Chip market to top $500m

PCs and servers grew 17.3% year over year to $160 billion in 2020.

“Mobile phone shipments fell by more than ten percent in 2020, but mobile phone Semiconductor revenues grew by 9.1% due to a shift to higher priced 5G semiconductors, more memory per phone, sensors, and RF support for more spectrum bands,” says IDC’s Phil Solis, “2021 will be an especially important year for semiconductor vendors as 5G phones capture 34% of all mobile phone shipments while semiconductors for 5G phones will capture nearly two thirds of the revenue in the segment.”

The Consumer semiconductor market segment rebounded in 2020. Robust sales of game consoles, tablets, wireless headphones and earbuds, smart watches, and OTT streaming media devices fueled segment growth by 7.7% year over year to $60 billion,”  says IDC’s Rudy Torrijos.

“Automotive sales recovered in the second half of 2020, but the supply constraints for the automotive semiconductor market for some products will last through 2021 as fires and fab shutdowns further impacted the automotive semiconductor market and it takes time for chips to move through the automotive ecosystem, specifically in the U.S. and Europe,” says IDC’s Nina Turner. For 2021, IDC forecasts that automotive semiconductor revenue will grow 13.6%.