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2023 semi market to fall 3.6% says Gartner

November 29, 2022


“The short-term outlook for semiconductor revenue has worsened,” says Gartner vp Richard Gordon, “rapid deterioration in the global economy and weakening consumer demand will negatively impact the semiconductor market in 2023.”

Global semiconductor revenue is forecast to total $596 billion in 2023

Gartner sees a polarisation in the semiconductor market between the consumer-driven markets and enterprise-driven markets.

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