Semiconductors: expected growth by +3.3% in 2020

Image by Dmitry Steshenko from Pixabay

The World Semiconductor Trade Statistics (WSTS) expects the world semiconductor market to be up by 3.3 percent to US$ 426 billion in 2020. This reflects an expected increase in Integrated Circuits, except Analog, with a growth from Memory at 15 percent, followed by Logic with 2.9 percent. In 2020, Americas and Asia Pacific are expected to grow. For 2021, the global semiconductor market is projected to increase by 6.2 percent, driven by double-digit growth of Memory. All regions are expected to show a positive growth rate.