First three-year period of double-digit gains in 25 years, based on IC Insights’ forecast.
IC Insights has updated and released its comprehensive forecast and analysis of the worldwide semiconductor industry in its January Semiconductor Industry Flash Report, which is included as part of the 2022, 25th edition of The McClean Report service.
The report forecasts that the IC market will rise 11% this year following a strong 26% increase in 2021 and a 13% jump in 2020 (Figure 1). If achieved, it would mark the first time in 25 years that the IC market has enjoyed three consecutive years of double-digit growth. The previous time such an increase occurred was the four-year period from 1992-1995. Figure 1 highlights years when IC market growth exceeded 25%.
