By 18%, and the crisis of overproduction will be felt until the end of the third quarter.
According to Gartner forecasts, the moment of inertia accumulated over two years by the semiconductor industry will begin to deplete itself this year. Revenue from the sale of all semiconductor components will grow by only 4% this year to $618 billion against the 26.3% growth observed in 2021 and the total amount of $595 billion. If earlier it was expected that revenue would grow to $623 billion next year, now Gartner experts expect it to decline to $596 billion, which corresponds to a fall of 3.6%.
Image source: SK hynix
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Demand in the consumer sector will suffer the most, but the corporate sector is still able to resist the global turmoil in the economy. Next year, revenue in the memory segment will decline by 16%, while in the RAM (DRAM) business, it will fall by 18% to $74.2 billion, and in the solid-state memory segment will decrease by 13.7% to $59.4 billion. Surplus DRAM chips will spoil the statistics until the fourth quarter of next year, according to Gartner analysts.