has achieved double-digit growth for three consecutive years. The last time this growth occurred was in 1992-1995.
The IC industry is still very flexible. It experienced a sharp decline of – 15% in 2019, and then struggled to rebound in severe economic uncertainty due to the global new crown pandemic in the first half of 2020. The pandemic has led to changes in the world’s way of life. Individuals, businesses, educators and governments are increasingly turning to online, which provides a catalyst for the strong growth of IC sales in the second half of 2020 and 2021. Strong demand, coupled with the rise in average selling prices caused by extensive supply chain disruption, led to a 26% increase in the IC market last year. 2021 is the year with the eighth highest increase in IC sales since 1978. The industry increased by 28% in 1980 and 2004 and 33% in 1994 and 2010.
Looking ahead, following the first breakthrough of US $509.8 billion in 2021, global IC sales are expected to increase by 11% to US $565.1 billion this year.
More reading: IC insights: capital investment estimate of semiconductor industry in 2017 IC insights: new record number of IC capacity forecast in 2021 IC insights: car and Internet of things chip sales will reach US $42.9 billion in 2021 IC insights: Samsung will overtake Intel as the largest chip manufacturer in 2017 IC insights: CMOS image sensor market will reach US $15.9 billion in 2021 IC insights Ghts: in 2017, Chinese enterprises accounted for 11% of the global Fabless IC market. IC insights: in 2021, the IC market increased by 26% IC insights: in 2020, the global IC chip production scale was $143.4 billion, and China accounted for 15.9% IC insights: it is estimated that the global semiconductor sales will reach $680.6 billion in 2022, an increase of 11% IC insights: it is estimated that the revenue of Q3’s top 15 semiconductor companies in the world will reach $115.2 billion in 2021, a year-on-year increase 7% IC insights: ranking of global semiconductor growth rate in 2013: Hynix first, MediaTek second, Qualcomm IC insights: Huawei Hisilicon, the world’s top ten semiconductor manufacturer, entered the top ten IC insights for the first time in the first half of 2020: the total amount of IC M & A transactions in the first eight months of 2021 reached US $22 billion IC insights: it is expected that the global MPU market is expected to exceed US $100 billion for the first time in 2021 IC insights: half of Europe How strong are the big three conductors?
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