Richard Gordon, Gartner_IT analyst, estimates that global semiconductor revenue will grow 7.4% in 2022, down from the previous quarter’s forecast of 13.6% growth in 2022. Read more here IT
after recording growth in 2020 and 2021. Semiconductor revenue from PCs is estimated to record a decline of 5.4% in 2022. Semiconductor revenue from smartphones is on pace to slow to 3.1% growth in 2022, compared to 24.5% growth in 2021.
From an enterprise perspective, inventories are recovering rapidly, lead times are beginning to shorten, and prices are starting to weaken. “The semiconductor market is entering an industry down cycle, which is not new, and has happened many times before,” said Gordon. "While the consumer space will slow down, semiconductor revenue from the data center market will remain resilient for longer due to continued cloud infrastructure investment.
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