A service of Semiconductor Business News, CMP Media Inc.
Story posted 12:45 p.m. EDT/9:45 a.m. PDT, 11/5/98
PC-related ICs will drive
four-year boom, says report
SCOTTSDALE, Ariz.---The world's IC markets are expected to more than double in size between 1998 and 2002, growing from $109 billion to $220 billion in four years, according to a forecast contained in a new report on emerging applications from IC Insights Inc. here.
The market research firm earlier this week predicted that the beginning of the next boom period had begun based on what analysts said were higher than usual increases in month-to-month chip sales (see Nov. 3 story).
Much of the growth in the next four-year boom cycle is expected to come from ICs used in personal computers, said IC Insights. Today 41% of the $109 billion market is made up of PC-related integrated circuits, but in 2002 that percentage will grow to 47%, said the research firm.
ICs used in cellular phones and personal communication systems (PCS) will almost double to $11.5 billion in 2002 compared to sales in 1998, IC Insights said. By 2002, integrated circuits will make up 30% of a handset's value, up from 23% this year, said the research firm in the emerging IC application report.
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