Global Semiconductor Industry Outlook 2022

The 17th annual KPMG Global Semiconductor Industry Outlook features key findings from a survey of 152 semiconductor professionals and was conducted in conjunction with the Global Semiconductor Alliance. Industry confidence for 2022 is at an all-time high. This is despite production capacity constraints that most industry insiders feel will cause the chip shortage to extend into 2023. In order to better meet future demand, the majority (53%) of semiconductor leaders say their organization has moved toward being more oriented by specific end market. They see the top three drivers of semiconductor growth over the next year to be wireless communications, automotive, and Internet of Things. Looking farther out, executives name talent development/retention, supply chain flexibility, and M&A as their top three strategic priorities over the next three years.