Market News

SCOTTSDALE, AZ – After dropping 15% in 2019, the worldwide IC market is expected to show single-digit growth in 2020, even with the disastrous effects of Covid-19 on the global economy, according to IC Insights.

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MILPITAS, CA – Global semiconductor manufacturing equipment sales by OEMs are projected to increase 6% year-over-year to $63.2 billion in 2020 before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, SEMI said.

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FRANKFURT – The Covid-19 crisis has hit the German electronics industry hard in recent months, says ZVEI, but the mood has turned up of late as companies show signs of a rebound.

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SELBYVILLE, DE – The electronic skin market is expected to grow from $6 billion in 2019 to $16 billion by 2026, according to Global Market Insights.

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STAMFORD, CT – Worldwide PC shipments totaled 64.8 million units in the second quarter, a 2.8% increase year-over-year, according to Gartner. After a significant decline in the first quarter due to Covid-19-related supply-chain disruptions, the PC market returned to growth as vendors restocked their channels and mobile PC demand increased.

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STAMFORD, CT – Worldwide IT spending is projected to total $3.5 trillion in 2020, a decline of 7.3% from 2019, according to Gartner. While the global economy is expected to witness a “swoosh” recovery, IT spending will experience more of a “swoop” recovery, the firm says.

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