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Eclipse Classic 64-bit
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The world market of semiconductor products will show growth at the end of the year
The Semiconductor Industry Association (SIA) presented fresh statistics on the global semiconductor market, as well as published a preliminary estimate of the industry volume for the outgoing year as a whole.
It is reported that in October 2021, semiconductor products worth $ 39.0 billion were sold globally. This is 6.0% more compared to October last year, when the market volume was $ 36.8 billion. Compared to September of this year ($ 37.9 billion), the growth was at the level of 3.1%.
It is noted that the market has shown the most significant growth since March. Thus, the industry continues to grow despite the pandemic and difficult economic conditions in many regions.
The Semiconductor Industry Association believes that the dynamics at the end of 2021 as a whole will also be positive: the market, according to analysts, will demonstrate 5.1 percent growth. As a result, the total revenue of suppliers will reach $ 433.1 billion against $ 412.3 billion in 2021.
Next year the market volume will increase by another 8.4%. If this forecast comes true, shipments of semiconductor products will amount to $ 469.5 billion in monetary terms.