Worldwide Semiconductor Market Outlook Upgraded to GROWTH from TROUGH: Semiconductor Market to Grow 20.2% in 2024 to $633 Billion, According to IDCContact For more information, contact: Michael Shirer Email: press@idc.com Phone number: 508-935-4200 SAN MATEO, Calif., November 14, 2023–Intern...
4. Address and balance the semiconductor talent equation: shortages in some roles, but layoffs in others. Semi-talent was in short supply in 2022—and the shortage is expected to get even worse in 2023. Deloitte predicts that the semiconductor workforce—estimated at more than 2 million direct ...
Semiconductor Industry Outlook 2024 Size & Growth In the rapidly evolving technology landscape, the Global Semiconductor Industry anticipates a dynamic trajectory for 2024. This year's outlook delves into the intricate interplay of market forces, technological advancements, and emerging trends that pr...
As is so often the case, the memory chip market was the biggest swing factor. In 2022, memory sales were almost US$130 billion, or just under 23% of the overall chip market, but they dropped 31% (about US$40 billion) in 2023. The market is expected to get almost all of that ...
2020 to 2023 Supplementary notes * Forecast. The source calculated the semiconductor market size by application based on industry based on external research of market outlook. Open this statistic in... Spanish Citation formats Citation formatsView options ...
International Data Corp. (IDC) has upgraded its semiconductor market outlook by calling a bottom and return to growth that accelerates next year. IDC raised its September 2023 revenue outlook from $518.8 billion to $526.5 billion in a new forecast. Revenue expectations for 2024 were also raised ...
It is still unclear what the impact of the $40B worth of semiconductor equipment tools bought by China in 2023 will have on the chip making market. Obviously they are not all on line and productive, just yet. The question is, when they come on line what the impact w...
Semiconductor Assembly and Testing Service Market Outlook for 2024 to 2034 The semiconductor assembly and testing service market size is anticipated to be USD 38.42 billion in 2024. The SATS market is projected to reach USD 70.78 billion by 2034, registering a moderate CAGR of 6.30% from 2024 ...
The outlook anticipates a single-digit contraction of 9.4% in 2023, reflecting the industry’s response to ongoing challenges. Progress of the semiconductor market. Source: WSTS and SIA analysis This year’s updated market valuation is estimated at US$520 billion, and the upward trend persists....
companies are more than willing to take the plunge and make large investments, with the promise of growth in the power semiconductor market over the next decade just too strong. For those with the capital and a brave forward-looking outlook power semiconductors present a wonderful market ...