... Access Insights Already a Gartner client? Despite the raised wafer ASPs due to supply-demand imbalance, foundry fabs remain highly utilized in 2021 as revenue is projected to grow by 16.6% to reach $90.4B. A race in increasing the capex investment will result in an oversupply of wafers during 2024 to ...
Analyst(s): Samuel Wang
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... Access Insights Already a Gartner client? While fab utilization rates dipped to 69% in 2023 — the lowest in a decade — foundry revenue in 2023 only declined by 10.8% due to much higher wafer selling prices. Foundry revenue will return to 12.2% growth in 2024 as chip inventory depletes further and dema ...
... Access Insights Already a Gartner client? The chip shortage has led chip vendors to sign multiyear contracts with foundries. Foundry revenue will grow by 22.6% to reach $95.0 billion in 2021, followed by 11.9% growth in 2022. Elevated capital spending will result in oversupply in 2024 and 2025 as the ...
... Access Insights Already a Gartner client? While the fab utilization rate dips to 69%, foundry revenue in 2023 will only decline by 10.8% due to higher wafer selling prices at $1,581 per 200 mm wafer equivalent in 2023 vs. $1,412 in 2022. Foundry revenue will return to 12.2% growth in 2024 as chip inve ...
... Access Insights Already a Gartner client? Higher wafer average selling prices secured by long-term agreements (two to five years) with chip vendors provide foundries a better business outlook. Foundry revenue will grow by 18.3% to reach $118.5 billion in 2022, followed by mild growth in the remainder ...
... Access Insights Already a Gartner client? In the forecast period of 2023 to 2027, $13 billion was added to the foundry revenue due to the surge of AI-GPU wafer demand, albeit not enough to improve short-term business outlook. Foundry revenue is projected to decline by 5.6.% to $123.3 billion in 2023, ...
... Access Insights Already a Gartner client? Print as a service is gaining interest as customers seek to reduce printer assets and increase flexibility in the delivery method. It provides a promising sale and delivery model that will transform the focus of MPS based on print volume and hardware to MPS ba ...
... Access Insights Already a Gartner client? Total enterprise print spending is forecast to be $130 billion in 2022, reflecting an annual growth of 1.1% in current U.S. dollars (1.2% in constant currency). However, the industry is forecast to post a secular decline thereafter with a five year CAGR of −1. ...
... Access Insights Already a Gartner client? In 2024, India’s IT spending will grow by 12.2% in constant currency (cc), the fastest among the world’s major economies, reaching $146 billion or INR 12 trillion. Indian IT spending will continue to grow and reach INR 17.7 trillion or $203 billion by 2028 at ...