The top ten IC market segments by growth

IC Insights has forecasted the top IC chip product categories by growth in 2014. The findings shared by IC Insights includes: Tablet MPUs, DRAM, and Cellphone Application MPUs, are forecast to exceed the 7% growth rate forecast for the total IC market this year, with seven of the ten categories forecast to enjoy double-digit growth. The number of IC product categories with positive growth in 2014 is expected to increase to 19 from 15 in 2013. Consumer-driven mobile media devices, particularly smartphones and tablet computers, are forecast to keep the Tablet MPU (35%) and Cellphone Application MPU (19%) segments at or near the top of the growth list for the fourth consecutive year. Other IC categories that support mobile systems including NAND flash (12%) and Display Drivers (10%) are expected to enjoy better-than-industry-average growth in 2014, as well. In 2013, the volatile DRAM market reappeared among the top-growing IC markets with 32% growth due to a big jump in the DRAM average selling price (ASP). DRAM average selling prices are forecast to show another big increase again in this year, propelling the DRAM market to a 23% increase, the second-fastest growing IC product segment in 2014, according to the forecast. Demand for medical/health electronics systems and the growth in connectivity using the Internet will help the markets for Industrial/Other Applicatio...