At the end of this year to the semiconductor industry will have 28.1% of total revenue in the electronics market
Analysts IC Insights has published a forecast according to which global electronics market at the end of this year will grow by only 2%.
In monetary terms this corresponds to the final value 1,493 trillion dollars. While the semiconductor market will grow by 15% to 419,1 billion, due to rising demand and prices for memory chips DRAM and NAND, as well as some other components.
The semiconductor market, according to analysts, exceeds the threshold of 500 billion dollars in 2021. If the forecasts for the current year will come true, it would mean that the semiconductor market will have 28.1% of revenue of the electronics market, which will be a new record for the time of their existence. In 2021 it is expected figure is 28.9 percent.
Analysts believe that the limit is somewhere in the region of 30%, but it will not be achieved during the forecast period, while in 2019 the share of semiconductor industry in total revenue of the electronics market will amount to about 29.5%.