IC Insights, Inc.
IC Insights forecasts that 2014 will continue the integrated circuit industry cyclical upturn that began in 2013. This cyclical upturn is expected to gain momentum over the next several years, resulting in a 6.4% IC market CAGR over the 2013-2018 time period, which would be more than 3x the 1.7% CAGR the IC market displayed from 2007-2012. Moreover, IC unit volume shipments are forecast to register a 2013-2018 CAGR of 7.1%, much better than the 4.0% CAGR shown in the 2007-2012 time period.
Although a high level of uncertainty still looms over the global economy, sales of smartphones and tablet PCs continue to soar. IC Insights will present its forecast for the IC market and unit volume shipments in the context of the IC industry cycle model. In order to make sense out of the current turmoil, a top-down analysis of the IC market will be given and include trends in worldwide GDP growth, electronic system sales, and semiconductor industry capital spending and capacity.