Global Semiconductors Industry Report 2019: Sales are Expected to Keep Growing to Cross US$572 Billion by the End of 2022
DUBLIN, Aug. 14, 2019 /PRNewswire/ -- The "Analyzing the Global Semiconductors Industry 2019" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Aug. 14, 2019 /PRNewswire/ -- The "Analyzing the Global Semiconductors Industry 2019" report has been added to ResearchAndMarkets.com's offering.
- The year 2019 is a year of contraction for the global semiconductor industry, especially surrounded by intense economic uncertainties stemming from the US-China trade war.
- However, from 2020, the industry is again poised for strong growth as artificial intelligence (AI) is rapidly adding to global demand.
- In 2018, global semiconductor sales stood at a total of US$ 481 billion, and over the coming four years, sales are expected to keep growing (albeit at a slower rate) to cross US$572 billion by the end of 2022.