Global semiconductor market to rebound with 13% growth in 2024, says WSTS
The global semiconductor market faces a projected decline in 2023, with significant regional disparities, yet anticipates a robust rebound in 2024 driven primarily by memory sector growth. This forecast highlights the cyclical nature of hardware demand, emphasizing that while current segments struggle, the industry is poised for substantial recovery next year. This data is relevant to open data efforts as it provides critical baseline metrics for tracking economic health and technology supply chains, enabling better policy-making and market transparency for developers analyzing global trends.
Source: digitimes.comPublished on 2023-12-05