GSA tracks semiconductor sales forecasts from industry analysts to provide an early snapshot of how analysts predict the market will finish at year-end including periodic updates as analysts revise their forecasts throughout the year.

Company 2023 Forecasted Growth As of
Gartner 3.6% Apr 2022
Future Horizons -23.0% May 2022
Company 2022 Forecasted Growth As of
Deloitte 10.0% May 2022
Future Horizons 10.0%

6.0%

 Jan 2022

May 2022
Gartner 9.0%

13.6%

 Oct 2021

Apr 2022
IC Insights 11.0% Jan 2022
IDC 4.0% Sep 2021
Semico Research 5.9% Feb 2022
Semiconductor Intelligence 15.0% Feb 2022
WSTS 10.4% Mar 2022
Company 2021 Forecasted Growth As of
Cowan LRA 4.8%

5.0%

4.4%

4.1%

 Mar 2020

Apr 2020

Oct 2020

Dec 2020
Future Horizons 18.0% Dec 2020
Gartner 9.5%

26.9%

26.3%

 Oct 2020

Oct 2021

Apr 2022
IC Insights 10.0%

26.0%

 Dec 2020

Dec 2021
IDC 17.3% Sep 2021
IHS Markit 9.6% Jan 2020
Semiconductor Intelligence 8.0%

8.0%

14.0%

24.5%

 Feb 2020

Aug 2020

Nov 2020

Nov 2021
UBS 12.0% Dec 2020
WSTS 6.3%

6.2%

8.4%

25.6%

 Dec 2019

June 2020

Dec 2020

Nov 2021
Year Semiconductor Revenue ($B) YoY Growth
1994 $101.o8 32.2%
1995 $144.4 41.8%
1996 $131.9 -8.7%
1997 $137.2 4.0%
1998 $126.6 -7.7%
1999 $149.4 18.0%
2000 $204.4 36.8%
2001 $138.9 -32.0%
2002 $140.8 1.4%
2003 $166.4 18.2%
2004 $213.0 28.0%
2005 $227.5 6.8%
2006 $247.7 8.9%
2007 $275.2 11.1%
2008 $243.0 -11.7%
2009 $235.2 -3.2%
2010 $315.5 34.1%
2011 $314.7 -0.3%
2012 $289.0 -8.2%
2013 $318.5 10.2%
2014 $339.4 6.6%
2015 $320.6 -5.5%
2016 $336.0 4.8%
2017 $419.0 24.7%
2018 $457.9 9.3%
2019 $412.3 -10.0%
2020 $464.0 12.5%
2021 $556.0 19.8%
2022F $613.5 10.3%