WSTS: 10.3% drop in global semiconductor revenue, SIA report 0.3% up in Mar 23
WSTS forecasted global semiconductor market to see a downturn of 10.3 % in 2023 to reach US$515 billion and also estimate a growth of 11.9% in 2024.
Other finding by WSTS: Although two primary categories, Discrete and Optoelectronics, are predicted to sustain single-digit year-over-year growth in 2023, at 5.6 % and 4.6 % respectively, other categories are anticipated to shift into negative growth. This includes Memory, which is forecasted to decline by approximately 35 % year over year. For the year 2023, the European and Japanese markets are projected to experience growth, with respective increases of 6.3 and 1.2 %. Conversely, the remaining regions are anticipated to face a downturn, with the Americas expected to decline by 9.1% and the Asia Pacific region by 15.1 %. Looking ahead to 2024, the global semiconductor market is forecasted to surge by 11.8 %, amounting to US$576 billion. This expansion is anticipated to be primarily driven by the Memory segment, which is projected to recover to US$120 billion in 2024, marking an over 40 % increase compared to the previous year. Nearly all other key categories, including Discrete, Sensors, Analog, Logic, and Micro, are projected to exhibit single-digit growth. In terms of regional perspectives, all areas are expected to see sustaine...
Other finding by WSTS: Although two primary categories, Discrete and Optoelectronics, are predicted to sustain single-digit year-over-year growth in 2023, at 5.6 % and 4.6 % respectively, other categories are anticipated to shift into negative growth. This includes Memory, which is forecasted to decline by approximately 35 % year over year. For the year 2023, the European and Japanese markets are projected to experience growth, with respective increases of 6.3 and 1.2 %. Conversely, the remaining regions are anticipated to face a downturn, with the Americas expected to decline by 9.1% and the Asia Pacific region by 15.1 %. Looking ahead to 2024, the global semiconductor market is forecasted to surge by 11.8 %, amounting to US$576 billion. This expansion is anticipated to be primarily driven by the Memory segment, which is projected to recover to US$120 billion in 2024, marking an over 40 % increase compared to the previous year. Nearly all other key categories, including Discrete, Sensors, Analog, Logic, and Micro, are projected to exhibit single-digit growth. In terms of regional perspectives, all areas are expected to see sustaine...
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