Monday, November 1, 2021
Opportunities and Challenges Within the Global Electronics and Semiconductor Industries During the Next Five to Ten Years
The digitization of society along with the increasing impact of AI is resulting in many high growth opportunities within the semiconductor industry. The semiconductor market is projected to be $1.2 trillion in 2030, with processors, memory devices, sensors, and other products experiencing strong demand. There is also accelerating growth of the electronics and semiconductor industries in China where the political conflicts with the U.S. continue to be at high levels.
Cost of participation in advanced technologies is increasing which requires financial returns within the semiconductor industry ecosystem to be very high. The potential rewards are high, but the cost of failure within the global ecosystem will also be high.