Analysts at the Semiconductor Industry Association (SIA) and World Semiconductor Trade Statistics (WSTS) predict increased growth in 2014 and 2015, due to double-digit increases in monthly semi sales year-over-year.
“The global semiconductor market maintained its strong momentum in April, with year-over-year sales increasing across every region and product category,” SIA president and CEO Brian Toohey said in a release. “The market remains well ahead of the pace set in 2013, which was a record year for semiconductor revenues. April marked the twelfth consecutive month that year-over-year sales have increased, and we expect that trend to continue during the remainder of 2014 and into 2015.”

According to WSTS, worldwide sales reached $26.34 billion in April 2014, an increase of 11.5% over April 2013. WSTS predicts global semi sales will reach $325.4 billion in 2014, a 6.5% increase from the 2013 sales total and a revision from its fall 2013 forecast, which projected 4.1% growth.
WSTS predicts 3.3% growth globally for 2015, or $336.1 billion in total sales, and 4.3% growth for 2016 to $350.5 billion. Regionally, WSTS expects year-over-year increases in 2014 for Asia Pacific, Europe, and the Americas with a 1.3% decline projected for Japan. Sequential monthly sales increased in all regions except for Europe and the Americas, which saw 0.6% and 1.6% declines, respectively.