Semiconductor Content in an Electronic System will reach 28.1% in 2017, says IC Insights

Jul. 13, 2017 – 

IC Insights forecasts that the 2017 global electronic systems market will grow by only 2% to $1,493 billion while the worldwide semiconductor market is expected to surge by 15% this year to $419.1 billion.

Moreover, IC Insights forecasts that the total semiconductor market will exceed $500.0 billion four years from now in 2021. If the 2017 forecasts come to fruition, the average semiconductor content in an electronic system will reach 28.1%, an all-time record.

Historically, the driving force behind the higher average annual growth rate of the semiconductor industry as compared to the electronic systems market is the increasing value or content of semiconductors used in electronic systems.

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