According to a recent release issued by Esia, the worldwide semiconductor market is expected to increase 3.3% in 2020, accelerating to 6,2 % in 2021
WSTS expects the world semiconductor market to be up by 3.3% to US$ 426 billion in 2020(with an increase of 3,3% from the previous year).
This reflects expected increase in integrated circuits, except analog, with an increase from memory segment (+15.0%) followed by logic (+2,9%).
At a regional level, in 2020, the Americas and Asia Pacific are expected to grow. A decline is expected in Europe (-4,1%) and Japan (-4,4%).
Worldwide semiconductor market growth is expected to accelerate in 2021
For 2021, the global semiconductor market is projected to grow by 6.2%, driven by double-digit growth of memory, follewed by integrated circuits (+6,3%), optoelectronics (+6,1%) and analog (+5,9).
All regions are expected to show a positive growth rate. In Europe, the semiconductor market will be up to 5,8%