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Insights Semiconductor

Global semiconductor revenue to decline by 3.6% in 2023

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated
Global semiconductor revenue to decline by 3.6% in 2023
Photo by 卡晨 / Unsplash

Global semiconductor revenue is projected to decline by 3.6% in 2023, according to the latest forecast from Gartner.

In 2022, the global semiconductor market which is on pace to grow 4% and total $618 billion is now expected to total $596 billion in 2023, down from the previous forecast of $623 billion.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated

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