Chipmakers have had great success during the epidemic, and according to forecasts, the chip market will continue to grow strongly in 2022. The market is estimated to grow by 9% to $ 600 billion in 2022 for the first time.
According to a new report from Euler Hermes, the current semiconductor market cycle is very hot in all respects and far from its worst recession in 2019. has taken. The market value increased by 26% to $ 553 billion in 2021 and is expected to cross the $ 600 billion mark next year with a 9% increase.
According to the company, three factors have increased the sales of chips: high demand, especially for personal computers and smartphones, rising prices due to supply constraints and product development. However, analysts believe that in 2022, as the rate of production increases, the intensity of these three factors will decrease.
Risks that threaten the chip market
In part, analysts point to the risks facing the semiconductor market. They say hardware sales, especially for PCs and TVs, will be greatly reduced and will fall sharply from 2020 and 2021. The US-China conflict in the world of technology has led to restrictions that still hurt many companies, including Chinese companies that seek American technology.
Technology consultant Euler Hermes says a number of factors will determine the state of the chip market in 2022. For example, unexpected events at chip plants in Taiwan and South Korea can have a significant impact on the market. Now we have to wait and see what the biggest chip companies, including TSMC, have plans for next year and how they will control the market.