The Global semiconductor marketTotal sales of US$336 billion in 2014 saw the global semiconductor industry once again achieve record sales, growing 9.9% over 2013’s record US$306 billion. Several semiconductor application markets stood out in 2014. Data processing was the largest market by sales, reaching US$134 billion in 2014, a 12.8% increase from 2013. The communications and automotive markets have shown particular strengths, driving growth in 2014 which is expected to continue in coming years. Annual sales in almost all regions have shown sustained growth, with Asia-Pacific continuing to grow in importance. In terms of installed semiconductor components, logic integrated circuits (ICs) was the largest category, with sales reaching US$90 billion in 2014, a 6% year-on-year increase. Memory was the fastest growing category, seeing an 18.2% annual increase. Another remarkably fast-growing category was sensors, achieving sales of US$9 billion in 2014, an 8.2% annual increase. We expect sensors to see the highest growth rate, with a CAGR of 10.4% from 2014 to 2019 |
The Internet of Things or IoT is regarded as a disruptive technology and a game changer. The IoT (Internet of Things) will be defined by the exponential growth of web-enabled “things” that measure, monitor and control the physical world, interacting with each other. |