Analog IC market growth set to slow
However, the market research firm sees a slow down coming over the next five years despite the supposed demand for the same components in Internet of Things applications.
"The Internet of Things presents a great growth potential for analog and sensors, but large volumes for that market are still a few years away," said Jim Feldhan, president of Semico Research. "Consequently, we are seeing an inflection point in the analog market. Over the next 5 years, analog sales growth will slow to a CAGR of 4.4 percent in dollar terms and 5.3 percent in unit terms."
Semico estimates that 121 billion analog ICs will ship in 2015 and that by 2020 the analog IC market will be worth $56.5 billion. The combination of these figures indicate that the analog IC market is set to be worth about $45.6 billion in 2015 and that in 2020 unit shipments will reach about 157 billion units.
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