Unit growth returns to the long-term growth rate after an enormous 22% surge in 2021.
IC Insights’ May 2Q Update to The McClean Report 2022 will be released next month. In the 2Q Update, IC Insights forecasts worldwide IC unit shipments will increase 9.2% this year to 427.7 billion units and resume tracking with the long-term IC unit compound annual growth rate (CAGR) of 9.4%. The 9.2% gain anticipated this year follows the large, 22% increase experienced during the economic recovery of 2021—the largest increase in IC unit growth since the boom year of 2010.