What is the 2021 KPMG Global Semiconductor Industry outlook?

Date:2023-01-06
The 2021 KPMG Global Semiconductor Industry outlook forecasts that the global semiconductor market will experience robust double-digit growth in 2021, driven by the semiconductor industry’s deep integration into multiple industries and the need for world-changing semiconductor innovations. KPMG expects the market to reach $514 billion in 2021, a significant increase of 12.7 percent over 2020’s total. Overall, the outlook is positive as the industry continues to prepare for future growth opportunities.
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