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April 25, 2019
Volatile DRAM and Flash Memory Cycles Weigh On IC Market Growth
Positive and negative, memory sales continue to strongly impact total IC market.
IC Insights recently updated its 2019-2023 semiconductor market forecasts in its March Update to the 500-page, 2019 edition of The McClean Report—A Complete Analysis and Forecast of the Integrated Circuit Industry.
At $99.4 billion, the DRAM market was by far the largest single product category in the semiconductor industry in 2018, exceeding NAND flash ($59.4 billion), the second-largest market by $40.0 billion. Since 2013, the memory market has been a tailwind (i.e., positive influence) on total annual worldwide IC market growth and only once a headwind (i.e., negative influence) (Figure 2).
A memory market segment surge of 64% in 2017 helped boost the total IC market growth rate by a whopping 14 percentage points. Despite a fourth quarter slowdown, the 2018 memory market grew by a strong 26%, providing a very substantial six point positive impact on worldwide IC market growth for the full-year.
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