Global semiconductor revenue expected to grow 19.7% in 2017, says Gartner

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Global semiconductor revenue expected to grow 19.7% in 2017, says Gartner:

According to new Forcast which released by Gartner this week, that Global semi conductor revenue is expected to reach at the milestone fo $ 411.1 billion in 2017. As a result, the sector reaches a amount of 20% increase, which is 19.7% greater number comparing with last year progress. The highest growth since the recovery of financial crisis in 2010, when revenue from the segment skyrocketed 31.8%.

According to Gartner Research Director Jon Erensen sais in his statement“The memory industry continues to lead the semiconductor market more strongly and is expected to grow by 57 percent by 2017 as demand and supply dynamics drive up prices. Memory shortages, in particular DRAM (a type of memory RAM), is driving increased semiconductor revenue”.

Next years:

In 2018, the semiconductor company market is expected to post a greater modest growth of 4 percent, with reach a total number revenue of $ 427.8 billion, according to Gartner points out.

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