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
BofA Securities -4.0% SEP 2022
Future Horizons

-23.0%

-22.0%

MAY 2022

SEP 2022

Gartner

3.6%

-2.5%

-3.6%

APR 2022

JUL 2022

NOV 2022

IC Insights -5.0% DEC 2022
IDC 6.0% AUG 2022
Semiconductor Intelligence

3.0%

-14.0%

JUN 2022

NOV 2022

TechInsights

-2.0%

-16.8%

AUG 2022

DEC 2022

WSTS

5.1%

4.6%

-4.1%

JUN 2022

AUG 2022

NOV 2022

Company 2022 Forecasted Growth As of
BofA Securities

9.5%

2.0%

JUN 2022

SEP 2022

Cowan LRA Model

16.2%

12.1%

8.1%

JUN 2022

SEP 2022

NOV 2022

Databeans

7.0%

5.0%

OCT 2022

DEC 2022

Deloitte 10.0% MAY 2022
Future Horizons

10.0%

6.0%

4.0%

JAN 2022

MAY 2022

SEP 2022

Gartner

9.0%

13.6%

7.4%

4.0%

OCT 2021

APR 2022

JUL 2022

NOV 2022

IC Insights

11.0%

11.0%

7.0%

3.0%

JAN 2022

JUN 2022

AUG 2022

DEC 2022

IDC

4.0%

13.7%

9.7%

SEP 2021

JUN 2022

AUG 2022

Semico Research 5.9% FEB 2022
Semiconductor Intelligence

15.0%

9.0%

1.5%

FEB 2022

JUN 2022

NOV 2022

TechInsights

14.0%

8.0%

5.9%

JUL 2022

AUG 2022

DEC 2022

WSTS

10.4%

16.3%

13.9%

4.4%

MAR 2022

JUN 2022

AUG 2022

NOV 2022

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%