Auto IC segment to show fastest future growth but still hold less than a 10% share in 2023.

IC Insights will release its June Update to the 2019 McClean Report later this month.  This Update includes a 2017-2023 IC database that segments the actual 2017 and 2018 and forecasted 2019-2023 IC market by major product type by Consumer, Auto, Computer, Industrial, Communications, and Government/Military end-use applications in the Americas, Europe, Japan, and Asia-Pacific regions.

Over the past 20 years, the communications IC segment almost doubled its share of the total IC market from 18.5% in 1998 to 36.4% in 2018 (Figure 1).