Worldwide semiconductor market to grow by 17.3% in 2021, predicts IDC

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Semiconductor market to grow by 17.3%



The semiconductor market is expected to grow by 17.3% in 2021 versus 10.8% in 2020. The industry will see normalization and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022 as per IDC. The growth is driven by mobile phones, notebooks, servers, automotive, smart home, gaming, wearables, and Wi-Fi access points, with increased memory pricing. IC shortages are also expected to continue easing through 4Q21 as capacity additions accelerate. The report further states, 5G semiconductor revenues will increase by 128 per cent, with total mobile phone semiconductors expected to grow by 28.5 per cent. Game consoles, smart home, and wearables will grow 34 per cent, 20 per cent and 21 per cent, respectively. Whereas, the automotive semiconductor revenues will also increase by 22.8 per cent as shortages are mitigated by year-end. Notebook semiconductor revenues will grow by 11.8 per cent, while X86 Server semi revenues will increase by 24.6 per cent.



Despite the current Covid-19 wave, consumption remains healthy. IDC reports that dedicated foundries have been allocated for the rest of the year, with capacity utilization at nearly 100%. Front-end capacity remains tight but fabless suppliers are getting the production they need from their foundry partner. Front-end manufacturing is starting to meet demand in 3Q, however, larger issues and shortages will remain in back-end manufacturing and materials. The industry will see normalisation and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022. Overall, IDC predicts the semiconductor market to reach USD 600 billion by 2025 - representing a CAGR of 5.3 per cent through the forecast period. This is higher than the ty.

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  • Watch Worldwide semiconductor market to grow by 17.3% in 2021, predicts IDC Video
    Worldwide semiconductor market to grow by 17.3% in 2021, predicts IDC

    #PMModi #AmericanCEOs #Gupshup

    Semiconductor market to grow by 17.3%



    The semiconductor market is expected to grow by 17.3% in 2021 versus 10.8% in 2020. The industry will see normalization and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022 as per IDC. The growth is driven by mobile phones, notebooks, servers, automotive, smart home, gaming, wearables, and Wi-Fi access points, with increased memory pricing. IC shortages are also expected to continue easing through 4Q21 as capacity additions accelerate. The report further states, 5G semiconductor revenues will increase by 128 per cent, with total mobile phone semiconductors expected to grow by 28.5 per cent. Game consoles, smart home, and wearables will grow 34 per cent, 20 per cent and 21 per cent, respectively. Whereas, the automotive semiconductor revenues will also increase by 22.8 per cent as shortages are mitigated by year-end. Notebook semiconductor revenues will grow by 11.8 per cent, while X86 Server semi revenues will increase by 24.6 per cent.



    Despite the current Covid-19 wave, consumption remains healthy. IDC reports that dedicated foundries have been allocated for the rest of the year, with capacity utilization at nearly 100%. Front-end capacity remains tight but fabless suppliers are getting the production they need from their foundry partner. Front-end manufacturing is starting to meet demand in 3Q, however, larger issues and shortages will remain in back-end manufacturing and materials. The industry will see normalisation and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022. Overall, IDC predicts the semiconductor market to reach USD 600 billion by 2025 - representing a CAGR of 5.3 per cent through the forecast period. This is higher than the ty

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    - Co-founder & CFO: Sunil Sharma
    - Brand Communication Head: Diveeja Sharma
    - Head of Post Production: Bhasker Pandey
    - Legal Advisor: Vishal Taneja

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