A couple of weeks ago, the industry was buzzing about the $468.8 billion in semiconductor sales for 2018, along with significant percent growth over the previous year, but let’s take a moment to look at this number: 1.004 t
For the first time ever in one year, over one trillion semiconductor units were shipped, according to the Semiconductor Industry Association (SIA).
“Global demand for semiconductors reached a new high in 2018, with annual sales hitting a high-water mark and total units shipped topping 1 trillion for the first time,” said John Neuffer, SIA president and CEO. “Market growth slowed during the second half of 2018, but the long-term outlook remains strong. Semiconductors continue to make the world around us smarter and more connected, and a range of budding technologies – artificial intelligence, virtual reality, the Internet of Things, among many others – hold tremendous promise for future growth.”
Back in 1998, according to data from the World Semiconductor Trade Statistics organization (WSTS) the total number of semiconductor units sold was just 257 billion.
According to SIA, there is a healthy demand in place and annual semiconductor unit sales look like they will continue to grow.
The WSTS forecasts global semiconductor revenue to rise by 2.6% YoY in 2019.
“For 2019, all regions are forecasted to grow with the overall market up 2.6%, with Optoelectronics contributing the highest growth followed by Sensors and Discretes.”WSTS Market Forecast