Worldwide semiconductor market is predicted to grow further in both 2014 and 2015

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As published on WSTS’s website, worldwide semiconductor market is forecasted to be up 4.1% to US$ 317 billion in 2014 surpassing historical high of US$ 300 billion registered in 2011. For 2015, the market is forecasted to be US$ 328 billion, up 3.4%. All product categories and regions are forecasted to grow positively in each year, with the assumption of macroeconomy recovery throughout the forecast period. By end market, wireless and automotive are expected to grow faster than total market, while consumer and computer are assumed to remain stagnant. In December 2013 WSTS forecasted that the world semiconductor market in 2013 arrives at US$ 304 billion, up 4.4% from 2012.