Global semiconductor revenues to reach $303 billion in 2011
The research firm said that worldwide semiconductor revenues will grow five percent year-over-year in 2012 and will achieve a compound annual growth rate (CAGR) of six percent for the 2010-2015 forecast period.
In 2012, most of the revenues in the semiconductor area will come from the PC replacement cycle as more customers are expected to look for upgradations such as adoption of Windows 7 and Sandy Bridge and Fusion APU, which were launched by Intel and AMD in 2011.
At the same time, increased encroachment of media tablets into the mobile PC market will slow semiconductor growth in the computing segment.
Rise in smartphone sales, telecom spending and improvement in automotive & industrial segments will also enable the semiconductor market to surge during the forecasted period 2010-2015.
Although there is high growth in semiconductor revenues from media tablets, e-readers, and LED/LCD TV sets, continued declines in traditional consumer devices, such as DVD players and fixed game consoles, will result in tepid semiconductor revenue growth of 5 percent year- over- year (2012) and CAGR (2010-2015) for the Consumer segment.
Mali Venkatesan, research manager of semiconductors at IDC, said: â€œOverall, IDC continues to reaffirm the forecast and views expressed in its end-year SAF update published in December 2010. But, IDC also cautions that continued macroeconomic problems, such as persistent high unemployment with the associated low consumer sentiment in the US, the ongoing sovereign debt crisis, especially in Europe and US, fear of recession in US and Japan in 2012, and fear of high inflation in China, India, and Brazil, will likely impact semiconductor market negatively in 2012.
â€œBut long-term secular growth driven by end applications such as smart phones, media tablets, mobile PCs, set top boxes, LCD TVs, wired networks, industrial automation, and automotive infotainment remains strong.â€
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