Solid-state computing is expected to drive demand for high-density, high-performance NAND flash this year, even as mobile applications continue to be a significant application. Momentum for 5G connectivity, AI, deep learning, and virtual reality in mobile, data center and cloud-computer servers, automotive, and industrial markets will boost growth in NAND flash and DRAM. Other drivers include increasing electronic content onboard new cars.
Among the IC product categories, 26 are forecast to show growth in 2020, an impressive turnaround from 2019 when only six IC product segments showed sales gains. Five products are expected to enjoy double-digit growth in 2020, an increase from four in 2019 but down from the 17 product categories with double-digit growth in 2018. Seven products are forecast to show flat growth or a market decline in 2020.
- Taiwanese fabricators see an improving order picture in 2020. (TPCA)
- Global electronic equipment sales increased an estimated 0.3% in the third quarter, based on a combination of company financial reports, individual company projections and estimates. (Custer Consulting)
- Wearable technology continues to gather pace, building an ecosystem of connected devices and capturing consumer attention to the tune of $108 billion by 2023. (Futuresource Consulting)
- Worldwide net additions of autonomous vehicles will reach 745,705 units by 2023, up from 137,129 units in 2018. (Gartner)
- Global AR/VR spending is forecast to be $18.8 billion in 2020, an increase of 79% over 2019. (IDC)
- Vendor revenue in the worldwide server market declined 6.7% year-over-year to $22 billion during the third quarter, while shipments dropped 3% to 3.1 million units. (IDC)