Semiconductor Revenues Grew 25.7% in 2021; 2022 Forecast is up 5.9%

Thanks to industry– and supply-chain-wide shortages, semiconductor market revenues in 2021 reached almost $560 billion, breaking the $500 barrier by a wide margin and only five years after the industry broke $400 billion for the first time. Revenue growth was 25.7%, only the sixth time we’ve seen double-digit percentage growth in the past twenty years.

Unit shipments broke records as well; units broke the trillion mark for only the second time (the other year was 2018) to finish at almost 1.15 billion for the year. This was an increase of 20.2%, up substantially over the 2.3% growth we saw in 2020....

In this issue:
P1: IPI and Market Update
P3: Market Outlook as COVID-19 Enters Its Third Year!
P6: ASIC Market Revenues Moderate for 2022 and Slightly Lower for 2023
P17: Sensor Revenues Grow 28% in 2021 to Over $19 Billion
P20: Memory Will Lead the Pack for Another Year
P24: Forecast Tables
P35: Shipments, Orders

For information on how to access the complete report contact:
Rick Vogelei
(480) 435-8564
rickv@semico.com