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 | 2024 Forecasted Growth | As of |
|---|---|---|
| Deloitte | 16.2% | MAR 2023 |
| Gartner | 18.5% | APR 2023 |
| Oxford Economics | 5.1% | JUN 2023 |
| Semiconductor Intelligence | 11.0% | AUG 2023 |
| TechInsights | 10.0% | JUL 2023 |
| WSTS | 11.8% | JUN 2023 |
| Company | 2023 Forecasted Growth | As of |
|---|---|---|
| BofA Securities | -4.0% | SEP 2022 |
| Cowan LRA Model | -12.7%
-12.3% |
MAY 2023
AUG 2023 |
| Deloitte | -6.5% | MAR 2023 |
| Deutsche Bank | -10.0% | FEB 2023 |
| EY | -4.0% | FEB 2023 |
| Future Horizons | -23.0%
-22.0% -22.0% -20.0% |
MAY 2022
SEP 2022 JAN 2023 MAY 2023 |
| Gartner | 3.6%
-2.5% -3.6% -11.2% |
APR 2022
JUL 2022 NOV 2022 APR 2023 |
| IC Insights | -5.0% | DEC 2022 |
| IDC | 6.0%
-5.3% |
AUG 2022
FEB 2023 |
| McKinsey | -3.5% | APR 2023 |
| Objective Analysis | -19.0% | JAN 2023 |
| Omdia | -8.0% | MAR 2023 |
| Oxford Economics | -16.9% | JUN 2023 |
| Research and Markets | 7.9% | APR 2023 |
| Semiconductor Intelligence | 3.0%
-14.0% -12.0% -15.0% -13.0% |
JUN 2022
NOV 2022 FEB 2023 MAY 2023 AUG 2023 |
| Synovus | -2.6% | FEB 2023 |
| TechInsights | -2.0%
-16.8% -10.0% |
AUG 2022
DEC 2022 JUL 2023 |
| TSMC | -4.0%
-4.0% |
JAN 2023
APR 2023 |
| WSTS | 5.1%
4.6% -4.1% -10.3% |
JUN 2022
AUG 2022 NOV 2022 JUN 2023 |
| Year | Semiconductor Revenue ($B) | YoY Growth |
|---|---|---|
| 1994 | $101.1 | 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 | $299.9 | -4.7% |
| 2013 | $315.4 | 5.2% |
| 2014 | $340.3 | 7.9% |
| 2015 | $334.9 | -1.6% |
| 2016 | $343.5 | 2.6% |
| 2017 | $421.7 | 22.8% |
| 2018 | $476.2 | 12.9% |
| 2019 | $422.3 | -11.3% |
| 2020 | $470.9 | 11.5% |
| 2021 | $595.0 | 26.4% |
| 2022 | $599.6 | 0.8% |
| 2023F | $532.2 | -11.2% |
| 2024F | $630.9 | 18.5% |