The semiconductor market is expected to grow 17.3% in 2021 and begin to return to normal in 2022

The semiconductor market is expected to grow 17.3% in 2021 and begin to return to normal in 2022
The difficult time of shortage of raw materials for the manufacture of electronic products should be alleviated this year, according to a study by IDC (International Data Corporation). An increase in the semiconductor market of 17.3% is expected, reaching its maximum capacity in 2023.

Growth in this market last year was 10.8% and, before reaching the growth peak in 2023, a “normalization and equilibrium” is expected by mid-2022. The expected growth for 2023 should occur by the end of next anus.

This growth is attributed to mobile phones, laptops, servers, the automotive industry, smart homes, games (consoles), handheld devices, and Wi-Fi access points. The shortage of integrated circuits is expected to continue to decline in the last quarter. of this year.

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We will have an increase in RAM prices

The study also predicts an increase in RAM prices, as other studies have already noted. One of the causes may be the high demand for the component in computers and especially in cell phones that are equipped with more and more storage and RAM.

Even amid the pandemic, the survey says “consumption remains healthy.” Factories are expected to keep their jobs at 100% for the remainder of this year. While partners must have their products in stock by manufacturers, the shortage of materials is expected to persist this quarter.

According to IDC, semiconductor revenue for 5G technology will increase by 128%, while semiconductor for mobile phones should grow by 28.5%. Consoles should see an interesting 34% increase, while smart homes and wearable devices should see an increase of 20% and 21% respectively.

Laptop revenues will increase 11.8% and X86 servers will grow 24.6%. These increases are expected for this year.

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The semiconductor industry is expected to reach $ 600 billion in revenue by 2025.


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