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IDC forecasts semiconductor revenue growth of 7.7%, reaching $450 billion in 2018.
May 23, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
After strong year-over-year growth of 24% in 2017, worldwide semiconductor revenue is forecast to grow for the third consecutive year in 2018 to $450 billion, up 7.7% over 2017, according to a new Semiconductor Applications Forecaster (SAF) from International Data Corporation (IDC). The SAF also forecasts that semiconductor revenues will log a compound annual growth rate (CAGR) of 2.9% from 2017-2022, reaching $482 billion in 2022. The overall memory market was the key story of last year, du...
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