Analysis

IC industry forecast to rebound in 2020

5th December 2019
Alex Lynn

After a 16% drop in 2019, IC Insights believes that 2020 will see single-digit growth for the IC industry and a moderate increase in the worldwide economy, with China playing a critical role in these forecasts. In 2024, the IC market is forecast to reach $575bn, up from $356bn in 2019.

The 2020 23rd Edition of ‘The McClean Report’ fully explains why IC market growth is forecast to continue displaying an excellent correlation with worldwide GDP growth and examines other IC industry trends based on its sound research and analysis.

This and other IC industry topics will be reviewed and discussed at IC Insights’ upcoming ‘McClean Report 2020’ seminars. Let IC Insights provide you with the proper perspective you need to navigate through the year ahead by attending one of its scheduled seminars.

IC Insights will explain the assumptions behind its forecast for 2020 and beyond. This informative meeting is certain to help you make better decisions as you formulate your near-term and long-range business plans.

When and where: 

  • Scottsdale, AZ, Tuesday, January 21st, 2020
  • San Jose, CA, Thursday, January 23rd, 2020
  • Boston, MA, Tuesday, January 28th, 2020

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