An IDC research report shows that the ongoing chip shortage will return to normal by the middle of next year. The main reasons for the short supply of chips are pandemic-related supply chain issues, trade sanctions and strong demand.
IoT devices continue to grow at a rapid pace, connected cars are growing in popularity, 5G-enabled smartphones are in high demand, and stocks of new gaming consoles are selling out before they even hit store shelves. Combine that with global demand for laptops, TVs, and all the other electronics we use every day, and it’s no surprise that supply is struggling to keep up.
Despite another wave of COVID-19 outbreaks caused by the Delta variant, IDC reports that semiconductor foundry capacity utilization remains close to 100% for the remainder of the year. “The semiconductor content story is intact and not only benefits semiconductor companies, but sales growth will continue in many of the markets they serve,” said Mario Morales, group vice president of enabling technologies and semiconductors at IDC. Promote good growth in the semiconductor market.”
IDC expects the chip market to grow at 17.3% this year, compared with 10.8% in 2020. Smart home chip revenue is expected to grow by 21%, and wearable device chip revenue is expected to grow by 34%. 5G chip revenue will lead the growth, expected to grow by 128%. Mobile phone chip revenue is expected to grow by 28.5%, and game console chip revenue will grow by 34%. Overall, IDC predicts that the chip market will reach $600 billion by 2025.
Trefwoorden: relay control module
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