At 26%, the 2021 IC market is forecast to log its highest growth rate since 2010.
IC Insights proudly celebrates its 25th anniversary by offering the 2022 edition of The McClean Report service. The McClean Report service begins with the Semiconductor Industry Flash Report, which will be released in January of next year, and will provide clients with IC Insights’ initial overview and annual forecast of the semiconductor industry for the upcoming year and through 2026. In addition to the Flash Report, Quarterly Updates to the report will be released in February, May, August, and November of 2022.
Figure 1 shows the 1Q/4Q IC market direction indicator that IC Insights developed 24 years ago. The figure is labeled as a “direction indicator” because the actual 1Q/4Q change does not directly forecast the eventual annual IC market growth for a given year, but instead more accurately describes the expected direction and intensity of the annual IC market growth rate as compared to the previous year. For example, 2017 showed 0% 1Q/4Q growth and 25% annual IC market growth, whereas 2011 displayed 1% 1Q/4Q growth but a full year IC market growth rate of only 1%, the difference being the 1Q/4Q change as compared to the previous year’s 1Q/4Q change.
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