Semiconductor revenue set to grow despite ongoing chip shortage, analysts predict

Worldwide semiconductor revenue grew to $464 billion in 2020 and should continue to rise in 2021, even as supply constraints continue, says IDC.

April 15, 2025 · 1 min · 55 words · Margaret Ray

Worldwide, semiconductor revenue rose 10.8% to $464 billion in 2020, IDC reports.

That’s welcome news forindustry leaders weary of the ongoing impact of the chip supply shortage.

As for mobile, the market proved resilient in 2020, notching higher revenue from fewer devices sold.

Overall, IDC’s big-picture view of the semiconductor market is a bullish one.