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In 2022, memory sales were almost US$130 billion, or just under 23% of the overall chip market, but they dropped 31% (about US$40 billion) in 2023. The market is expected to get almost all of that back in 2024, with sales expected to reach 2022 levels. If we exclude memory, the rest of the industry was down in 2023, but only by about 3%.
In terms of end markets, both PC and smartphone sales are expected to grow 4% in 2024, after 2023 declines of 14% and 3.5%, respectively.6 Returning to growth for these two end markets is likely important for the semi industry: In 2022, communication and computer chip sales (which include data center chips) made up 56% of overall semiconductor ...
Diverse semiconductor supply chains and labor efficiency. In 2021, the global industry produced about $275,000 in revenue per worker. But that was possible in part due to the highly clustered nature of chip manufacturing and the back end—assembly, testing, and packaging (ATP). About 80% of all chips were made in four countries in East Asia ...
Go straight to smart. Download the Deloitte Insights app. The rise of smart devices, cars, and pretty much everything else has been great for the semiconductor industry: In 2020, global sales rose 6.6% to US$440 billion 1 even as global GDP shrank 3.5%. 2 Chips are emerging in new places every day, and they’re getting only more ubiquitous.
2022 semiconductor industry outlook 2022 semiconductor industry outlook The top semiconductor issue of 2021 was the imbalance between supply and demand. This imbalance led to chip shortages that affected both traditional chip end markets, such as data centers and smartphones, and traditionally less dependent markets, such as
United States and European governments are spending over US$100 billion to grow local semiconductor production, 1 but macroeconomic factors and a shift from shortage to oversupply are near-term challenges. 2 The same global and macroeconomic uncertainties may harry the tech industry as a whole, with the potential to put manufacturing and growth ...
The industry knows an opportunity when it sees it: Semiconductor giants invested approximately $300 million in AI tools for chip design in 2023, a total expected to rise to $500 million by 2026. And 72% of the semiconductor professionals Deloitte polled in 2023 believe that GenAI’s impact on the industry will be “high to transformative.”
6. 7. Addressing the semi talent shortage and the need for specialized skills. y Signposts for the future8910About Deloitte’s outlooks Deloitte’s 2023 semiconductor industry outlook seeks to identify the strategic issues and opportunities for semiconductor companies and other parts of the semi supply chain to consider in the coming year ...
APAC Semiconductor Industry Trends. • In 2023, the global semiconductor market faced significant challenges, but we expect the market will rebound in 2024 due to the recovery of downstream demand. • Nearly half of semiconductor companies remain optimistic on future growth, believing that the Asia-Pacific market will accelerate growth in the ...
He specializes in the technology and semiconductor industries, and works closely with senior leaders and SMEs in Deloitte’s TMT practice, globally, to codevelop and write thought leadership perspectives tailored for senior industry executives. Besides publishing on Deloitte Insights, his articles have been featured on Deloitte- Wall Street ...