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Research Apr 2023
... After two years of over 30% annual growth, foundry revenue will decline by 6.2% in 2023 as the near-term wafer demand stays weak. A market recovery projected to start by 3Q23 will drive the foundry revenue to grow by 12.4% in 2024. Table of Contents List of Tables List of Figures Overview Gartner Recommended ...

Analyst(s):   Samuel Wang
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Research Jan 2022
... client? Chip shortages are expected to ease during 2H22, with global semiconductor revenue projected to grow 9.4% in 2022 to reach $638.6 billion. This will be followed by slower growth in 2023 and 2024 as the chip shortages ease and prices stabilize. Overview Forecast Data Summary Forecast Model Summary ...

Analyst(s):   Ben Lee   |   Alan Priestley   |   Sridhar Srinivasan   |   Bill Ray   |   Masatsune Yamaji   |   Andrew Norwood   |   Jon Erensen   |   Rajeev Rajput   |   Roger Sheng   |   Joseph Unsworth   |   Kanishka Chauhan
Research Dec 2024
... Insights Already a Gartner client? The worldwide enterprise application software market will grow at 13.5% in 2025 and reach $643 billion by 2028, at a CAGR of 13.0% in constant U.S. dollars from 2023 to 2028. Despite the ongoing uncertain business environment, the five-year growth trajectory remains robust ...

Analyst(s):   Kevin Quinn   |   Julian Poulter   |   Alexandre Oddos   |   Craig Roth   |   Roland Johnson   |   Amarendra .   |   Radu Miclaus   |   Anand Chouksey   |   Arunasree Cheparthi   |   Chris Pang   |   Balaji Abbabatulla   |   Jim Hare
Research Oct 2023
... Gartner client? Market weakness continues and the business recovery of foundries in 2H23 has been disappointing. Even with the surge of AI-GPU, foundry revenue is projected to decline by 9.6% in 2023, followed by 11.6% growth in 2024 — driven by the demand recovery of consumer products. Table of Contents ...

Analyst(s):   Samuel Wang
Research Jul 2024
... improvements increase the demand for wide-bandgap semiconductor devices in electric vehicles, 5G infrastructure and power converters. This will drive the wide-bandgap market to $13 billion by 2028 at a CAGR of 29.9% between 2023 and 2028. Overview Forecast Data Summary Forecast Model Summary Influencing ...

Analyst(s):   Bill Ray   |   Masatsune Yamaji   |   Menglin Cao
Research Jun 2023
... Access Insights Already a Gartner client? Enterprise infrastructure software spending is expected to grow by 14.1% in constant U.S. dollars in 2023 globally, reaching $449 billion in current U.S. dollars. By 2027, the market is forecast to reach nearly $735 billion, increasing at a CAGR of 12.6% over ...

Analyst(s):   Laurie Wurster   |   Lisa Unden-Farboud   |   Arunasree Cheparthi   |   Brian Doherty   |   Nicholas Carter   |   Amarendra .   |   Christian Canales   |   Daniel O'Connell   |   Kelli Smith   |   Varsha Mehta   |   Shailendra Upadhyay   |   Brandon Medford   |   Sharat Menon   |   Robin Schumacher   |   John Harrell   |   Fabrizio Biscotti
Research Jan 2023
... a Gartner client? The 30% annual growth rate in foundry business over the past two years has come to a halt on weak market demand and more restricted U.S. export controls. Foundry revenue is projected to decline by 2.1% in 2023 before recovering by 8.9% in 2024. Overview Forecast Data Summary Forecast ...

Analyst(s):   Samuel Wang
Research Dec 2021
... constraints continue to restrict demand during 1H22. Demand is expected to accelerate during 2H22; however, a sales downturn of 5.0% remains forecast for 2023 due to excessive supply. Table of Contents List of Tables List of Figures Overview Gartner Recommended Reading Gartner Insights Abstract ...

Analyst(s):   Joseph Unsworth
Research Aug 2023
... estimates end-user spending for external controller-based storage for 2023 to be $27.8 billion, an annual decline of 6.5% in constant U.S. dollars as IT leaders are focused on cost optimization and efficiency resulting in a decline in spending. Overview Forecast Data Summary Forecast Model Summary Influencing ...

Analyst(s):   Suzie Low   |   Andrew H Kim
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