Gartner Research

Semiconductor & Electronics Forecast Update, 1Q21, Presentation Materials


Global semiconductor revenue will grow to $545 billion in 2021 and over $600 billion in 2022. Technology and service providers will see higher chip prices due to the ongoing global shortage and the demand growth driven by post-COVID-19 economic recovery fueling revenue growth through 2021 and 2022.

Published: 06 May 2021

ID: G00750797

Analyst(s): Ben Lee Masatsune Yamaji Roger Sheng Anushree Verma Kanishka Chauhan Alan Priestley Bill Ray Andrew Norwood Joseph Unsworth Jon Erensen Gaurav Gupta Bob Johnson Samuel Wang

Already a Gartner client?

Become a Client

This research is reserved for paying clients. Speak with a Gartner specialist to learn how you can access this research as a client, plus insights, advice and tools to help you achieve your goals.

Contact Information

All fields are required.

By clicking the "Submit" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Experience Gartner Conferences

Join your peers for the unveiling of the latest insights at Gartner conferences.

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.