Gartner Says Worldwide Semiconductor Revenue to Reach $411 Billion in 2017
Memory Continues to Drive Semiconductor Growth in 2017
STAMFORD, Conn., October 12, 2017 -- Worldwide semiconductor revenue is forecast to total $411.1 billion in 2017, an increase of 19.7 percent from 2016, according to Gartner, Inc. This represents the strongest growth since the 2010 recovery from the financial crisis when revenue increased by 31.8 percent.
"Memory continues to lead the semiconductor market higher and is expected to increase 57 percent in 2017 as supply and demand dynamics increase prices. A shortage of memory, and in particular DRAM, is driving semiconductor revenue higher," said Jon Erensen, research director at Gartner. "Strength is spreading to other semiconductor categories as well with nonoptical sensors, analog, discretes and image sensors all forecast to grow over 10 percent in 2017.
"Higher memory costs and component shortages are cause for concern as we enter the fourth quarter," said Mr. Erensen. "Memory is driving the bill-of-materials cost higher across electronic equipment categories and we are starting to see increased costs get passed on by OEMs through higher pricing."
The semiconductor market is expected to increase 4 percent in 2018 and reach $427.4 billion. Gartner forecasts the market to decline 1 percent in 2019 as the memory market turns with leading vendors adding new supply.
Gartner clients can learn more about the outlook for the semiconductor market in "Semiconductor Forecast Database, Worldwide, 3Q17 Update."
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner's comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 13,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit www.gartner.com.
|
Related News
- Gartner Says Worldwide Semiconductor Revenue to Reach $400 Billion in 2017
- Gartner Says Worldwide Semiconductor Revenue Grew 1 Percent to Reach $302 Billion in 2011
- Gartner Says Worldwide Semiconductor Sales Expected to Reach $348 Billion in 2015, a 2.2 Percent Increase From 2014
- Gartner Says Worldwide Semiconductor Sales Expected to Reach $354 Billion in 2015, a 4 Percent Increase from 2014
- Gartner Says Worldwide Semiconductor Sales Expected to Reach $358 Billion in 2015, a 5.4 Percent Increase From 2014
Breaking News
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows
- TSMC Reports First Quarter EPS of NT$8.70
- Brisbane Silicon publishes DPTx 1.4 IP Core
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
Most Popular
- U.S. Subsidy for TSMC Has AI Chips, Tech Leadership in Sight
- Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
- Zhuhai Chuangfeixin: OTP IP Based on 90nm CMOS Image Sensor Process Technology Successfully Mass Production
- Silvaco Announces Expanded Partnership with Micron Technology
- OPENEDGES Unveils ENLIGHT Pro: A High-Performance NPU IP Quadrupling its Previous Generation's Performance
E-mail This Article | Printer-Friendly Page |